Stay updated with breaking news from Accel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Polygon will zero in on protocol developers as part of its recently announced grant that seeks to attract Web3 startups to its ecosystem, where it previously primarily focused on Ethereum Virtual Machine (EVM) developers, Nailwal said.
In FY23, the company posted a profit of Rs 85.72 crore, turning around from the Rs 92.2-crore loss incurred in the previous fiscal year.
Our daily TLDR of important AI stories you should know about.
There was a plethora of regulatory challenges in app interactions with insurance, banking and governmental agencies with fintech apps recording billion-scale transactions. This also threw enormous scope for constant innovations in fintech apps, he said, while speaking at the inaugural of the Bengaluru Tech Summit 2023.
Peak Ventures’ first investment fund of about $150 million is expected to accelerate the fundraising process following Nayar’s onboarding, managing partner Samir Shah told ET. The firm has received approval from the Securities and Exchange Board of India (Sebi) to induct Nayar as a general partner.