Platform Financial News
20.09 / 09:25
20.09 / 09:01
Provident
Digital
McDonald's
Platform
Backed
NoBrokerHood joins govt-backed ONDC to enhance shopping experience for residents
NoBrokerHood, the visitor, society and payment management app by NoBroker, has said that it has joined the government-backed Open Network for Digital Commerce (ONDC) in order to transform daily shopping experience for residents. As per the company's statement, this will help society residents avail everything from food, groceries, daily essentials, etc. on one app.
20.09 / 08:41
Digital
Booking
Google
Platform
Align
Vertex
voice
Kuku FM raises $25 million in funding from Fundamentum, others
Kuku FM on Wednesday said it has raised $25 million in a Series C funding round co-led by the Nandan Nilekani-founded Fundamentum Partnership and International Finance Corporation. Temasek-backed Vertex Ventures, which closed its fifth fund at $541 million last week, also participated in the funding, as per a statement.
20.09 / 08:41
Citi
Provident
Digital
Google
Platform
Action
Honeywell
Climate tech startup Aurassure raises Rs 4 crore in funding
climate tech startup Aurassure has raised Rs 4 crore in a seed round led by Unicorn India Ventures. The funds will be deployed to strengthen product capabilities by creating a data analytics team, acquiring product certifications for international scaling, and sales team expansion for growing reach to multiple cities, it said in a statement.
20.09 / 08:19
Provident
BLOCK
Google
Platform
Apple
Align
Data protection board, relevant rules likely in a month
start-ups. However, big tech or companies like Google, Meta, Apple and others that would already be complying with global data protection or privacy laws such as the GDPR, would be expected to comply at the earliest. “They would have to make a strong case why they need more time for transition.
20.09 / 07:41
COST
Provident
Target
Aviat
Aware
Platform
country
Global Biofuel Alliance: India takes a leadership role
Global Biofuel Alliance. In this editorial, we will dig into this agreement and find out how India benefits from this. Read on… Biofuels are fuels from biomass such as animals, plants and algae.
20.09 / 07:41
Provident
Platform
love
end
Deadline for adding nominee for stock market, mutual fund investors end this month. Here's what you should do
mutual fund (MF) investments, trading, and demat accounts is just ten days away. Investors have time till 30 September to do the same. Earlier the deadline was March 31, 2023.
20.09 / 06:29
Platform
Action
Remark
performer
social
concert
singer
Support
Why is Canada-based singer Shubh facing backlash? Virat Kohli unfollows him, boAt withdraws support. Details here
Amritpal Singh who was arrested in April this year. The youth wing has also submitted a memorandum to the Mumbai Police Commissioner demanding strict action against Shubh and cancellation of all his performances. "We have given a memorandum to the organizers and Mumbai police to cancel the program peacefully and if appropriate action is not taken, we will protest.
20.09 / 06:29
20.09 / 05:51
UPS
IPO
Digital
CEO
Platform
Mullen
performer
instacart
exits
Instacart founder Apoorva Mehta exits with $1.1 billion fortune after IPO
Apoorva Mehta is checking out with a $1.1 billion fortune following the grocery-delivery company’s initial public offering. Mehta, 37, who stepped down as chief executive officer in August 2021, relinquished his board position as executive chairman as part of the IPO proceedings to current CEO Fidji Simo, a former Meta Platforms Inc. executive. The transition marks the end of Mehta’s 11-year tenure with the company he co-founded in 2012.
20.09 / 05:51
Provident
Digital
Progressive
Platform
Simulation
Role-playing
AI in learning and assessment: The transformative game-changer of our times
The surge in demand for remote learning, coupled with the necessity for secure and dependable assessment methods, has thrust AI into the spotlight as a formidable transformative force. We, at Think Exam, understand the power of AI in revolutionising the education sector. Our platform incorporates AI-driven features that make learning engaging and effective and assessments more secure and accurate than ever.
