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?

26 September, 202410 min
0
SALT was a good idea. Then it ran into India’s startup reality.

You may also like

Internet
Story image

It’s HUMAIN all the way at the desert Davos

Highlights from Saudi Arabia’s flagship FII conference, Tabby’s new valuation and UAE government bonds, among other updates.

Internet
Story image

Swiggy’s crisis of confidence

In the three-way quick-commerce race between Blinkit, Instamart and Zepto, it would appear that Swiggy has the least confidence in its ability to continue. What’s worse is that it is replacing strategy with capital.

Internet
Story image

India’s first neobanking unicorn is trying to reinvent itself. Will it work?

Regulatory curbs have forced Open Financial Technologies to shed some of its core neobanking offerings and focus on growing as a SaaS fintech. But success in this segment won’t come easy.