India Business News: MUMBAI: With a new coalition govt at the centre set to swear in, the startup industry is seeking enhanced regulatory clarity, help to expedite the pro.
Pine Labs has secured clearance from a Singapore court to merge its domestic and Singapore entities, regulatory filings show. This is a step forward for the payments company in the process of shifting domicile back to India. It now awaits a nod at this end.
For Harshil Mathur, a nine-to-six corporate job was always dull, as he loves tackling new challenges every day. This drive led the IIT-Roorkee graduate to launch Razorpay in 2014, along with fellow alumni Shashank Kumar. The Bengaluru-based startup, now valued at $7.5 billion (approx Rs 63,000 crore), was once seen as an average idea and was rejected by 100 banks.