Fintech Startups

RBI proposes to allow fintech start-ups to test regulatory sandbox in retail payments, AI, data analytics

The target applicants for entry to the RS are fintech firms which meet the eligibility conditions prescribed for start-ups by the government

IIM-A's Financial Inclusion Lab picks 11 startups in 1st batch; will provide capital, market access and mentorship

The successful entrants will use technology-based strategies such as automation, underwriting and machine learning to help improve the financial health of the target population

Reliance Retail to be the biggest challenge to Amazon and Flipkart, says former Infosys CFO TV Mohandas Pai

In e-commerce, the biggest threat to Amazon and Flipkart will be Reliance Retail because Reliance Jio is there all over India, said TV Mohandas Pai

Investment bank Nomura sets up $92mn fund for fintech startups

Investment bank Nomura has decided to set up a $92 million fund to assist start-ups, a senior official said.

Taking the Indian BFSI industry to the cloud

Last year, when the Reserve Bank of India (RBI) raised concerns regarding the possibility of growing systemic risk for the entire financial markets due to high frequency trading (HFT), the opinion was based on insights received from data.