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Canadian fund invests $20 mn in Nilekani promoted firm

Canadian fund invests $20 mn in Nilekani promoted firm

Bengaluru : Canadian institutional fund CDPQ on Thursday said it had invested $20 million in Indian venture Fundamentum, promoted by Infosys co-founder Nandan Nilekani and Helion founder Sanjeev Agarwal. “La Caisse de depot et placement du Qurbec (CDPQ) joins Fundamentum ...

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Centre forms panel to look at development of Fintech

Centre forms panel to look at development of Fintech

New Delhi : The Centre on Monday constituted a committee headed by the Economic Affairs Secretary to consider ways for further development of the financial technology (Fintech) sector in India, according to an official announcement. Among other things, the Steering ...

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Turkey to support entrepreneurs in clean technology

Turkey to support entrepreneurs in clean technology

By Mehtap Yilmaz, Ankara: The Scientific and Technological Research Council of Turkey (TUBITAK) and Global Environment Fund (GEF) will support entrepreneurs who work on innovation in clean technology, the council’s head has said. TUBITAK President Prof. Ahmet Arif Ergin told ...

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India adds 1,000 tech start-ups in 2017: Nasscom

India adds 1,000 tech start-ups in 2017: Nasscom

Bengaluru : India added about 1,000 technology start-ups in 2017, retaining its position as the third largest hub for entrepreneurship, IT apex body Nasscom said on Thursday. “About 1,000 tech start-ups were registered this year (2017), taking their total to ...

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PayPal to acquire online lender Swift Financial

PayPal to acquire online lender Swift Financial

San Francisco : PayPal, one of the world’s largest Internet payment companies, said on Thursday it would acquire Swift Financial, an online lender for small businesses in the US. Headquartered in San Jose, Northern California, PayPal said the move is ...

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