Neobank Jupiter raises $45 million from Brazil's Nubank, others

Jitendra Gupta's Jupiter is among several Indian fintech startups—including Open, EpiFi, Razorpay and Niyo—that have entered into the nascent neobanking sector.

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Nutanix Hybrid Cloud revamps Olam International's IT infrastructure

Nutanix has deployed its cloud-computing platform to connect farmers and customers of Olam International and drive data-led decisions across the value chain.

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Kovai.co to scale up through investments and acquisitions

Kovai.co said it will continue its hiring trend and will invest in the local community while making investments in R&D, acquisitions, and business investments over the next few years for geographic expansion.

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ED threatens Flipkart, founders and Tiger Global with $1.35-billion fine

The Enforcement Directorate issued in early July a so-called showcause notice to Flipkart, its founders Sachin Bansal and Binny Bansal as well as current investor Tiger Global, for allegedly violating India's FDI rules for e-commerce.

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Google's stance on tax puts Big Tech in a spot

Going by the taxman's definition, any transaction - even between two entities that are not based in India - can be taxed here.

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Post-IPO, Nykaa founder Falguni Nayar will remain in the saddle

Nayar is expected to have strong control over the company compared to founders of other startups

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National Health Authority to help in CoWIN global rollout

The government has open-sourced the CoWIN platform and will provide certification to the companies for the rollout, RS Sharma, chief executive of the National Health Authority (NHA), told ET.

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