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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The company's founders are seeking funding to restart the application with a similar business model.
SALT, a finance startup focused on providing a platform for women to manage their finances, paused its operations on Monday, joining a long list of Indian startups that have had to shut their doors over a dearth of investor funds, according to Moneycontrol.
The company, founded in 2020 by Simpl co-founder Chaitra Chidanand with Shinjini Kumar and Aditi Sholapurkar from the now-beleaguered Paytm Payments Bank, has pulled its MySalt app from app stores.
Moneycontrol’s report, citing insiders privy to the developments, claims that the move was triggered by “challenges in managing the CAC (Customer Acquisition Cost)”—basically, the costs involved …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
Billionaire Mohamed Alabbar goes for the Indian Ocean archipelago, India’s PhonePe gets UAE approval, and other updates from the week.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
