Investors Crown Hyderabad As India's Next Startup Powerhouse
Hyderabad has emerged as a significant startup destination with more than 240 funded startups, 550+ domestic and international investors.
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Hyderabad has emerged as a significant startup destination with more than 240 funded startups, 550+ domestic and international investors.
Instances of financial irregularities, malpractices, and failure to adhere to corporate governance standards by startups have prompted institutional investors to ramp up due diligence, even before issuing the term-sheet, and insist on periodic financial reporting by portfolio companies.
With fintechs such as Paytm and PhonePe entering the credit ecosystem, ICICI Bank, Axis Bank, HDFC Bank and others are trying to get merchants to opt for their QR codes. But will merchants using Paytm or PhonePes black-and-white squares switch to their banks quick response codes? Or will it be just another sticker among others crowding their shopfront? This and more in todays ETtech Morning Dispatch.
SafEarth, an India-based technology system for the green energy transition, completed a funding round of Rs 35...
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, June 21, 2023.