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.
OpenAI backed healthcare AI startup raises $70 million Series B funding – The Print Read More »
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.
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