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News and Trends

40 of the 61 Unicorns Founded by Indians are Based Overseas

Hurun Global Unicorn Index 2020 shows USA has emerged as the most preferred country of choice for Indian origin founders, as 36 out of the 40 unicorns founded outside of India are in the USA

News and Trends

RBI Keeps Interest Rates Unchanged, Proposes More Measures to Fight Covid-19

The central bank has slashed interest rates by 115 basis points (bps) since the beginning of this year, bringing it to the lowest level since 2000. Repo rate was last cut in an off-cycle policy review in May

News and Trends

Intuit to Acquire Singapore-based SaaS startup TradeGecko

Though the financial details were not disclosed by the company directly, news reports suggest that the deal will be closed for about USD 80 million

News and Trends

Wipro Selected as Strategic Partner by UK-based Metro Bank to Drive IT Transformation

The partnership will leverage Wipro's digital and quality engineering capabilities to transform testing and environment management services for the bank

Technology

Digit is Busting Complexity in Insurance With Technology

Through Digit Insurance, Kamesh Goyal wants to simplify the insurance customer's journey, right from picking products, to policy issuance to claim processes

News and Trends

National Education Policy 2020 Aims to Replace Rote-Learning With Skill Development

The National Education Policy (NEP), passed by the Union Cabinet on Wednesday, has proposed several changes in the country's education system, from the school to college level