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Despite regulatory challenges imposing higher governance costs, procedural delays and hurdles in establishing partnerships with banks for fintech firms, such actions serve as a runway for them to build a scalable platform in the long run, said senior partners at early-stage venture capital investor firm Elevation Capital.
Arman Financial Services Limited announced that Mr. Mridul Arora, Nominee Director of the company has tendered his resignation from the position of the Nominee Director of the company with effect from...
Venture capital firm Elevation Capital, formerly SAIF Partners, has hit the sell button on a nearly six-year-old portfolio, spinning high returns as it goes about ......
In December 2023, startups breathed a sigh of relief amid better investment numbers compared to the last three months. The month recorded $1,027 million in funding in 48 deals closed, which surprisingly was better than last year's $961 million in the same month in about 57 funding deals.
Approximately 46% of the participating startup founders noted a decrease in employee turnover over the last year, signaling an improvement in retention rates. Moreover, 50% of the founders observed that hiring for tech roles has become more straightforward, attributing this trend to the moderation of tech salaries.