Author: Priyanka Chauhan

GrammarlyGo is a mobile app that is available for both iOS and Android devices.

The group aimed to guide and support women on their entrepreneurial journey.

New Delhi: Binny Bansal, the co-founder of Flipkart, one of India’s largest e-commerce companies, is reportedly planning to invest $100-150 million in PhonePe, the digital payments platform he founded in 2015. PhonePe was acquired by Flipkart in 2016 and has since grown rapidly to become one of India’s leading digital payment platforms, with over 300 million registered users. The platform offers a wide range of payment services, including peer-to-peer transfers, bill payments, and online shopping. According to reports, Binny Bansal is looking to invest in PhonePe through his new venture, xto10x Technologies, which provides technology and consulting services to startups.…

New Delhi: The Finance Ministry’s recent move to bring cryptocurrencies under the purview of the Prevention of Money Laundering Act (PMLA) has received support from various industry players. The move is seen as a significant step towards regulating the cryptocurrency market in India. The PMLA law aims to prevent money laundering and other financial crimes. It requires financial institutions to maintain records of their customers’ transactions and report any suspicious activity to the authorities. By bringing cryptocurrencies under the PMLA, the government hopes to curb illegal activities like money laundering and terrorism financing. The move has been welcomed by the industry,…

Bengaluru: Of the 16 lakh Kuvera investors, 26% were women. This is a significant improvement over 19% in March ’22, indicating various financial literacy activities undertaken by industry participants are showing results. “We have seen a marginal improvement from last year (~19% in 2022). While this demonstrates a growing awareness of financial planning among women, we have a long way to go to achieve investing equality,” said Gaurav Rastogi, Founder and chief executive officer of Kuvera. Kuvera analysed its investor data to understand the investing behaviour of Indian women. Retirement, buying a home and educating a child were the top financial…

New Delhi: Indian edtech giant Byju has announced plans to raise $250 million through convertible notes to fund its acquisition of coaching institute Aakash Educational Services. The funding round will be led by existing investors General Atlantic, Owl Ventures, and Tiger Global, among others. Aakash, which has a presence in more than 200 cities in India, provides coaching for medical and engineering entrance exams. Byju’s, which has more than 100 million registered students globally, has been expanding its presence in the test preparation market through acquisitions like Aakash. The acquisition of Aakash is expected to help Byju’s increase its market…

Aaliya Amrin, Co-Founder & Lead Strategist, BTG Aaliya is the Co-Founder of By The Gram, a content studio based in Mumbai servicing clients globally. Her co-founders are Eman & Danisha, fellow female creatives based in Mumbai as well. Prior to venturing out in the startup world, she had plenty of experience in media and entertainment. From her time in LA to her present in Mumbai, Aaliya doubles up as a creative producer & host for short-form video content. Her first stint in Mumbai was for GQ India. She snagged a position as the Creative Producer for their editorial films, producing…

New Delhi: Growfin, a fintech company that provides accounts receivable automation solutions for B2B enterprises, has announced that it has raised $7.5 million in a Series A funding round. The round was led by Sequoia India, with participation from existing investors, including Ankur Capital, Venture Catalysts, and Better Capital. Accounts receivable is a critical part of any business, as it represents the money owed to a company by its customers for goods or services provided. However, managing accounts receivable can be time-consuming and challenging, particularly for B2B enterprises that have a large volume of transactions. Growfin offers an automated solution…

New Delhi: Fractal AI, a global provider of AI and analytics solutions, has been making waves in the industry lately. Focusing on delivering data-driven insights and business solutions, Fractal AI has quickly become a go-to partner for companies across various sectors. In a recent interview with CEO Srikanth Velamakanni, he shared his vision for the company and its path to becoming a $15-billion company. Velamakanni co-founded Fractal AI in 2000, intending to leverage technology to help companies make better business decisions. Today, the company has over 2,500 employees, with offices in India, the United States, and the United Kingdom. Fractal…

Mumbai: Sudarshan Pharma Industries limited (“The Company”), one of the prominent players in the Pharma Industry, has filed its Red Herring Prospectus (“RHP”) with Stock Exchange BSE Limited. The company is engaged in trading and manufacturing of Specialty Chemicals, Intermediates & Active Pharmaceuticals Ingredients, outsource manufacturing facility, deal in Import and Exports, indenting and Supply in Specialty chemicals, API & its intermediate. The Company has received permission to manufacture Vitamin B6 by the Government of India under the PLI Scheme, which makes Sudarshan one of the few companies in India to manufacture API Vitamin B6. Moreover, the company manufactures their…