Instamojo Disbursed Short-Term SMB Loans Worth INR 200 Cr In FY 2020
Instamojo started five new services in FY2020, and acquired GetMeAShop. The company added more than 480K new businesses on its platform
Fintech lenders turn tap off to new customers, conserve cash
EarlySalary, KreditBee and LoanTap are focusing only on servicing their existing clients and collect the loans back, in a bid to survive the economic downturn. Fintech lenders charge 1.4-2.5% per month.
TikTok's parent, ByteDance, launches global hiring spree with 10,000 new jobs
Like rival Tencent Holdings Ltd, ByteDance’s social media channels have seen usage spike after the Covid-19 pandemic confined millions of people to their homes.
Lockdown 2.0: What’s allowed, what’s not as govt eases coronavirus curbs
The central government on Wednesday relaxed the restrictions on some sectors to gradually resume economic activity a day after extending the lockdown to control the coronavirus pandemic.