india
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India should ban ‘Ponzi’ private cryptos or risk wrecking the country’s financial system, a top RBI central banker has warned
- February 16, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
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Mumbai, India.
Karen Dias/For The Washington Post via Getty Images
The best option for India is to ban private cryptocurrencies, one of the country’s top central bankers said Monday.
Private crypto is worse than Ponzi schemes and pose a threat to financial stability, Rabi Sankar said.
India has taken a tough stance on crypto as it develops its “digital rupee” CBDC, expected by March next year.… -
Deep dive into the world of Fintech: Amitabh Kant and Nandan Nilekani talk about Financial Inclusion and what the future holds
- February 13, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Financial Ecosystems driving inclusion in India
Talking about Indian fintech, Amitabh and Nandan agreed that the first phase of the fintech revolution started with Aadhar and UPI. These were the building blocks of a tech infrastructure that helped us move away from the traditional way of doing business and take a big leap towards financial inclusion. Aadhar created a digital footprint for 1.3 billion people which made the world’s largest Direct Benefits Transfer (DBT) program possible during the pandemic – the government could directly transfer social aid to Aadhaar linked accounts, skipping any middlemen and resulting malpractices.…
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India already has 8 new unicorns in 2022
- February 11, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Good Morning,
It is just over 40 days into 2022 and the Indian startup ecosystem has already added eight new startups to the coveted unicorn club.
India’s newest unicorns include Fractal (advanced analytics), LEAD (edtech), Darwinbox (HRtech), DealShare (social commerce), Polygon (blockchain), Livspace (home interior and renovation), ElasticRun (B2B ecommerce), and the latest Xpressbees (logistics).
And, there is more to come.…
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Startup news and updates: daily roundup (Feb 8, 2022)
- February 9, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Upside AI partners with Smallcase to expand reach of tech-led investment products
Upside AI, one of India’s first funds that combine machine learning (ML) and fundamentals-based investing, partnered with Smallcase. The association will enable Upside AI to offer research services to a large set of investors across India.
At present, Upside AI serves high net-worth individuals and family offices with minimum ticket sizes over Rs 50 lakh, while the products under this association are tailored to meet the evolving needs of retail investors with a much lower threshold (Rs 1-5 lakh). …
