14 Dec 2024, 00:47 AM
Aye Finance has received its board approval to launch Rs 1450 crore ($174 million) initial public offering (IPO).
14 Dec 2024, 00:29 AM
The company cut down its total expenses by 9.8% to Rs 310 crore in FY24, against Rs 343.67 crore reported in the previous fiscal.
14 Dec 2024, 00:13 AM
Scripbox's overall expenses was reduced by 25% to Rs 134.24 crore in FY24 from Rs 179.4 crore in FY23.
13 Dec 2024, 23:45 PM
Snapmint has raised $18 million in debt and equity led by Prashasta Seth (Prudent Investment Manager).
11 Dec 2024, 11:58 AM
Around 21 funds invested through the anchor placement round, including around 10 domestic funds.
11 Dec 2024, 11:50 AM
In a mix of primary and secondary transaction, Mintifi’s initial investor Lok Capital, exited as part of the secondary sale, while IFC partially sold its stake.
11 Dec 2024, 11:45 AM
Existing investors IDH Farmfit Fund, NRJN Family Trust, Rabo Partnerships and select HNIs.
11 Dec 2024, 11:27 AM
The funding will be used to expand the NBFC's lending portfolio, providing private schools and vocational students in tier II and tier III cities...
11 Dec 2024, 11:22 AM
CASHe’s total expenses increased by 22.4% to Rs 665.8 crore FY24, up from Rs 544.1 crore in FY23.
07 Dec 2024, 19:52 PM
The Tiger Global-backed Plum Insurance saw its losses decline by 54% to Rs 25.5 crore from Rs 55 crore in FY23.
07 Dec 2024, 19:37 PM
The ED has seized assets valued to the tune of Rs 2295.61 crore in this case.
07 Dec 2024, 19:08 PM
One97 Communications Singapore (Paytm Singapore), has approved sale of stock acquisition rights (SARs) held in PayPay Corporation for Rs 2,364 crore.
06 Dec 2024, 22:22 PM
The company posted a net loss of Rs 401.15 crore in FY24, compared to Rs 405.66 crore in the previous fiscal year
06 Dec 2024, 22:06 PM
RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.
06 Dec 2024, 21:49 PM
Paytm entered the Japanese market in 2018 through a partnership with PayPay Corporation, a joint venture between SoftBank and Yahoo Japan.
05 Dec 2024, 12:39 PM
Mosambee's profits grew by 86.7% to Rs 28 crore in FY24, from Rs 15 crore reported in the previous financial year.
05 Dec 2024, 11:55 AM
The wallet limit for UPI Lite has been raised from Rs 2,000 to Rs 5,000, while the cap for offline transactions has been doubled from Rs 500 to Rs 1,000.
05 Dec 2024, 11:44 AM
PB Fintech group chief executive officer Yashish Dahiya also participated in the round.
05 Dec 2024, 11:39 AM
PB Fintech will subscribe to 50,000 shares at a face value of Rs 10 per share aggregating to Rs 5 lakh, and will retain 100% ownership of the proposed entity.
02 Dec 2024, 18:49 PM
In October, the banking regulator had barred Navi Finserv and three other NBFCs to "cease and desist" from sanction and disbursal of loans.
