PayU India employees can’t cash out shares – and there’s no IPO in sight till mid-2026

PayU India employees can’t cash out shares – and there’s no IPO in sight till mid-2026

09 Jul 2025, 11:13 PM

According to internal data reviewed by The Head and Tale, the fair value of SARs under multiple PayU-linked schemes has plunged sharply by 30-60% yoy.

Pine Labs’ chief growth officer quits ahead of IPO

Pine Labs’ chief growth officer quits ahead of IPO

01 Jul 2025, 03:53 PM

Pine Labs chief financial officer Marc Kay Mathenz has also resigned from the company.

Pine Labs files draft papers for IPO

Pine Labs files draft papers for IPO

26 Jun 2025, 04:37 PM

The public offer comprises of fresh issue of shares worth Rs 2,600 crore ($304 million) and an offer for sale (OFS) of up to 14.78 crore shares.

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:58 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

At a Glance: Razorpay

At a Glance: Razorpay's M&A activity since its first acquisition in 2019

18 Jun 2025, 10:35 PM

The Head and Tale looks back at those deals struck by Razorpay as the company readies itself for an initial public offering (IPO) in the coming years.

Exclusive: Former PayU CBO Sudhir Sehgal joining Paytm, say sources

Exclusive: Former PayU CBO Sudhir Sehgal joining Paytm, say sources

05 Jun 2025, 10:54 AM

Sudhir Sehgal is set to join Paytm Payments Services Limited as Chief Operating Officer.

Inside BharatPe’s tech overhaul as it preps for 2026 IPO

Inside BharatPe’s tech overhaul as it preps for 2026 IPO

02 Jun 2025, 05:20 PM

Performance pressure is mounting at BharatPe, triggering leadership shakeups and engineering changes ahead of its IPO, sources say.

Exclusive: BharatPe chief product officer Rohan Khara assumes additional charge as CTO

Exclusive: BharatPe chief product officer Rohan Khara assumes additional charge as CTO

02 Jun 2025, 03:08 PM

Khara will now serve as CPTO (Chief Product and Technology Officer), a source aware of the development told The Head and Tale.

Razorpay flips back to India at a $150 million cost

Razorpay flips back to India at a $150 million cost

29 May 2025, 05:00 PM

The development comes weeks after Razorpay officially restructured itself into a public limited company, a key step toward its anticipated IPO.

RBI vs Government: The battle over India’s digital payments ecosystem explained

RBI vs Government: The battle over India’s digital payments ecosystem explained

28 May 2025, 05:01 PM

A decade-old debate ends with government formalizing oversight of payments through Payments Regulatory Board, redefining roles across RBI, NPCI and fintech.

What led Google-backed DotPe to shut down its lending unit

What led Google-backed DotPe to shut down its lending unit

23 May 2025, 03:35 AM

DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…

The Head and Tale Impact: Strata surrenders SM-REIT licence; SEBI warns investors

The Head and Tale Impact: Strata surrenders SM-REIT licence; SEBI warns investors

14 May 2025, 10:17 AM

Sebi has issued a cautionary note to investors after accepting the surrender of registration by Strata SM-REIT.

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

13 May 2025, 06:57 PM

The Gurugram-based fintech received an in-principle approval from the central bank in April 2024 to operate as a payment aggregator.

China

China's Antfin offloads 4% stake in Paytm worth $246 million: report

13 May 2025, 02:10 PM

Antfin, which holds a 9.85% stake in One 97 Communications, has been steadily reducing its holding. In Aug 2023, it transferred around 44% of its Paytm stake to CEO Vijay Shekhar Sharma.

Madras HC grants anticipatory bail to Strata founder in email impersonation case

Madras HC grants anticipatory bail to Strata founder in email impersonation case

06 May 2025, 11:40 AM

According to the case details, Strata CEO Sudarshan Lodha was accused of creating a fake email ID to impersonate a SEBI employee to obtain confidential financial information...

Visa veteran Shailesh Paul to take over as Wibmo CEO

Visa veteran Shailesh Paul to take over as Wibmo CEO

06 May 2025, 10:51 AM

One of the sources told The Head and Tale that out the Rs 1,013 crore raised by PayU from its parent entity Prosus recently, a little over Rs 500 crore has been used to...

Poonam Gupta takes charge as RBI Deputy Governer

Poonam Gupta takes charge as RBI Deputy Governer

02 May 2025, 06:27 PM

She succeeds Michael Patra, whose term got over in January this year.

From Promise to Pause: The untold story of Mahindra’s digital finance dream

From Promise to Pause: The untold story of Mahindra’s digital finance dream

28 Apr 2025, 04:04 AM

How internal challenges and shifting priorities derailed Mahindra Finance’s ambition to mirror Bajaj Finance’s success in digital lending.

Exclusive: BharatPe reshuffles leadership at NBFC arm Trillion Loans

Exclusive: BharatPe reshuffles leadership at NBFC arm Trillion Loans

16 Apr 2025, 02:40 PM

The Gurugram-headquartered fintech has appointed a new CEO of Trillion Loans, and moved its key personnel to the NBFC unit, effective immediately.

Exclusive: Pine Labs gets NCLT nod for reverse merger

Exclusive: Pine Labs gets NCLT nod for reverse merger

10 Apr 2025, 11:10 AM

On April 9, the NCLT sanctioned the scheme of amalgamation between Pine Labs Private Limited (India) and Pine Labs Limited (Singapore).

Fintech Highlights

  1. Paytm to become AI-first company: Vijay Shekhar Sharma

  2. Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

  3. Go Digit gets High Court relief on Rs 170 crore GST demand for now

  4. Groww retains top spot in brokerage race despite dip in users

  5. PhonePe, Google Pay command 82% of UPI transaction volumes
  6. Read more highlights...

AI/Emerging Tech

  1. Google hires Windsurf AI talent in $2.4 billion licensing deal

  2. xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

  3. Meta acquires voice AI startup PlayAI in talent push

  4. Saudi Arabia to roll out AI curriculum across schools

  5. Goldman Sachs deploys AI software engineer for routine coding tasks
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case