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Detailed stories on technology startups, business and economic current affairs.

There has been a subtle shift in the colour of investments in the Indian fintech industry over the past two years. While venture capital continues to dominate the landscape, global financial giants and fintechs are investing in Indian fintechs or have announced their own entry into the market in some fashion. At the same time, Indian fintechs are expanding abroad either organically or through strategic partnerships.
The reason for this global play is twofold. First, global companies want to piggyback on the success of a few Indian fintechs. Second, some of them want to launch in India and grab a …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.