Why VCs are hitting reset on Indian fintech
After nearly a decade of unparalleled growth, the country’s fintech businesses are finding it hard to justify their hefty valuations and build profitable businesses.
21 January, 2024•13 min
0
21 January, 2024•13 min
0
More in Internet
Internet
India’s study-abroad industry gets a crushing reality check
In the last two years, foreign education plans have been dealt a body blow by changes in regulation, a rise in fraudulent activities and misaligned incentives for brokers, students and foreign universities. Indian students are among the worst hit.
You may also like
Business
New complications for sovereign funds in the US
The American government proposed threatening tax tweaks, a local fintech raised a quarter of a billion dollars in seed money and open finance made a start.
Internet
Why SoftBank has shunned India
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.
Business
Why IndusInd Bank promoter Ashok Hinduja was never really in the dark
As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.
