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Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨 In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa

Top News of the Week: 1. Funding: - On a weekly basis, startup funding jumped 234.27% to $449.33 million as compared to around $134.42 million raised during the previous week. - 39 Indian startups raised around $449.33 million in funding. These de

Top News of the Week: 1. Funding: - During the week, 21 Indian startups raised around $144.46 million in funding. These deals count 5 growth-stage deals and 13 early-stage deals while 3 early-stage startups kept their transaction details undisclose

Meet the man from a village in Uttarakhand who built a 5000 CR bank. 1. Born in a village 40 km away from Jim Corbett National Park in Uttarakhand, Govind Singh had a tough childhood. He travelled 7 km to the nearest school daily and taught students

Meet the man who created an 8500 CR bank for women. 1. Born in the coal city of Dhanbad in Jharkhand, Samit Ghosh was hugely inspired by his father, a World War II doctor who set up government hospitals in the city's poor coal mining areas. But lost

Meet the man who donated 6120 CR worth of his shares to employees. 1. Born in a middle-class Brahmin family in Chennai, R Thyagarajan wanted to be financially independent. As he was looking for money, he saw an advertisement. 🤔 2. In 1961, New Ind

Top News of the Day: 1. Meme-based dating platform Schmooze has raised $4 million in a Series A funding round led by Elevation Capital. 2. Indian electric scooter manufacturer, Ola Electric, has been facing mounting complaints from customers, recei

Top News of the Day: 1. Wedding services startup Meragi mops up $9.1 million in round led by Accel 2. Apple has used chips designed by Google instead of Nvidia for its new artificial intelligence (AI) software infrastructure, according to a researc

Meet the man who built India's third-largest bank worth 45,000 CR. 1. Born into a 60-member Gujarati joint family, Uday Kotak used to stay in a single house with his family, who shared one kitchen. He worked hard and studied master's at the Universi

Top News of the Week: 1. Fundings: - Indian startups raised a total of $316.4 million in funding across 23 deals in the first week of May, a significant increase from the previous week's $172.6 million raised across 21 deals. - Digital pharmacy Ph