Mansi Verma
Journalist, Tech and Startups at Moneycontrol
Journalist @livemint | Prev @moneycontrolcom
Articles
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1 day ago |
livemint.com | Mansi Verma |Madhurima Nandy
Abhinandan Lodha's House of Abhinandan Lodha, which earlier focused on horizontal or plotted developments outside Mumbai, is now staking its claim with three initial projects, signalling a fresh battle for market share in India's financial capital, which is Macrotech's core market.
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1 day ago |
htsyndication.com | Mansi Verma |Madhurima Nandy
New Delhi, April 23 -- Days after an "amicable settlement" hinted at peace in the Lodha family, Abhinandan Lodha's House of Abhinandan Lodha (HoABL) is set to challenge his elder brother Abhishek's Macrotech Developers with a foray into Mumbai's coveted housing market. HoABL, which earlier mainly sold plots outside the Mumbai Metropolitan Region (MMR), is now staking its claim with three initial projects, signaling a fresh battle for market share in India's financial capital.
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3 days ago |
livemint.com | Mansi Verma |Devina Sengupta
Jio Platforms Ltd (JPL), an arm of Reliance Industries Ltd (RIL) that houses its telecom and digital businesses, is set to absorb edtech firm Indiavidual Learning Private Limited, or Embibe, in a move that has caused the retrenchment of nearly 300 employees over the past few months, people aware of the development told Mint. "Embibe will become a part of Jio and will continue as an edtech firm.
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5 days ago |
htsyndication.com | Mansi Verma
New Delhi, April 19 -- India's small-ticket digital lending space is facing more than just regulatory pressure-it's seeing an exodus of finance chiefs. Over the past four months, at least three chief financial officers (CFO) have exited fintechs operating in the industry.
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5 days ago |
livemint.com | Mansi Verma
The exits come even as several of these firms are still in recovery mode, navigating valuation markdowns, tighter scrutiny from the Reserve Bank of India (RBI), and a shift in investor sentiment away from high-growth, high-risk lending plays. “Regulatory tightening by the RBI has put added pressure on financial strategy and compliance. Second, the shift from growth to profitability has made the CFO’s role more demanding.
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RT @DevinaSengupta: 🚨 Jio gets edtech firms Embibe , confirms to @livemint that aim is to bring “education solutions”. @MansiVjourno & I ge…
🆕🗞️At least 3 CFOs have exited Indian fintechs operating in the small-ticket digital loans segment in just the past 4 months. 🚨Why lending startups are seeing a wave of CFO exits Go deeper @livemint @ranjanir_ @satishjohn https://t.co/rGYLeOpZi3
RT @livemint: Startup investors are turning to mergers and acquisitions (M&As) and offering their shares to new incoming investors as sever…