They're still developing it. It's a good thing for consumers and businesses as now there is more clarity on what is expected .
That's not completely right. PhonePe was never going to lend on its balance sheet. It was to only act as a platform/distributor for the loans.
These new age companies are priced to perfection. Even minor blimps will have massive impact on shareholder confidence. Expect to see this across all startups going for IPOs at losses and muted revenue growth
After the recent RBI mandate to banks and NBFCs against unsecured personal loans, the lenders have pulled back their hands from digital lending. My company has already started facing the impact. Tomorrow onwards we won't be able to disbu...
Remember the time when we were surrounded by 5-6 startups making waves every day? They were the talk of the town, with incredible growth, innovative offerings, massive hirings, and funding galore. We couldn't stop discussing their latest...
50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. ...
HealthifyMe is the Startup. They are having other PR articles to cover this shit now
