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Investors chase wealth tech startups in India as affluent class grows


Investors are betting on Indian wealthtech startups as a growing middle class turns to diversify investments and startups challenge traditional financial Investors are chasing Indian wealthtech startups, targeting growing affluent population seeking new-age offerings.

In its latest step targeting a major marketplace, the European Commission sent Amazon another request for information (RFI) Friday in relation to its compliance under the bloc’s rulebook for digital… Quantum Rise, a Chicago-based startup that does AI-driven automation for companies like dunnhumby (a retail analytics platform for the grocery industry), has raised a $15 million seed round from Erie… Fisker has a willing buyer for its remaining inventory of all-electric Ocean SUVs, and has asked the Delaware Bankruptcy Court judge overseeing its Chapter 11 case to approve the sale.…

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