GrowFix launched its first asset in December 2020–a pool of gold-backed loans where retail investors could invest in and get an 11 % fixed interest rate.

In the second half of last year, India banned over 250 Chinese apps including TikTok, Vigo, Likee, and PubG citing cybersecurity concerns.

Picus will invest up to USD 75 million in Asia’s early-stage tech startups.

This comes barely a month after the ten-year-old firm announced closing a USD 660 million round at USD 3.9 billion valuation.

WhatsApp’s updated privacy policy revealed it had been sharing user data with Facebook all along.

From the new fund, the VC firm plans to invest in 15-20 consumer brands.

Fashinza is expanding the network of manufacturers globally and is working with leading brands across 10 countries.

Things are going to shake up for Amazon India and Flipkart both, as India is working on yet another round of changes in FDI norms for the e-commerce sector.