https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Mon, 10 Aug 2020 14:59:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2020/08/10/rbi-rejects-nbfc-applications-of-bharatpe-jupiter-cardekho/ Mon, 10 Aug 2020 14:59:25 +0000 https://thenfapost.com/?p=8515 The Reserve Bank of India (RBI) has returned the applications of several Indian startups who were applying for the Non-Banking Financial Company (NBFC) license. Some of these Indian startups are Sequoia-backed BharatPe, Google Capital-backed CarDekho and digital banking startup Jupiter backed by Sequoia and Matrix Partners. Many Chinese venture capital (VC) and private equity (PE) funds are registered in Mauritius. With weaker norms to […]]]>