BANKING & FINANCE
HiWiPay Gets IFSCA Nod To Set Up Payment Services Arm In GIFT City
Cross-border payments platform HiWi Forex Transaction Services Pvt Ltd (HiWiPay) has received in-principle approval from the International Financial Services Centres Authority (IFSCA) to establish a wholly-owned subsidiary as a payment service provider (PSP) at the GIFT International Financial Services Centre (GIFT IFSC). The approval marks a significant milestone for the fintech company as it seeks […]
CW Bureau
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Jul 1, 2026
STARTUP/TECHNOLOGY
IPV Opens Access To Y Combinator Deal Pipeline For Indian Investors
Angel investing platform Inflection Point Ventures (IPV) has become one of the first platforms in India to provide investors access to startup deal flow from Y Combinator (YC), the globally renowned startup accelerator that has backed some of the world’s most successful technology companies. The move is aimed at giving IPV Ultra investors early access […]
CW Bureau
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Jun 5, 2026
ECONOMY
GIFT City Emerges As Global Financial Powerhouse With 37 Banking Entities
GIFT City has strengthened its position as a globally competitive international financial and business hub, with banking assets crossing $110 billion and capital commitments under fund management activities exceeding $32 billion. Union Finance Minister Nirmala Sitharaman on Friday chaired a high-level review meeting on the progress of GIFT City and its expanding international financial services […]
CW Bureau
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May 23, 2026