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Finvasia achieves 5 million client base in 190 countries

AIMPWAMarch 13, 2025

Fintech firm Finvasia has crossed five million client base in over 190 countries and have transacted trillions of dollar worth in value through its 10-plus brands combined. Mumbai-headquartered Finvasia, a multinational organisation, owns and operates over a dozen brands across financial services, technology, real estate and healthcare verticals. Founded in 2009 by Sarvjeet and Tajinder...

CLSA expects fundamentals to drive IndusInd Bank

AIMPWAMarch 13, 2025

Global broking firm CLSA expects IndusInd Bank’s fundamentals to take over once the current concerns subside. The recovery in microfinance and respite for margins from better banking system liquidity, and rate cuts will support the bank, it said. “A non-fundamental positive could be the promoter getting RBI’s approval to increase its stake in the bank...

WazirX partners with BitGo Trust to rebuild user trust

AIMPWAMarch 13, 2025

WazirX, Indian cryptocurrency exchange, announced on Wednesday a partnership with BitGo Trust Company, Inc., a regulated digital asset custodian and infrastructure provider, to enhance the security of funds on the platform. The move seeks to restore user trust following the $230 million cyber attack WazirX faced in 2024. WazirX was working with Liminal as its...

Axis Bank executes aircraft financing transaction from Gift City unit

AIMPWAMarch 13, 2025

Private sector lender Axis Bank today said it is the first Indian bank to execute an aircraft financing transaction through its International Banking Unit (IBU) at Gujarat’s GIFT City IFSC, according to a statement. The deal was completed for AI Fleet Services Ltd (AIFS), the leasing arm and wholly owned subsidiary of Air India (a...

Star Health launches women’s health initiative ‘SheTARA‘ in Tamil Nadu

AIMPWAMarch 13, 2025

Star Health and Allied Insurance Ltd launched ‘SheTARA,’ a women’s health initiative providing free medical screenings across more than 40 locations in Tamil Nadu, coinciding with International Women’s Day on Friday. The shares of Star Health and Allied Insurance closed at ₹367, down by ₹1.95 or 0.53 per cent on the NSE today. The programme...

RBI approves re-appointment of Sumant Kathpalia as IndusInd Bank chief for 1 year

AIMPWAMarch 13, 2025

The Reserve Bank of India (RBI) has approved re-appointment of Sumant Kathpalia as MD, CEO of IndusInd Bank for a period of one year with effect from March 24, 2025, according to an exchange filing. However, the extension falls short of the bank board’s recommendation of a three year tenure for Kathpalia. This is the...

SBI launches collateral free digital SME loan for women entrepreneurs

AIMPWAMarch 13, 2025

State Bank of India (SBI) has launched a collateral free digital SME (small and medium enterprise) loan product ‘SBI Asmita’ for women entrepreneurs to help them expand their business. It also launched a ‘Nari Shakti’ platinum debit card to cater to the needs of women across various segments. India’s largest bank said a robust ecosystem...

IndusInd Bank Shares & Stock Price Today Live:Shares trade flat at ₹685 level, RBI examining banks’ derivatives books amid IndusInd fallout

AIMPWAMarch 13, 2025

Macquarie on IndusInd Bank Outperform, TP Rs1210 Another significant negative development Current issue raises questions on internal processes Create questions on the robustness of banks internal process and compliance Believe this could be one of the reasons of a sub-optimal CEO tenor extension Channel checks seem to suggest that such kind of losses are possible...

There is a lot of scope to further deepen and expand digital payments, says RBI Governor Malhotra

AIMPWAMarch 13, 2025

Though much progress has been made in the development, spread and adoption of digital payments, there is a lot of scope to further deepen and expand digital payments in the country, according to RBI Governor Sanjay Malhotra. “Digital payments have become the preferred mode of payment for many of us. However, surveys have shown that...

Coinbase registers with India’s Financial Intelligence Unit to launch crypto trading in the country

AIMPWAMarch 13, 2025

US-based Coinbase, an online platform for buying, selling, transferring and storing cryptocurrency, has registered with India’s Financial Intelligence Unit (FIU) to offer crypto trading services in India. The company plans to launch its initial retail services later this year, followed by additional investment and products in India thereafter. In a company blogpost, John O’Loghlen, Regional...

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Here are the 24 US AI startups that have raised $100M or more in 2025

AIMPWAJune 18, 2025

Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare?...

Midjourney launches its first AI video generation model, V1

AIMPWAJune 18, 2025

Midjourney, one of the most popular AI image generation startups, announced on Wednesday the launch of its much-anticipated AI video generation model, V1. V1 is an image-to-video model, in which users can upload an image — or take an image generated by one of Midjourney’s other models — and V1 will produce a set of...

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

AIMPWAJune 18, 2025

There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” — one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might...

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

AIMPWAJune 18, 2025

There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” – one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might...

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups

AIMPWAJune 18, 2025

In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accounts. But soon after ChatGPT was released, he realized that AI can change how professional service firms use technology. “I realized I was barking up the wrong tree by...

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Latest Posts

Finvasia achieves 5 million client base in 190 countries

CLSA expects fundamentals to drive IndusInd Bank

WazirX partners with BitGo Trust to rebuild user trust

Axis Bank executes aircraft financing transaction from Gift City unit

Star Health launches women’s health initiative ‘SheTARA‘ in Tamil Nadu

RBI approves re-appointment of Sumant Kathpalia as IndusInd Bank chief for 1 year

SBI launches collateral free digital SME loan for women entrepreneurs

IndusInd Bank Shares & Stock Price Today Live:Shares trade flat at ₹685 level, RBI examining banks’ derivatives books amid IndusInd fallout

There is a lot of scope to further deepen and expand digital payments, says RBI Governor Malhotra

Coinbase registers with India’s Financial Intelligence Unit to launch crypto trading in the country

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Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

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Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups

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Here are the 24 US AI startups that have raised $100M or more in 2025

Midjourney launches its first AI video generation model, V1

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-up