The company’s operating revenue dwindled 4% to Rs 24.30 crore in FY21 Niyo’s expenses were also reduced by 4% to Rs 112.22 crore in FY21 from Rs 117.19 crore in FY20.  Neobanking startup Niyo, one of the first movers in India’s customer-focused neo banking industry with a focus on the blue-collar group is yet to hit critical scale despite its early mover advantage. Niyo’s revenue increase in its fifth fiscal year (FY21) has been negative. The company’s operating revenue fell 4% to Rs 24.30 crore in FY21, down from Rs 25.32…

Zoho to enter the booming e-learning market. TrainerCentral will look at entering the enterprise segment but as of now, the focus is entirely on small, individual trainers and training companies.  Zoho Corp. has launched TrainerCentral, a collaborative e-learning platform designed to capitalize on the booming e-learning market. Aarthi Elizabeth, the new business division’s chief brand evangelist, confirmed the news. Chennai-headquartered Zoho is the parent company of technology brands like ManageEngine, Zoho, and Qntrl, as well as TrainerCentral, which will provide knowledge creators, solopreneurs, and experts from all fields with a…

Credit card platform Slice, has raised $220 million in Series B round. The fund will be utilized for onboarding users, hiring, and development of new products. Credit card platform Slice, has raised $220 million from Tiger Global and Insight Partners in a Series B round. Sunley House Capital of Advent International, Moore Strategic Ventures, Anfa, Gunosy, Blume Ventures, and 8i were among the existing investors in the round. According to Slice, the new funds are valued at more than $1 billion. In 2021, the company will join the ranks of…