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Fintech players get $2.7 billion from VC funds in 2020: Report

Fintech players get $2.7 billion from VC funds in 2020: Report Payments remained the hottest area of investment, followed by tech-driven insurance firms and tech-driven wealth managers, the report said.Premium 1 min read . Updated: 25 Feb 2021, 03:27 PM IST PTI The biggest investments were into Bengaluru-based payments firm Navi Technologies at $397.9 million from angel funds, Noida-based Pine Labs attracted $300 million from private equity players, and Razorpay received $100 million from GIC...
West Bengal Sanjay Doshi Evolvence India Fund Kasba Chittaranjan High School Sistema Asia Fund Navi Technologies

IRCTC ties up with Abhibus to provide bus ticket bookings

IRCTC ties up with Abhibus to provide bus ticket bookings IRCTC app powers over 100,000 train tickets per day. Mobikwikโ€™s payment gateway processes more than 100 million transactions a month. Photo: Indranil Bhoumik/Mint (Indranil Bhoumik/Mint) Share Via Read Full Story AbhiBus Services, an online e-ticketing platform that aggregates solutions to 3000 private bus operators has partnered with ticket booking platform, Indian Railway Catering and Tourism Corporation (IRCTC). With this partners...
West Bengal Narendra Modi Evolvence India Fund Kasba Chittaranjan High School Sistema Asia Fund Lupa Systems

Smallcap index hits new peak, RIL up at 4-month high. Today's market action in 10 points

Smallcap index hits new peak, RIL up at 4-month high. Todays market action in 10 points Premium (REUTERS) RIL rose about 4%. Read Full Story Indian stocks ended higher for the third day in a row with strong gains seen in the broader markets. Positive global sentiment along with gains in heavyweight Reliance Industries and energy stocks lifted Indian markets. The NSE Nifty 50 index ended 0.77% higher at 15,097.35 and the S&P BSE Sensex closed up 0.51% at 51,039. Here are 10 things to know about ...
West Bengal Jerome Powell Ajit Mishra Rohit Singre Deepak Jasani Ajay Tyagi

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India Inc bats for easier processes to speed up vaccine delivery

India Inc bats for easier processes to speed up vaccine delivery Premium (AP) Share Via Read Full Story New Delhi: Private sector can scale up Indiaโ€™s covid-19 vaccination drive five times in the next 45 days, but needs processes that are less cumbersome than currently followed, industry leaders Mint spoke to said. India, in 40 days, has vaccinated 1.23 crore healthcare and frontline workers. A speedier vaccination drive has become an imperative given that many Indian states are now witnessi...
West Bengal Nirmala Sitharaman Som Parkash Narendra Modi Shobana Kamineni Sudarshan Ballal

Why an ice cream cone tweet sent more than doubled a stock's price in a day

Why an ice cream cone tweet sent more than doubled a stocks price in a day Other so-called stonks - an intentional misspelling of stocks - favored by retail traders on sites such as Reddits WallStreetBets, also shot higher (AFP)Premium Share Via Read Full Story GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailers stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January. The sha...
United Arab Emirates Uttar Pradesh Tamil Nadu Mamata Banerjee Stephanie Wissink Michael Pachter

Private banks can vie for govt biz

Private banks can vie for govt biz Premium Union Finance Minister Nirmala Sitharaman addresses business leaders, entrepreneurs, and sectoral experts during a post-budget interactive session organised by the Bangalore Chamber of Industry & Commerce, in Bengaluru on Sunday. (ANI Photo) 1 min read Share Via Read Full Story Private banks can now compete with their public sector counterparts for government business such as transactions related to taxes, revenue payments, pensions and small savings s...
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