According to MobiKwik’s IPO draft prospectus, the company had recorded an overall revenue of Rs 302.25 crore, for the year ending March 31, 2021. Mobikwik’s IPO was stalled amid a larger correction in fintech valuations.
"With NPCI planning to take UPI to overseas markets, this number is only expected to grow exponentially, as UPI will then become a home-grown alternative to SWIFT," said Jasmin B Gupta, CEO, LXME - India's first neobank for women.
Advent eyes $100m KreditBee round; TPG, Temasek, WestBridge & sovereign funds at play
Technology workers had a tough time on Tuesday navigating the Outer Ring Road (ORR) stretch that is home to about 500 tech companies after knee-deep rainwater choked movement. As a result, many companies declared work from home for their employees
Meta on its own identified 9.98 lakh "Dangerous Organizations and Individuals: Terrorism" related content and finally it took action against 99.8% of the posts were identified.
Seven months later, when the exchange finally discovered the error, some of the money had already gone, The Verge reported citing the Australian news outlet 7News as saying.
The Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai Motor Co and its affiliate Kia Corp from federal tax credits because they don't yet make EVs in North America, knocking their EV ambitions in the short term at least, a Hyundai official, parts suppliers, analysts and car dealers said.