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Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

IndiaP2P was founded in 2021 by Neha Juneja as a platform that focuses on empowering women entrepreneurs. With 96% of its borrowers being women leading SMEs, particularly in rural areas, IndiaP2P has grown through partnerships with organisations and microfinance institutions across regions like Nagaland, the southern states, and Maharashtra by providing essential capital to these entrepreneurs. In a chat with ETDigital, Juneja, the CEO and Co-founder of the platform, talks about what she wants to achieve, why IndiaP2P has placed a bet on women entrepreneurs and the role of the regulator in the fintech space. Edited excerpts. Economic Times (ET). When did you start IndiaP2P and what was the idea behind it? Neha Juneja (NJ): We started operations in 2022 with a core thesis that women and small business owners make for prudent borrowers. Investing in them is both profitable and purposeful, given the direct and second-order effects of enabling income expansion, especially for women. Building on this thesis, we now source loans predominantly from women businesses nationwide and curate them for retail lenders to lend to.

Piyush Goyal on Wednesday expressed concerns over the rapid expansion of e-commerce firms in India, describing it as a «matter of concern» rather than an achievement. Speaking at an event for the launch of a report on the 'Net Impact of E-Commerce on Employment and Consumer Welfare in India', Goyal raised questions about the potential social disruption that might follow this surge. «Are we going to cause huge, social disruption with this massive growth of e-commerce? I don't see it as a matter of pride that half our market may become part of the e-commerce network 10 years from now; it is a matter of concern,” Goyal remarked.

Genus Power Infrastructure rose 5% to its new all-time high of Rs 438.35 on BSE after the company reported that it has won orders worth Rs 3,608.52 crore for the appointment of Advanced Metering Infrastructure Service Providers (AMISPs). The orders for appointment of AMISPs also include the design of an Advance Metering Infrastructure (AMI) system with supply, installation, and commissioning with FMS of about 4.26 million Smart Prepaid Meters, system meters including DT Meters with corresponding energy accounting on DBFOOT basis.

Broach Lifecare Hospital listed on the BSE SME platform with a 90% premium on Wednesday. The stock debuted at Rs 47.5, compared to an issue price of Rs 25 per share. Ahead of the listing, the company’s shares had no gray market premium (GMP). The IPO, which was a fresh equity sale of 16.08 lakh shares, was oversubscribed by over 100 times at closing, driven by strong interest from retail investors.

merchants due to a spike in cases of tax evasion, people aware of the development told ET. The Directorate General of Goods and Service Tax Intelligence (DGGI) is working closely with startups, payment aggregators and payment gateways to monitor if merchants are selling the right products with the right GST invoices, they said. “Tax evasion is very common among small merchants, where they would enlist as a seller of one product which attracts GST at a lower slab, but engage in selling other products which attract higher GST… The tax authorities intend to catch such merchants,” said Wriju Ray, cofounder of Idfy, a Mumbai-based identity verification startup that helps payment aggregators deal with identity frauds.

₹4 crore is required. This amount doubles for medium-sized hubs and is about ten times more for large export hubs.

Volt VC, a micro venture capital (VC) firm, announced the launch of its inaugural fund on Wednesday. The Volt VC Fund-1 aims to raise a corpus of Rs 45 crore to invest in around 20-25 consumer-centric startups at the pre-seed stage across various sectors, with a particular focus on direct-to-consumer (D2C), business-to-consumer (B2C), and business-to-business-to-consumer (B2B2C) models. “In India, lately we have seen a good number of pre-seed and seed funds coming in, but several of them have ticket sizes of between Rs 4 crore and Rs 10 crore. However, many of these startups don’t have the appetite to take in that much money. So, there was a need for someone to enter with a smaller ticket for a smaller stake,” Param Patel, the general partner of the fund told ET.

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Chapter 13 of "Boruto Two Blue Vortex" delves into Boruto's past, revealing crucial details about his partnership with Koji Kashin. The chapter continues from where the previous one left off, offering significant plot developments and new revelations. The release date and global times for the chapter are also announced.

Black Myth: Wukong is a game set to release on August 20, 2024, for PlayStation and PC. The game, based on the classic novel 'Journey to the West,' has faced some delays for Xbox players. This story covers the release date, time and platform details for the upcoming game.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

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Thousands of hospitality workers on the Las Vegas Strip have reached a tentative deal with the Venetian and Palazzo resorts

TradePMR, a provider of technology and custodial services for RIAs, has bolstered its growing technology bench with four key appointments.

Brookfield has proposed to put over 50,000 crore in renewable energy over three to five years in Andhra Pradesh, potentially the largest overseas investment in the sector. The company, through its Evren platform, plans to add 8.66 gigawatts (GW) of wind and solar power projects, people aware of the development told ET. Senior executives from Brookfield, which manages renewable assets worth $102 billion globally, met Andhra Pradesh chief minister N Chandrababu Naidu on Tuesday. “Met with managing director of Brookfield’s renewable power and transition group, Mr Nawal Saini… Brookfield has expressed a keen interest in investing in our state's renewable energy sector, particularly in solar, wind, and rooftop energy,” Naidu posted on X.

The US individual life insurance market has stayed stable in the second quarter, though that topline figure obscures a possible shift in consumer appetites amid interest rate challenges, according to new data from Limra.

The Canada Border Services Agency (CBSA) said Tuesday a “partial systems outage” was impacting customs services at airports across the country.

Oppo F27 5G is priced at Rs. 22,999 for the 8GB RAM + 128GB storage variant. Additionally, there is a model with 8GB of RAM and 256GB of storage available at Rs.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Crypto lending platform, Ledn said it has secured a $50 million syndicated loan backed by Bitcoin from the Switzerland-based banking group, Sygnum.