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The Reserve Bank of India has issued steps for cooperative banks to improve credit flow to the housing sector.

The RBI has announced that the cooperative banks will be able to lend more for individual home loans. This will ensure better credit flow in the resid

The RBI has announced that the cooperative banks will be able to lend more for individual home loans. This will ensure better credit flow in the residential housing sector. The governor said that the move comes in the wake of rising residential housing prices. Rural cooperative banks can also extend financing to commercial real estateresidential housing projects. Read More..

B2B Tech News | 3 years ago

Bain Capital has raised $2 billion for a special situations fund in Asia.

Bain Capital has raised a $2 billion for its second AsiaPacific special situations fund. The Bostonbased private equity firm is likely to deploy betwe

Bain Capital has raised a $2 billion for its second AsiaPacific special situations fund. The Bostonbased private equity firm is likely to deploy between $300400 million in India. Bain Capital has invested close to $4 billion in India across 12 private equity transactions and the largest was its $1 billion bet in Axis Bank NSE. India is an integral part of Bain Capitals Asia strategy and is expect to allocate a healthy portion of our special situations funds to India. Read More..

B2B Tech News | 3 years ago

India is the first country in the world to have a Puma shopping app.

German attire complete Puma has launched its looking app in India, the primary market globally wherever itll sell merchandise through its own app. Wit

German attire complete Puma has launched its looking app in India, the primary market globally wherever itll sell merchandise through its own app. With the launch of the Puma app, well supply our shoppers a quicker, seamless and convenient digital looking expertise, said Abhishek Ganguly, decision maker, Puma, India. Read More..

B2B Tech News | 3 years ago

Pintu, an Indonesian crypto trading platform, may have tried to raise $113 million.

Indonesias Pintu has obtained $113 million in a Series B round from investors. Londonbased venture capital company Hedosophia contributed $45 million

Indonesias Pintu has obtained $113 million in a Series B round from investors. Londonbased venture capital company Hedosophia contributed $45 million in this round. Intudo Ventures, Lightspeed, Northstar Group and Pantera Capital also invested. Pintu has raised a total of $154 million in funding. Soetoyo added that the company will use the funding to roll out new features and products. There were 12.4 million crypto investors in Indonesia as of February 2022, according to Bappebti. Read More..

B2B Tech News | 3 years ago

Aco Tech struck a deal with All Technology to increase its Atlas user experience.

Aco Tech has introduced a brand new strategic partnership with UOB Malaysia, Fass Payment Solutions Sdn Bhd Fasspay, a certified white label epockets

Aco Tech has introduced a brand new strategic partnership with UOB Malaysia, Fass Payment Solutions Sdn Bhd Fasspay, a certified white label epockets company and virtual electricity organization, Five Petroleum Malaysia Five. Aco Tech has signed a partnership settlement with FIVE petrol stations in Malaysia. The organization is dedicated to form a brand new automobile environment of linked software program and hardware. Aco Tech additionally signed a Memorandum of Understanding to increase its partnership with Huawei Technologies Malaysia Sdn Bhd. Read More..

B2B Tech News | 3 years ago

Payfast, a company based in South Africa, has launched a new initiative to help aspiring business owners improve their skills.

South African online payment App PayFast has launched a 12week development programme with serious Chefs entrepreneur education nonprofit. The new init

South African online payment App PayFast has launched a 12week development programme with serious Chefs entrepreneur education nonprofit. The new initiative is intended to empower aspiring business owners with the talents required to line up their own ecommerce stores. quite forty second of rising South African entrepreneurs dont knowledge to run a web search. Topics to be lined embrace selecting an ecommerce platform, creating transactions, delivering product, managing customers, and more. Participants also will have access to helpful resources, together with money vouchers, equipment, knowledge and coworking areas. The programme aims to deliver learning during a hyper discourse and personal means, during a bid to assist startups achieve South Africa. Participants also will have access to helpful resources, together with money vouchers, equipment, knowledge and coworking areas. The programme aims to deliver learning during a hyper discourse and personal means, during a bid to assist s Read More..

B2B Tech News | 3 years ago

Woolworths explores electric delivery vehicles

Woolworths, a South African retail company, says it will be rolling out electric delivery vehicles in partnership with DSV and Electric. This comes af

Woolworths, a South African retail company, says it will be rolling out electric delivery vehicles in partnership with DSV and Electric. This comes after a 10month trial which saw the potential to save 700,000 kgs of tailpipe carbon emissions. Woolworths is the first retailer in South Africa to invest in electric vehicle charging stations. The retail company said that the electricity will be sourced from renewable sources. Woolworths has invested over R1 billion in its digital capabilities in the last three years. The company will work with an audit firm to procure Renewable Energy Certificates RECs to offset any indirect grid emissions. Read More..

B2B Tech News | 3 years ago

Former MTN CEO raises enough funds for new fintech startup

Paul Edwards, a former MTN cluster CEO has raised seriesA funding round for his new fintech startup. VantagePay was established in 2018 to supply paym

Paul Edwards, a former MTN cluster CEO has raised seriesA funding round for his new fintech startup. VantagePay was established in 2018 to supply payment and technology services across Africa. Crossfin Holdings bought a meaning stake within the company for associate degree covert quantity. VantagePay, a subsidiary of Crossfin, is ready to expand apace across the African continent. Crossfins shareholders embody the attribute MidMarket Fund and Patrice Motsepes African Rainbow Capital. the corporate has developed a number one cloudbased payments platform to handle the huge latent demand for access to sure monetary services. Read More..

B2B Tech News | 3 years ago

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