Tag: India
SEBI looks to ease regulatory compliance burden with debt securities merger
The Securities and Exchange Board of India (SEBI) has merged its rules for debt securities into a single regulation to ease the regulatory compliance burden on organisations.
RBI publishes consultation on overseas investment liberalisation
The Reserve Bank of India (RBI) has introduced two consultation papers with an aim of liberalising the county’s overseas investment regulatory stance.
Gift City, India InsurTech link to boost FinTech in insurance sector
Indian international financial services centre Gift City and the India InsurTech Association (IIA) have partnered to strengthen FinTech use in the InsurTech market.
Employee InsurTech Onsurity bags $16m in Series A raise
Indian employee benefits platform Onsurity has raised $16m from a Series A funding round led by Quona Capital and Nexus Venture Partners.
India’s Enforcement Directorate warns Flipkart of potential $1.3bn fine
India’s Enforcement Directorate has reportedly warned e-commerce giant Flipkart it could be faced with a $1.35bn fine for foreign investment law violations.
India unveils new digital currency, Nigeria eyes e-currency launch in October...
India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.
Fime bags certification to support growth of open banking in India
French FinTech Fime has revealed it has been empanelled as an official certifier to support the growth of India’s open banking ecosystem.
Lending platform Credit Fair said to raise $15m in seed funding
India-based lending platform Credit Fair has reportedly closed its seed round on $15m.
Global cyber study finds US remains dominant power, China continues ascent
A study by the International Institute for Strategic Studies (IISS) has found the US continues to lead the way as the number one cyber power worldwide.
BimaPe said to close $545,000 in pre-seed funding
India-based InsurTech company BimaPe has reportedly netted $545,000 in its pre-seed funding round.