Fintech SaaS platform Clear, backed by Peak XV Partners, achieved a significant milestone in the financial year ending March 31, 2023, with its consolidated operating revenue soaring by over 85%…
The Small Industries Development Bank of India (SIDBI) has entered into a memorandum of understanding (MoU) with the Technology Development Board (TDB) under the Department of Science and Technology. The…
The finance ministry aims to introduce pre-filled Goods and Services Tax (GST) return forms before the upcoming fiscal year to address the challenge of significant data mismatches resulting in tax…
Anicut Capital, through its third private credit fund Grand Anicut Fund (GAF) 4, has invested Rs 133 crore in IT services firm TAO Digital Solutions. The funds will be utilized…
According to recent data from the Reserve Bank of India (RBI), the share of credit extended to Micro, Small, and Medium Enterprises (MSMEs) in banks' non-food credit reached 15% in…
In response to the GST Council's 52nd meeting, recommending amnesty for taxpayers unable to file appeals under section 107 of the CGST Act, the government issued Notification No. 53/2023 on…
Godrej Capital, the non-banking finance company (NBFC) arm of the Godrej Group, has forged strategic partnerships with Amazon, Visa, and DBS Bank India for its digital platform Nirmaan. The platform,…
Convenience store network Frendy, headquartered in Ahmedabad, has successfully raised INR 16 crores in a funding round led by Auxano Capital and AT Capital Singapore, among others. The startup, operational…
Bringing a co-founder on board is a pivotal decision for any startup, symbolizing shared responsibility and ownership among founding members. To navigate this crucial step effectively, several key considerations must…
In response to investigations by the Directorate General of GST Intelligence (DGGI) into co-lending practices between Non-Banking Financial Companies (NBFCs) and banks, the Finance Industry Development Council (FIDC) has reached…