Author: Khushi Mundra

New Delhi: In collaboration with curlec, a startup it bought last year, the Bengaluru-based fintech business Razorpay has announced the opening of its payment gateway in Malaysia. By 2025, the new Curlec Payment Gateway by Razorpay hopes to work with over 5000 firms in Malaysia, with an annualised Gross Transaction Value (GTV) of RM10 billion as a target. According to industry data cited by Razorpay in its corporate statement, digital trade accounts for 22.6% of Malaysia’s GDP and is projected to rise to 25.5% by 2025. The potential for this is to accelerate corporate growth by 150%. The fintech firm…

New Delhi: Yandex, one of Europe’s leading technology companies, has begun testing a new tool for advertising placement in Telegram channels. With over 350,000 advertisers using Yandex Advertising Network and an impressive average of 4.5 billion daily ad placements, Yandex offers comprehensive advertising solutions in 50 countries worldwide. Building on this extensive experience, Yandex has now integrated its effective advertising platform with Telegram, the popular messenger, allowing channel owners to monetize their content. With an impressive global monthly active user base exceeding 700 million, Telegram has emerged as a popular messaging platform connecting people worldwide. Unlike other closed platforms, Telegram is…

New Delhi: The Indian Blockchain Alliance (IBA) and Zeeve, a platform for blockchain Infrastructure-as-a-Service, have joined forces. According to a formal announcement, this alliance intends to hasten blockchain adoption and evangelization across the Indian subcontinent. According to reports, the effort will contribute to the blockchain-enabled infrastructure of the government, colleges, and various businesses. “We are looking forward to embarking on this journey with the India Blockchain Alliance. As an infrastructure partner of IBA, Zeeve will provide Web3.0 infrastructure to enterprises and governments across India. We will also work with IBA’s initiative of establishing centers of excellence in various universities. We…

New Delhi: The IT industry leader in India, Infosys, has chosen to postpone the compensation increase for its staff, according to an article. According to the study, the compensation increase is typically announced to all personnel below senior management by June. The team, however, has yet to hear from anyone this year. According to the study, the decision demonstrates that the IT sector is experiencing difficult conditions due to the current macroeconomic situation. For the first time since 2020, Infosys has postponed a pay rise. The IT behemoth had frozen the rise at the moment. The paper noted that the…

New Delhi: According to reports, Siddharth Ahluwalia and Nansi Mishra, the creators of the 100x Entrepreneur Podcast, have created a startup fund to raise Rs 200 crore to invest in early-stage SaaS (Software-as-a-Service) firms. Neon is the second fund from 100x Entrepreneur that will invest in B2B SaaS firms and assist them to grow beyond a run rate of $10 million in annual sales in five years. “India has some incredible SaaS founders who shine bright even on the global stage….We look forward to being a part of their journeys and working with them on product development, marketing, sales, and…

New Delhi: Zeon Lifesciences, a prominent, multi-client Nutraceuticals Products manufacturer in India, is delighted to announce that it has been acknowledged as one of the Best Healthcare Brands in 2023 by The Economic Times. The organisation’s recognition stems from its commitment to innovation, rigorous healthcare standards, consumer satisfaction, responsibility, and dedication. The Economic Times Best Healthcare Brands 2023 initiative aims to realise healthcare innovations and underline the efforts of industry leaders. In the post covid era, emphasis on research and development and fostering innovation has become increasingly crucial in the healthcare segment. The Chief Marketing Officer of Zeon Lifesciences, Yashna Garg,…

New Delhi: A partnership between KoinX, a cryptocurrency taxation, portfolio tracking, and accounting platform, and ClearTax, a venue serving tax filing, tax professionals, and enterprises, has reportedly been announced. The partnership between Cleartax and KoinX will allow consumers to utilise Cleartax’s tax filing services, simplifying the tax filing process. Users of KoinX are allegedly also eligible for discounted access to ClearTax’s features, including a faster and easier way to compute Bitcoin taxes and help when completing tax returns. “By integrating ClearTax, users may have swift access to ClearTax’s easy-to-use self-tax filing and assisted tax filing under the expert guidance feature,…

New Delhi: AyushPay (formerly known as DoctCo), a leading healthcare solutions provider, is delighted to announce the appointment of Vivek Kapoor as its new Co-Founder and Chief Business Officer. Kapoor, a former Merchant Navy Officer and Co-Founder of Dineout brings a wealth of entrepreneurial experience and a passion for addressing real-world problems. His appointment marks an exciting milestone for AyushPay as it continues to expand its presence in the healthcare sector. Expressing enthusiasm about Kapoor’s full-time involvement, Nimith Agrawal, Founder & CEO at AyushPay, stated, “We are thrilled to have Vivek Kapoor join AyushPay as our Co-Founder. His entrepreneurial expertise and…

New Delhi: In Tuesday’s trading, shares of Elecon Engineering Company, a producer of industrial gears and material handling equipment, surged 18% after the company reported that its consolidated profit after tax increased by 72% year over year (YoY) to Rs 73 crore on a 26% YoY increase in consolidated revenue at Rs 414 crore. Prayasvin B. Patel, Chairman and Managing Director of Elecon Engineering, expressed optimism about maintaining the growth momentum in the future due to the company’s robust order book across all categories, continuous focus on expanding into export markets, and continued leadership in the home market. Following the…

New Delhi: An agreement for Tata Group to purchase a significant factory belonging to an Apple Inc. supplier is about to be finalized. According to a report, the deal might be completed as soon as August 2023. This initiative, if successful, would be a historic turning point because it would be the first time a local Indian business entered the iPhone assembly market. The Wistron factory in the Southern state of Karnataka is the object of Tata’s acquisition. The deal, which has a value of over $600 million, is the outcome of discussions that lasted for about a year, according…