The headcount of unicorn startups in India declined by 6,700 employees between August 2023 and August 2024, according to a study by PrivateCircle Research. Despite this decrease, Indian unicorns remain …
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RBI Imposes ₹27 Lakh Fine on IndusInd Bank for Non-Compliance
by Arti SinghThe Reserve Bank of India (RBI) has imposed a monetary penalty of ₹27.30 lakh on IndusInd Bank for non-compliance with certain provisions under the Reserve Bank of India (Interest Rate …
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Pepperfry Welcomes New CFO to Lead Financial Growth: Madhusudan Bihani Steps Up
by Arti SinghPepperfry, India’s leading e-commerce platform for furniture and home décor, has appointed Madhusudan Bihani as its new Chief Financial Officer (CFO). With over two decades of experience in finance, compliance, …
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Over 5,000 Startups from the Startup India Program Close Operations: Government Report
by Arti SinghIndia’s startup ecosystem, recognized globally for its innovation and contribution to employment, faces a challenging reality. Over 5,000 startups registered under the Startup India program have closed operations as of …
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