Friday

Rivet Raises $10.5M From Peak XV to Undo What Its Founder Helped Build at Tinder

The most interesting line in this launch comes from the person best placed to say it. "I spent many years thinking what we were building was removing friction from meeting people," Taru Kapoor said. "Instead, we removed …

IRDAI Has Proposed Capping Insurance Commissions, And PB Fintech Fell 36%

A 36 per cent single-day fall is not a reaction to a margin adjustment. It is the market repricing a business model. Most regulatory changes alter what a company earns on each sale. This one proposes a limit on what may …