They added that Bansal had also held talks to invest a further USD 35-40 million in artificial intelligence-based healthcare venture Sigtuple, where he is already an investor.

Baseline Ventures believe that both these companies are encashing on Shaw's name and fame without the company's authorisation.

A new breed of fintech lenders is creating a niche segment.

In terms of 'currency in circulation', the RBI puts the latest figure at over Rs 19.3 lakh crore as on June 1, 2018, a jump of about 30 per cent from the year-ago level.

Last October, the Reserve Bank of India announced that it would allow interoperability among prepaid payment instruments (PPI) in phases, including e-wallets of private players. At the time, the expectation was that interoperability among KYC-compliant PPIs would be implemented by mid-April.

As banks and financial institutions integrate fintech solutions with their core banking platform, it's a win for both.

Snapdeal has seen its business being impacted severely by the intense competition in the e-commerce segment. While players, including the likes of Amazon and Flipkart, have pumped in billions of dollars in investments, they continue to operate in losses.

Sikha Sharma's term ends at a time when the country's third largest private bank is rocked with the problems of rising non-performing assets, leak of financial results, non-compliance with its asset classification norms, and falling profit.

Axis Bank's Shikha Sharma has had an illustrious career in banking, regardless of the rough patch that's hogging the headlines lately. Known for her calm and composed disposition, Sharma is not new to tough times.

Sharma is also unhappy about the absence of log-in sessions in WhatsApp's new feature.

Future Group Founder and Chairman Kishore Biyani said in a statement that through Vulcan, the company plans to boost its last mile capabilities and also offer state-of-the-art solutions to its e-commerce and retail clients.

Kishore Biyani-led Future Group is in initial stage of discussions to buy Snapdeal's logistics arm - Vulcan Express - for about Rs 50 crore as the former looks to strengthen its supply chain business, according to multiple sources.

Learning from the new kids on the block is one way to keep yourself in sync with the all that's changing and evolving in the world today.