Bandhan Bank Promoter to Gradually Cut Stake to Meet RBI’s 26% Norm by 2030
Bandhan Financial Services, the promoter of Bandhan Bank, plans to reduce its stake in the lender gradually to comply with Reserve Bank of India regulations, instead of making a large stake sale in a single transaction. Under the bank’s licensing agreement with the RBI, the promoter is required to bring its shareholding in Bandhan Bank […]
‘Viksit Bharat’ Needs Stronger States, More Private Investment: CEA
India’s journey towards becoming a developed economy by 2047 will require stronger state-level growth, greater private investment and sustained public spending, Chief Economic Adviser V Anantha Nageswaran said. Speaking at a two-day conference on financing India’s development journey, Nageswaran highlighted the important role states will play in supporting the country’s long-term economic ambitions. “Viksit Bharat […]
Samara Capital Acquires Stakes in ARC and Calyx to Build Integrated Logistics Platform
Private equity firm Samara Capital has acquired stakes in Associated Road Carriers (ARC) and Calyx Container Terminals, bringing the two businesses together to build an integrated logistics platform. According to a Mint report, Samara has invested around ₹1,200 crore, with the promoters and the private equity firm holding nearly equal stakes in the new entity. […]
Kshipra Dharmik joins Kotak Private as Director, Client Relations
Kshipra Dharmik has joined Kotak Private as Director, Client Relations, after a multi-year stint at Avendus. Dharmik announced her new role on LinkedIn, where she described her time at Avendus as a rewarding professional chapter. She credited the firm with contributing to her growth and helping shape her approach through the relationships and challenges she […]
Aurus Inc. Appoints Rishabh Jain as SVP & Head of Business, Strategy & Growth for India and Emerging Markets
New Delhi/Mumbai: Global fintech company Aurus Inc., which specializes in payment orchestration solutions, has appointed Rishabh Jain as Senior Vice President & Head of Business, Strategy & Growth for India and Emerging Markets, effective immediately. The leadership appointment comes as Aurus looks to expand its merchant payment orchestration capabilities and strengthen its presence across India […]
Adobe Becomes First Brand Partner on FamApp’s Fam Insider, Offers Free Premium Access to 20 Mn+ Users
Bengaluru, September 18, 2026: Adobe Express has partnered with FamApp as the first brand on its newly launched Fam Insider program, which aims to bring curated offers, experiences, and benefits from leading brands to young consumers. As part of the partnership, eligible FamApp users aged 13 years and above will receive free access to the […]
Flam Raises $40 Million Series B Led by QED Investors to Scale AI Interactive Content
Bengaluru-based AI interactive content company Flam has raised $40 million in its Series B funding round led by QED Investors. The round also saw participation from Claypond Capital, Martin Chavez, Olivier Pomel, Venky Harinarayan and Shah Rukh Khan, along with existing investors RTP Global and Dovetail. Flam will use the fresh capital to expand research and development […]
Innovation Hub-AKTU Launches State-Wide Digital Startup Ecosystem Platform at UP Startup Samvad 3.0
The Innovation Hub at Dr. A.P.J. Abdul Kalam Technical University (AKTU) has launched a state-wide digital platform aimed at connecting startups, incubators, mentors, investors and other innovation stakeholders across Uttar Pradesh. Developed by Noida-based SanchiConnect, the platform, ecosystem.ihub.up, was unveiled at the third edition of UP Startup Samvad. The platform currently has 35 incubators onboarded […]
Jupitice AI-Powered ODR Platform Crosses 1.16 Lakh Resolved Disputes, 80,000+ Hearings
Jupitice Justice Technologies, a justice technology company focused on digital infrastructure for justice, legal and governance processes, has announced that its AI-powered Online Dispute Resolution (ODR) platform has crossed 1.16 lakh resolved disputes and more than 80,000 hearings. The platform currently operates with a network of 3,000+ arbitrators and conciliators and is used by organisations […]
Abhinav Trivedi Appointed MD & CEO of Standard Chartered Capital
Abhinav Trivedi has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Standard Chartered Capital Limited, effective September 2026. Trivedi brings more than 13 years of experience with Standard Chartered Bank across financial markets, retail foreign exchange, business strategy and financial services. Prior to his new appointment, he served as Executive […]
