SALT was a good idea. Then it ran into India’s startup reality.
The three-year-old fintech, with three accomplished women as founders, set out to address the inherent gender bias in the Indian financial system. Today, it is on a hiatus and has surrendered its regulatory licence. What happened?
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
SuperK has a playbook for solving India’s small-town retail problem
Investors are betting on the value retail chain’s franchise model to disrupt the retail market in small-town India. By the looks of it, the six-year-old startup seems to have gotten a lot of things right.
Alaan investment signals Peak XV’s Middle East fintech ambition
A big Series A funding round in the Gulf, real estate’s luxury updates and other headlines from the week.
The quick rise and even quicker fall of India’s smartwatch industry
At a time when startups selling chips or pet food have raised millions of dollars in funding, investors have shunned wearable tech companies. The fate of the sector hangs in the balance.