Shutdown

Shark Tank startup Plus Gold shuts shop

Shark Tank startup Plus Gold shuts shop

01 Aug 2025, 17:57 PM

The primary challenges that led to Plus Gold's closure included excessive operational expenses and the capital-intensive nature of the gold investment business.

Blume-backed EV financing startup Ohm Mobility shuts down

Blume-backed EV financing startup Ohm Mobility shuts down

25 Jul 2025, 15:53 PM

Announcing the development, Ohm Mobility founder said the company is winding down operations after it failed to scale and sustain the business.

What led Google-backed DotPe to shut down its lending unit

What led Google-backed DotPe to shut down its lending unit

23 May 2025, 03:35 AM

DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…

Fintech Highlights

  1. Avanse Financial Services raises $200 million in debt via ECB

  2. Motilal Oswal Mutual Fund hikes stake in Paytm

  3. Kiwi raising Series B funding led by Vertex

  4. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue

  5. Weaver to raise $170 million from Lightspeed, Premji Invest, Gaja Capital
  6. Read more news...

AI/Emerging Tech

  1. HDFC Bank invests in conversational AI company CoRover

  2. Nvidia developing new, more powerful AI chip than H20 for China

  3. OpenAI launches new subscription plan in India at Rs 399 per month

  4. OpenAI employees looking to sell shares worth $6 billion to Softbank, others

  5. xAI co-founder Igor Babuschkin steps down to launch own venture
  6. Read more news...

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