A group of Indian startup founders* have written to the Prime Minister, Finance Minister, and the Reserve Bank of India (RBI) urging them to reassess the regulatory action taken against Paytm Payments Bank The central bank on January 31 placed major restrictions on Paytm Payments Bank, which has created trouble for its associate company Paytm

Following Reserve Bank of India s (RBI) crackdown on Paytm Payments Bank, several Indian startup founders have written to the Prime Minister s Office (PMO), Finance Ministry as well as the central bank requesting a rollback of restrictions imposed on the fintech led by Vijay Shekhar Sharma, sources told CNBCTV18 on February 6.

On Paytm crisis, startup founders write to PM, RBI to review curbs: Report They argued that actions taken against Paytm Payments Bank might deter potential investors from entering the Indian market due to stringent regulatory requirements.

Elevate Your Tech Prowess with HighValue Skill Courses Offering College Course Website Indian School of Business ISB Professional Certificate in Product Management Visit MIT Technology Leadership and Innovation Visit IIM Kozhikode IIMK Advanced Data Science For Managers Visit Skilling and workforce development startup Upgrad on Tuesday said it has set aside Rs 100 crore to open 100 offline connect and counselling touchpoints and learning centres to boost online growth t

South Korean energy group SK Innovation , on Tuesday forecast slowing growth in global electric vehicle (EV) demand, joining an increasing number of automakers and suppliers expressing concern about the market for EVs. The owner of South Korea s biggest refiner SK Energy posted operating profit of 73 billion won (USD 54.75 million) for the fourth quarter ended December, compared with a 765 billion won loss a year earlier.

In the last 10 years technology growth in India has been spectacular. We have gone from being the Backoffice of the IT space to an innovation economy that spans the digital ecosystem. Whether you look at artificial intelligence (AI), semiconductors, or web3 Indian flag, startups and innovation are there if you look to the future, he said.

Artificial intelligence startup Ambience Healthcare said Tuesday it raised $70 million in a Series B funding round to give every healthcare worker AI superpowers. Ambience Healthcare s flagship product, AutoScribe, is a realtime AI medical scribe used to generate medical notes.

Artificial intelligence startup Ambience Healthcare said Tuesday it raised $70 million in a Series B funding round to give every healthcare worker AI superpowers. Ambience Healthcare s flagship product, AutoScribe, is a realtime AI medical scribe used to generate medical notes.

About a dozen startup founders have come in support of Paytm, urging Prime Minister Narendra Modi and the Reserve Bank of India (RBI) to reconsider the recent sanctions on the financial services company s arm.

In addition to his roles within the Tata Group, Shantanu Naidu ventured into entrepreneurship, founding the startup Goodfellows. The startup, aimed at assisting senior citizens, has reportedly garnered an estimated worth of Rs 5 crore. Ratan Tata, displaying his support for Naidu s initiatives, has also invested in this new venture.

The state budget presented by Finance Minister K N Balagopal on Monday has proposed a slew of growth-oriented measures that will further strengthen the state’s IT sector and startup ecosystem. Considerable funds have been earmarked for the IT industry, industrial parks, and the development of key IT infrastructure such as Technopark, Infopark, and Cyber Park.

Finance minister K N Balagopal underscored the achievements of the Startup Mission, noting its role in creating 50,000 job opportunities and attracting investments totalling Rs 5,500 crore through venture capital funding The Kerala government, under the leadership of Chief Minister Pinarayi Vijayan, has designated the startup ecosystem as a cornerstone of its development strategy, alongside tourism and IT sectors.

A group of Indian startup founders wrote to Prime Minister Narendra Modi, Finance minister Nirmala Sitharaman and the Reserve Bank of India on the recent sanctions against Paytm, urging them to engage in constructive dialogue with the Fintech ecosystem, money control reported.

The Indian Institute of Technology (IIT) Bhubaneswar will launch its transformative 100CUBE Startup initiative on February 11 at its research and entrepreneurship park, institute director Shreepad Karmalkar said here on Monday. This initiative aims to create 100 startups, each with a valuation of Rs 100 crore, by the 100th anniversary of Odisha s formation in 2036, Karmalkar said.

In the heart of India s pharma and healthcare landscape, a silent revolution is taking place one fuelled not only by groundbreaking medical advancements but also by a fundamental shift in how work is approached. The fusion of technology and flexible work models is shaping a new era in patient care, one where empowerment and innovation go hand in hand.

The letter, however, has garnered a lukewarm response from the wider Indian fintech and startup ecosystem. At least four founders Moneycontrol spoke to said they opted to stay away as they saw this as a Paytm specific issue and didn’t want to rub the regulator the wrong way.

How D2C Brands are Planning to Drive Sales This Festive Season The longest festive season in India, which begins from midSeptember and stretches till midNovember, is currently underway. The brands are seeing a steep rise in positive sentiments in product adoption as the latent need to get together and celebrate what was significantly subdued due to the pandemic.

River, a newage electric vehicle (EV) startup, has raised $40 million in a Series B funding round led by Yamaha Motor Co Ltd, Japan. This round also saw participation from existing investors such as the Al Futtaim Group, Lower carbon Capital, Toyota Ventures, and Maniv Mobility, the company said in a statement.

River, a newage electric vehicle (EV) startup, has raised $40 million in a Series B funding round led by Yamaha Motor Co Ltd, Japan. This round also saw participation from existing investors such as the Al Futtaim Group, Lower carbon Capital, Toyota Ventures, and Maniv Mobility, the company said in a statement.

River, a newage electric vehicle (EV) startup, has raised $40 million in a Series B funding round led by Yamaha Motor Co Ltd, Japan. This round also saw participation from existing investors such as the Al Futtaim Group, Lower carbon Capital, Toyota Ventures, and Maniv Mobility, the company said in a statement.

Yamaha Motor has announced its recent investment in River, an Indian startup manufacturing electric scooters. River has emerged as a significant player in India s electric scooter market, establishing itself with quality and stylish offerings through its subsidiary, River Mobility Private Limited in Bengaluru.