PEER TO PEER PLATFORMS

A realistic way to protect kids from social media? Find a middle ground

Ahmed Othman, a teenager from Massachusetts, avoids TikTok and credits his parents, computer scientists, for teaching him about social media's impact on mental health. He is among the minority of teens not on TikTok, as per Pew Research Center data.

What’s fueling the shift in Indian investor behaviour?

India added $1 trillion to the stock market in less than six months, reaching a $5 trillion market cap. Retail investors, with a surge in Demat accounts, play a key role in enhancing market stability and resilience.

Stupa Sports Analytics raises Rs 28 crore from Centre Court Capital, Peer Capital

Founded in 2020, Stupa Sports Analytics provides games federations and sports teams with analytics of player performance data, broadcasting capabilities and sports digitisation tools through its various platforms.

Peer community groups can help with financial success of women entrepreneurs in tier-II cities and beyond: Tide India’s Gurjodhpal Singh

Tide India has come up with a women aspiration index which shows the challenges and opportunities for women entrepreneurs in non-metro cities.

No default loss cover diktat by RBI to hit peer-to-peer lending startups

RBI's ban on DLG for P2P platforms reshapes industry operations, impacting prominent startups. Regulator's actions aim to bolster governance but may raise customer acquisition costs and deter investors due to increased risks.

Meta's newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users

Meta Platforms introduces advanced AI systems, including the Llama 3 model. Despite limitations, the company aims to develop smarter chatbots and envisions AI as the most useful assistant in the world.

How Reddit stacks up against social media peers

Reddit's market debut raises questions on its comparison with social media giants. Despite niche user base, it lags in revenue and valuation. Strong ad growth but lower user numbers compared to peers like Meta.

P2P lenders to stop ‘liquid funds’ as RBI peers into business

The initiative by the Association of P2P Lending Platforms comes on the back of sharp displeasure expressed by the country’s banking regulator over a spate of such products offering attractive interest rates and instant liquidation options to retail investors.

Fundamental Radar: What’s likely to keep Happiest Minds valuation higher than peers?

Happiest Minds Technologies transitions to a vertical organisational structure, strengthening pre-sales/sales function and expanding service lines. It presents a cross-sell opportunity to marquee customers and accelerates growth, according to HDFC Securities.

Rupee ends at over 5-month high, tracking Asian peers, foreign fund inflows

​ The Indian rupee closed at its strongest level in more than five months on Thursday, aided by an uptick in its Asian peers and on the back of dollar inflows into the domestic share and bond markets.

P2P companies go easy on partnership business as RBI sounds alert

According to the founders of several of these lending platforms, given that the Reserve Bank of India is scrutinising the sector, they are adopting a “wait-and-watch” policy before stitching these deep integrations. P2P platforms LenDenClub and Liquiloans led the partnership game by working closely with fintechs like Cred and BharatPe to source borrowers and lenders.

Elon Musk’s X lays out 2024 plans: peer-to-peer payments, AI and content creators in focus

To quell fears of advertisers and get brands back on X, the company said it would strengthen its full-funnel ads offering with a focus on video, performance, and brand safety.

RBI reins in peer-to-peer lending practices - Sources

The Reserve Bank of India, also the country's banking regulator, conducted inspections of at least 10 lenders in the fast-growing sector between June and September, said the sources, all industry executives. They declined to be identified because discussions with the regulator are not public.

P2P companies log revenue jump, thanks to business partnerships

After years of slow growth and a fledgling business model, some P2P platforms have shown a strong uptick in business volumes mainly through their affiliate programmes, but will regulatory action make this short lived?

India Inc more than willing to cosy up to retired pros

At a time when ageism is spreading its tentacles across India Inc., some seasoned retired professionals are loath to hang up their boots. Helping them are platforms such as WisdomCircle and diversity consultancies like Hum Communities who look for suitable opportunities for retirees that leverage their lifetime of accumulated skills and wisdom.

India derivatives boom helps BSE stock trounce global peers

Shares of BSE have rallied 270% this year, trouncing global platforms such as cryptocurrency major Coinbase Global Inc. and Cboe Global Markets Inc., as well as the country’s Multi Commodity Exchange of India Ltd. The rally was partly driven by BSE relaunching derivative contracts on the benchmark Sensex and the banking sector gauge in May this year, attracting investors with reduced lot sizes and a new expiry cycle.

Sensex, Nifty open flat despite firm cues from Asian peers

Home decor startup Vaaree raises $4 million in round led by Peak XV’s accelerator programme Surge

Investors in the round include Peer Capital, All In Capital and Better Capital. The new funding will be used to accelerate hiring and enhance the user experience on the online platform, said a statement from the company.

P2P lending platform Rang De disburses Rs 85 lakh worth of credit to small, marginal, and landless farmers in Assam

Through a strategic collaboration with Siddhi Vinayak Agri Processing Pvt Limited (SV Agri), Rang De is supporting the potato value chain in Assam to tackle the above bottlenecks through an innovative blend of financial solutions. By helping potato farmers connect with suppliers who provide them with resources (backward linkage) and buyers who purchase their produce (forward linkage), along with tailored credit solutions, Rang De is helping farmers create a sustainable ecosystem for growth.

UK financial regulator blocks company from approving Binance marketing

Cryptocurrency exchange Binance, which is unregulated in Britain, in a blog post on Sunday said it had launched a new domain for UK users and that rebuildingsociety.com would be approving its marketing and communications materials.

High returns on P2P lending in China turned into a nightmare for investors, how safe is it in India?

In 2023, several patterns of the Chinese P2P ecosystem have found their way into India. Here are some parallels that the regulators and investors need to watch out for.

India is not China in P2P lending; it has robust model to manage risks for investors that world can learn from

Here are the reasons that makes the Indian P2P lending space unique and relatively safe for investors.

Trading in cryptos on international P2P exchanges? You run the risk of your bank account being frozen

Transacting in virtual digital assets like cryptocurrency, non-fungible tokens (NFTs), others using Peer-to-Peer (P2P) mechanism carries risk. Hence experts advise to buy VDAs only through Indian KYC and other law abiding exchanges otherwise both the transacting parties i.e. buyer and seller stand at the risk of violating various Indian laws.