20.09 / 05:51
Citi
Provident
FIVE
Platform
stage
country
"Russia weaponising food, energy; abducting children": Zelenskyy in fiery UN speech
Zelenskyy lashed out at Russia, accusing it of «weaponising» food and energy and attacking children during the war in Ukraine reported the New York Post. Zelenskyy framed Russia's war on his country as an attack on the «international order» and urged the world leaders to «act united to defeat the aggressor» «Let unity decide everything openly,» Zelenskyy said. «While Russia is pushing the world to the final war, Ukraine is doing everything to ensure that after Russian aggression no one in the world will dare to attack any nation.». «Weaponization must be restrained, war crimes must be punished, deported people must come back home and the occupier must return to their own land.
20.09 / 05:39
Citi
VISA
Career
CEO
Platform
Indian
Record number of Indian students heading to study abroad, sharp surge in enrolment in these areas: Report
Economic Times. As per the report, this comes as a result of various factors including rising aspirations for a foreign education and career, an increase in applicants from Tier 2 and Tier 3 cities.
20.09 / 05:11
UPS
FIVE
Platform
Assurant
Pool
track
Returns
safe
High returns on P2P lending in China turned into a nightmare for investors, how safe is it in India?
Wangdaizhijia, a Chinese website tracking the industry, reported that 300 P2P platforms went out of business in the first half of 2018 itself. Fast forward to today, the industry is almost extinct in China. Why is this story worth retelling five years later in the Indian context? The answer is that almost like déjà vu, history often repeats itself in different parts of the world.
20.09 / 03:03
20.09 / 02:09
MAIL
Digital
Platform
Strategy
Mobile
track
open
SBI: NRIs can now open new bank accounts through the YONO app in three quick steps. Here is how
KYC: option 1 - submit the document at an SBI branch of choice in India; option 2 - Attest the KYC documents by a Notary, Indian Embassy, High Commission, SBI Foreign Office, Representative Office, Court Magistrate, or Judge and mail them to a centrally designated branch for processing. Customers can track the status of their applications in real-time SBI is the largest commercial bank in terms of assets, deposits, branches, customers, and employees.
20.09 / 01:09
COST
UPS
Digital
CEO
Platform
cover
How cheap pub schnitzels helped this company raise $16m
Food ordering business Ordermentum, whose digital system is used by 40,000 pubs, clubs and cafes, has raised $16 million in fresh capital to drive growth as value-seeking diners head to pubs rather than higher-end restaurants.
20.09 / 01:03
Provident
Target
Digital
Platform
Interface
Instagram
audience
WhatsApp means business as monetisation plans take shape
Meta India head Sandhya Devanathan said. The company is also focussing on launching features which will expand its ambitious bet WhatsApp Pay in India. It will also expand on enabling direct interface between merchants and customers where they will let users avail service delivery and make payments for it directly to merchants through WhatsApp.
20.09 / 01:03
UPS
FIVE
Digital
CEO
Platform
Mosaic
country
Offline raises $2 million from a clutch of angel investors
Offline, a private members’ community for tech founders and CEOs for India, has raised $2 million from a clutch of angel investors including Groww’s Lalit Keshre, Razorpay’s Harshil Mathur and Shashank Kumar, Xiaomi’s Hong Feng and Alvin Tse, Ultrahuman cofounders Mohit Kumar and Vatsal Singhal, in addition to cofounders of startups such as Shiprocket, Polygon, Park+, Fashinza, GoKwik, Mosaic Wellness and others. The community platform, launched by Utsav Somani, former India head of AngelList, will build a closed-knit community of startup founders with a certain growth trajectory. “They need to meet either of these criteria to even apply – $5 million raised or $5 million in revenue or $10 million in a previous exit,” according to a statement.
20.09 / 01:03
UPS
Digital
Aware
Platform
stage
social
Flipkart lining up $20 million for in-house credit marketplace
Flipkart is allocating about $15-20 million for the credit marketplace startup being set up internally by its senior executive Prakash Sikaria, multiple people aware of the matter said. Sikaria – a senior vice president at the firm who was heading the firm's social commerce offering Shopsy and steering its growth charter – is building a credit marketplace that would be housed as a Flipkart entity, where the new capital would be invested.
20.09 / 00:13
UPS
Platform
Boeing
Gold little changed ahead of Fed and other rate decisions
Investing.com — Sit and wait: That’s what the gold trading community seems to have decided ahead of Wednesday’s monetary policy update from the Federal Reserve and other central bank rate decisions due this week.
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