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3 mins read

Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report

Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…

PTI   


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2 mins read

DPIIT recognises 1.40 lakh entities as startups as on June 30, 2024

Under Fund of Funds for startups, Rs 805.86 crore was invested in the startups by supported AIFs (A…

PTI   


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2 mins read

Startups demand angel tax elimination, incentives on investments in upcoming budget

Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…

ANI   


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3 mins read

The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects

The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…

John Towfighi   


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5 mins read

A startup wants travelers to live on a cruise ship for 3 years. See what the $181,790 global voyage promises.

GlobeCruises wants to launch a three-year global cruise to 413 ports in April 2025. Its CEO and COO…

Brittany Chang   


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8 mins read

Blue-collar entrepreneurs say it's getting harder to turn a profit as competition for 'sweaty startups' heats up

BI spoke to sweaty startup owners in industries such as cleaning and pest control who said they lov…

Noah Sheidlower   


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4 mins read

India’s fintech funding shrinks over 60% to $2 billion

In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…

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2 mins read

ADB approves $23 million loan to catalyze fintech development in Gujarat

According to ADB, Gujarat International Finance Tec-City (GIFT), a state-owned enterprise, serves a…

ANI   


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2 mins read

India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.

The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…

Shubhangi Goel   


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7 mins read

The dark truth behind RBI’s crackdown on easy personal loans

The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…

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10 mins read

The Supreme Court shut down Biden's student loan forgiveness and refinancing startups are waiting to pounce

Private lenders promise big savings if you refinance your student loans — but the offers will…

Thomas Gokey   


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3 mins read

This startup is building infrastructure to automate and ease the process of giving out small biz loans

Lending company U GRO Capital intends to give out small business loans worth ₹2,000 crore to MSMEs …

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3 mins read

A tax guru explains all that is wrong with Indian government’s latest requirement for startups to disclose creditors’ source of income

While the government of India has set forth the agenda of “trust-based governance”, it has also iss…

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2 mins read

Fintech startup offering gold loans to improve credit availability in Tier-2,3 cities raises $1.5 million in seed funding

Kae Capital led the funding round in fintech startup Bold Finance. The round also saw participation…

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2 mins read

Byjus proposes sale of overseas units to repay $ 1.2 billion loan

Byju's hopes to garner between USD 800 million to USD 1 billion from the sale of Epic, the US-b…

PTI   


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4 mins read

This AI startup that helps stores catch shoplifters just bagged $1.5 million in pre-seed funding without using a pitch deck

MokSa.ai, which aims to help stores curb theft and employee fraud using AI-enabled security cameras…

Melia Russell   


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6 mins read

The hidden woes of being in a relationship with a startup founder

Business Insider's Melia Russell offers a fascinating look at what it's like to be married to the f…

Dan DeFrancesco   


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2 mins read

Indian startup funding slumps 75% YoY to $2.8 billion in Jan-Mar, as macro challenges weigh

The ongoing macroeconomic challenges have hit the Indian startup industry in terms of funding from …

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1 min read

A fintech CEO is trying to raise more than $1 billion to fund bridge loans for startups impacted by the Silicon Valley Bank collapse

"We've received $1.5 billion in requests from nearly 1,000 companies," a Brex spokesperson said. "W…

Sam Tabahriti,Aidan Pollard   


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2 mins read

OpenAI CEO Sam Altman sent startup six-figure loan to make payroll after Silicon Valley Bank collapse, report says

Altman is one of several tech executives reportedly giving money to startups to help them weather t…

Aaron McDade