Few startups corner bulk of funding; RBI rule disrupts auto pay

India's startup ecosystem is in the midst of an unprecedented funding boom, but the top two or three companies in each sector have cornered the lion's share of investments this year.

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Clubhouse is working on localisation of its Indian app

The move comes at a time when the audio-based live social networking space is heating up with increased competition.

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Big get bigger as select startups gain most amid funding boom

Data sourced by ET from industry tracker Venture Intelligence showed that almost 50% of the $24.5 billion in total funds raised by Indian startups between January and September has been ploughed into 73 companies in follow-on rounds.

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New norms put auto debits in no man's land

Confusion over re-enabling automatic payments leads merchants to seek options, curtail services

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Dhani Services to raise Rs 1,200 crore from General Catalysts, others

General Catalysts will invest Rs 375 crore in the fintech enterprise of Indiabulls founder Sameer Gehlaut, who also pitched in an equal amount. Ribbit Capital has also come on board, as have Think Investments and First Royalty Ventures.

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Facebook to pay up to $14.25 million to settle US employment discrimination claims

Facebook will pay a civil penalty under the settlement of $4.75 million, plus up to $9.5 million to eligible victims of what the government called discriminatory hiring practices.

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Money Heist Season 5 Watched by 69 Million, Best Run in Netflix Series’ History

Money Heist season 5 has delivered the Spanish hit series’ best run yet, with 69 million Netflix households watching it in the first four weeks after its release. Maid is on track for 67 million, that will help it beat The Queen’s Gambit. Squid Game is now up to 142 million. Netflix won’t reveal viewership figures in this manner going forward. It will switch to ...

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