Regulatory scrutiny may queer the pitch for insurtech; and other top startup & tech stories this week
ETtech.com - 2024-04-06T01:36:00.000Z

Hi! This is Pratik Bhakta in Bengaluru. Today, I am breaking an important story on how the Insurance Regulatory and Development Authority of India (IRDAI) is increasing its scrutiny on fintech startups that are vying for an insurance manufacturing licence. 109078527Driving the news: Multiple people in the know have told me that the insurance regulator is not comfortable with the typical corporate structures of startups, and may not be in favour of granting them an insurance manufacturing...

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Hi, This is Pratik in Bengaluru. For the last three months, we have been reporting about how things unfolded at Paytm Payments Bank, and as of now it looks bleak for the beleaguered banking entity.The resignation of Paytm Payments Bank CEO Surinder Chawla on April 9 left the bank headless, and its affairs in a state of limbo. It wasn’t entirely unexpected, but his departure within a month of the bank stopping basic banking services did cause some surprise. 109260385While the regulatory...
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Employees despair as bell tolls for Paytm Payments Bank; and other top startup & tech stories this week

Top Stories: M4 Mac Roadmap Leaked, New iPads in Second Week of May, and More

Andreessen Horowitz raises $7.2 billion, a sign that tech startup market may be bouncing back