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South Asia Technology Partners LLC (USA), in partnership with BetterStories Limited, hosted the SouthAsiaTech Founders’ Reception 2024 on 19th February, 2024 at the Renaissance Hotel in Dhaka, Bangladesh.
Startup Show 2024: The Ministry of Commerce, in collaboration with various other ministries and industry bodies organised the Bharat Mobility Global Expo, a 3-day auto show from February 1-3 at the Bharat Mandapam. Next, the government is organising a 4-day Textile Show from Feb 26-29 at Bharat Mandapam and Yashobhoomi complexes. Next month, a 3-day exhibition of startups across domains will take place from March 18-20.
Budget 2024 Expectations: Some experts said progressive allocations should be made towards the sector in the upcoming union budget, including towards the implementation of IT Rules for online games and the establishment of self-regulatory bodies.
The Reserve Bank of India's decision to prohibit Paytm's vertical Paytm Payments Bank from offering all forms of banking services within a month has sent shockwaves through the Indian fintech landscape. Numerous industry executives have expressed their concerns, including Ashneer Grover, cofounder of BharatPe, who called for the finance minister and the prime minister of India to intervene.
EdTech start-up GradRight currently has 26 university partners and 16 lenders; in the last two and a half years, nearly ₹2,000 crore worth of loans have been disbursed and, more importantly, 80% of the students were from Tier 2/3 towns