11 Jan 2025, 13:23 PM
InsuranceDekho founder and CEO Ankit Agrawal and other top officials of the startup were not present in the office at the time of raid.
09 Jan 2025, 20:08 PM
This investment boosts Infinity’s net worth to Rs 530 crore, the company said in a statement.
09 Jan 2025, 19:56 PM
As part of this deal, Z3Partners is acquiring a minority stake from some of Mintoak’s initial institutional investors.
09 Jan 2025, 19:48 PM
The market share of the Vijay Shekhar Sharma-led fintech further plummeted to 6.87% in the month of December.
09 Jan 2025, 19:27 PM
KredX becomes the fifth platform in the country to launch its invoice discounting solution under the brand name 'DTX' (Domestic Trade Exchange) on TReDS.
09 Jan 2025, 19:14 PM
In October, the banking regulator had barred four NBFCs to "cease and desist" from sanction and disbursal of loans.
09 Jan 2025, 19:01 PM
The programme offers affected users an opportunity to recoup losses -- where they can estimate recovery, deposit funds and earn rewards.
07 Jan 2025, 19:13 PM
MobiKwik and Lendbox struck a deal where MobiKwik gave up Rs 24 cr in income for Q1 FY25, and in return, Lendbox waived Rs 42 cr in facilitation fees. These adjustments impacted MobiKwik's current quarter's revenue and expenses.
07 Jan 2025, 17:25 PM
Accel’s latest fund, its eighth in India and SEA, will bet on AI, consumer brands, fintech, and manufacturing areas.
02 Jan 2025, 13:44 PM
On consolidated basis, Mswipe saw marginal fall in its losses at Rs 46.2 crore in FY24, from Rs 49 crore reported in FY23.
27 Dec 2024, 18:11 PM
The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models/applications in the Indian financial sector.
27 Dec 2024, 17:52 PM
Currently, UPI payments from/to a bank account can be carried out using the UPI application of that bank or of any third-party application provider.
27 Dec 2024, 17:28 PM
BillMart will integrate EQARO’s guarantee products into its fintech platform to provide businesses with secured financing options.
24 Dec 2024, 19:58 PM
As of September 2024, the total assets under management (AUM) reported by 28 FACE member companies stood at Rs 51,537 crore.
24 Dec 2024, 19:35 PM
The company, which marks its 10th anniversary, announced its first ESOP buyback in 2018, followed by a $75 million ESOP buyback in 2022.
24 Dec 2024, 19:16 PM
With this, exporters on Amazon can receive their international payouts through Skydo, the company said in its statement.
24 Dec 2024, 19:03 PM
Interest income from the disbursement of loans accounted for 80% of the revenue -- which increased 2x to Rs 308 crore in FY24.
24 Dec 2024, 18:43 PM
Sebi found that crucial information, such as regulatory actions and financial plans, was omitted in the draft red herring prospectus.
24 Dec 2024, 18:18 PM
Last week, InCred Finance, the consumer and MSME lending arm of the InCred Group, appointed Gaurav Maheshwari as its chief financial officer.
24 Dec 2024, 17:48 PM
Aye Finance's largest shareholder Elevation Capital (formerly SAIF Partners) is not participating in the offer for sale.
