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Business News

Jeff Bezos Confirms That Amazon Will Invest $1 Billion in India

Jeff Bezos' visit to India on the backdrop of an on-going case against few e-commerce companies, including Amazon, maybe a…

Amazon May Witness a Ban on Political Funding if a New Legislation is Passed

As the debate on the interference of corporates in American local elections intensifies, Seattle is likely to put a blanket…

PayU Purchases PaySense for $185 million Equity Valuation

In a recent statement, Bengaluru based payment gateway PayU announced that it has completed the acquiring process of PaySense. PaySense…

Lightnet Locks $31.2 Million Funding From UOB & Others

A Thai Fintech company, Lightnet, has recently announced that it has fetched a 31.2 million USD funding from a gamut…

Icelolly Fetches a £2 Million Funding From Silicon Valley Bank

Silicon Valley Bank has recently announced that it would fund £2 million to Icelolly, UK's one of the most significant…

Tranglo Joins Hands With Alipay to Provide Cross-border Remittance Services

Malaysia-based fintech firm Tranglo has teamed up with Chinese e-commerce firm Alibaba’s online payments arm Alipay to provide cross-border remittance…

Investment Bank TH Capital Looking to Grow Business in India

Investment bank TH Capital has assigned five analysts to the task of studying market trends in India, to do business…

US-based Payment Solution Provider Nayax Raises $60 Million

Fintech firm Nayax has raised $60 million in its latest investment round, bringing its valuation to $400 million. Since its…

Goldman Sachs Leads RattanIndia Power Debt Deal Worth $922m

A consortium spearheaded by Goldman Sachs Group Inc., along with the Varde Partners LP, is anticipated to buy debt worth…

Flipkart to Sell Products Made by 44 Lakh Women Working Under DAY-NULM

The Union government has signed an MoU with e-commerce firm Flipkart to sell products manufactured by women self-help groups under…