The government detected several violations of auditing standards by Deloitte while investigating fraud at IFIN.
In 2015, SAIF Partners wrote a sub-$1 million cheque to Swiggy. Today, it is India’s most valued food-tech firm.
Bansal has subscribed to non-convertible debentures (NCDs) issued by Piramal Enterprises, which has business interests in pharma and financial service
Indian startups received $4.8 billion in the first half of 2019, only a quarter of China.
The fund aims to invest exclusively in B2B tech startups, including SaaS, artificial intelligence, machine learning, and Internet of Things.
Amazon has so far invested in a number of Indian technology startups such as Acko, Capital Float, and Tone Tag.
DHFL said it was "undergoing substantial financial stress" and its ability to raise funds was "substantially impaired".
As part of the deal, RHDFC, the housing finance subsidiary of Religare Finvest, will also change hands.
Policy & Regulations
There is a need for strong laws to enable creation of financial products without compromising user trust.
Azani Sports is among the chosen eight for Sequoia India's Surge accelerator programme.
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