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).

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 03:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

Orchestrating an Exit: Why payment aggregators are moving away from Juspay

Orchestrating an Exit: Why payment aggregators are moving away from Juspay

02 Apr 2025, 11:37 AM

Razorpay, Cashfree, Paytm, and PhonePe are taking control back, ditching third-party routers. But what about merchants—are they embracing the change or caught in the chaos?

Fintech Highlights

  1. Pazy secures pre-seed funding led by Inuka Capital

  2. IndiaBonds bags Rs 32.5 crore in first external funding

  3. NPCI profit jumps 42% to Rs 1,552 crore in FY25

  4. PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

  5. Kamath brothers pick minority stake in InCred Holdings
  6. Read more highlights...

AI/Emerging Tech

  1. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  2. At a Glance: AI Data Labeling companies beyond Scale AI

  3. Darwix AI bags seed funding

  4. Google plans to snap ties with Scale AI after Meta's "significant" investment

  5. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  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