Entry of Legal Players in MSME Area

“The cutting down of interest does not have any impact on us,” said Reynold Irisan Wijaya, CEO of Modalku, an MSME-focused P2P player. That’s because productive loan players like Akseleran and Modalku are already offering rates well below that cap. Akseleran’s interest rate, for one, hovers at 18% per year, with Modalku’s at 36%. For … Read more

Why New Policy and Localisation is not easy

Despite Krishnaswamy’s questionable methods, Amazon was quick to snap him up in April 2020. His position at Google was filled by Aman Jain, one of Krishnaswamy’s juniors, though it is believed that Google is looking for a more experienced candidate, according to the second former Google executive. Interestingly, Rahul Jain, who served at Google-owned YouTube … Read more