![Fintech funding falls 59% to $795 mn in H1, 2024](https://cdn.magzter.com/1574404609/1720218360/articles/eSF558NjtdtLEodTXNssys/FINTECH-FUNDING-FALLS-59-TO-795-MN-IN-H1-2024.jpg)
The sector garnered $896.7 million in H2, 2023, according to market intelligence platform Tracxn. In its semi-annual report, the firm said the funding in late-stage rounds stood at $551 million, a 63% decline from $1.5 billion the sector raised in H1, 2023.
Denne historien er fra July 06, 2024-utgaven av The New Indian Express.
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Denne historien er fra July 06, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
![India emerging as largest market for Meta AI usage](https://reseuro.magzter.com/100x125/articles/20308/1785470/DN1DGwukivfTupORuy3sys/INDIA-EMERGING-AS-LARGEST-MARKET-FOR-META-AI-USAGE.jpg)
India emerging as largest market for Meta AI usage
INDIA is becoming the largest market for Meta AI usage, according to Meta CFO Susan Li.
Sai Kishore, Ashwin face off in Qualifier 2
FRESH from a thrilling fourwicket victory over Chepauk Super Gillies, Dindigul Dragons possess an edge over iDream Tiruppur Tamizhans when the two sides lock horns in Qualifier 2 of the Tamil Nadu Premier League on Friday evening.
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WOMAN BOXER AT HEART OF GENDER ROW WINS BOUT IN 46S
IMANE Khelif of Algeria won her opening boxing bout on Thursday when opponent Angela Carini of Italy quit after just 46 seconds.
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SWAPNIL SCRIPTS EPIC SAGA
AFTER FINISHING FOURTH ON MULTIPLE OCCASIONS IN THE PAST, SHOOTER KUSALE RISES TO THE OCCASION TO WIN INDIA'S THIRD MEDAL AT THE PARIS GAMES ON THURSDAY
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For Nikhat, a loss & an emotional end
IT was a tale of two losses in Paris that will torment India for a while.
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Portrait of a struggle: Sindhu ousted in pre-quaterfinals
THE most poignant scene in all of sport is to see a player toiling to stay afloat.
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Zomato profit up 126 times at ₹253 cr; to launch app - ‘District'
FOOD aggregator Zomato on Thursday reported a consolidated net profit of ₹253 crore in the first quarter of the financial year 2024-25.
Good JLR sales lift Tata Motors net profit in 1st quarter
ON the back of robust Jaguar Land Rover (JLR) sales, homegrown auto major Tata Motors on Thursday reported a 74% jump in its June quarter (Q1FY25) consolidated profit at ₹5,566 crore as against ₹3,203 crore reported in the same quarter last year.
![Top 3 carmakers report decline in July sales](https://reseuro.magzter.com/100x125/articles/20308/1785470/iObqkXChmdgNPMBFpcEsys/TOP-3-CARMAKERS-REPORT-DECLINE-IN-JULY-SALES.jpg)
Top 3 carmakers report decline in July sales
Even as original equipment manufacturers and showrooms are offering hefty discounts to lure vehicle buyers
![AEL to transfer Wilmar stake to shareholders](https://reseuro.magzter.com/100x125/articles/20308/1785470/1BEvpua9r1NC4D3MydLsys/AEL-TO-TRANSFER-WILMAR-STAKE-TO-SHAREHOLDERS.jpg)
AEL to transfer Wilmar stake to shareholders
PAVING the way for a potential stake sale, Adani Group flagship company - Adani Enterprises (AEL) - will transfer its stake in Adani Wilmar (AWL) to its shareholders.