Startup Mantra: Providing fintech cover to digital first businesses – Hindustan Times

An IIT Bombay and IIM Ahmedabad alumnus, Abhiroop has worked as a VC (venture capitalist) with Elevation Capital (formerly SAIF partners), leading investments in fintech and financial services sectors for the fund. He has also worked as a management consultant at McKinsey for five years before cofounding Taskbob (a consumer internet startup) and scaled it to market leadership in Mumbai.

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Indian startups raised $732 Mn in January amid layoffs, shutdowns and top level exits – Entrackr

The first month of the year saw the Indian startups continuing to grapple with the so-called funding winter with a steep decline in monthonmonth funding inflow. Now well over a year old, January saw mass layoffs, a couple of companies shutting down, and a bunch of top-level exits kept the ecosystem on edge. In all this, Bhavish Aggarwalled AI startup Krutrim stood out by becoming a unicorn in a record time.

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India’s startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis – The Print

Now, India s startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm s valuation after India s central bank ordered his banking arm to stop most of it operations from March 1 for persistent noncompliance and supervisory concerns

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India’s startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis – The Economic Times

Now, India s startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm s valuation after India s central bank ordered his banking arm to stop most of it operations from March 1 for persistent noncompliance and supervisory concerns

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Govt teams up with Google, Meta, and IBM for investment, innovation push – Communications Today

Government bodies have signed memoranda of understanding with Google, Facebook owner Meta and IBM to foster innovation and investment in the country, Parliament was informed on Friday. Minister of State for Electronics and IT Rajeev Chandrasekhar in a written reply to Rajya Sabha said that the government recognizes the potential of emerging technologies and is actively working with the private sector to foster innovation and promote their utilization.

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Fuelling India s Tech Boom With Rs 1 Trillion Innovation Fund – Business World

With India s exceptional web3 tech capacity and ability to build world class web3 products, this innovation fund stands to benefit the ecosystem and India as a web3 powerhouse, adding 1.1 trillion dollars to the economy Union Finance Minister Nirmala Sitharaman earmarking Rs 1 trillion innovation corpus in the Budget 2024 is certainly a very significant move to empower the tech community.

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