04 Nov 2024, 22:04 PM
The company plans to use the funds to enhance product innovation and broaden its offerings, particularly in global investment tools, AI-driven university counseling, and cross-border payment solutions.
04 Nov 2024, 21:58 PM
The e-commerce giant’s fintech arm reported a slight jump in its revenue from operations to Rs 2,287 crore in FY24 from Rs 2,093 crore in FY23.
04 Nov 2024, 21:54 PM
This announcement follows InsuranceDekho’s recent acquisition of a composite insurance broking license from IRDAI.
04 Nov 2024, 21:43 PM
The new investment app hosts two offerings – digital gold and fixed deposits.
04 Nov 2024, 21:39 PM
The insurer's profit after tax jumped 221.4% to Rs 89 crore from Rs 28 crore in Q2 FY24.
24 Oct 2024, 14:29 PM
The unauthorized use of UPI IDs include, accessing customer names, bank account statuses, alternate UPI IDs, and verify customer mobile numbers.
24 Oct 2024, 14:28 PM
The news comes shortly after Bajaj Finserv revealed that Allianz is considering an exit from its existing life and general insurance joint ventures with the Bajaj Group.
24 Oct 2024, 14:07 PM
In his new role, Shakdher will work closely with Paytm CEO Vijay Shekhar Sharma.
23 Oct 2024, 16:31 PM
Apart from new investors coming in, existing shareholder General Atlantic is also expected to pick additional stake.
23 Oct 2024, 16:29 PM
The alleged transfer included $72.13 million to Bybit and $1.5 million to KuCoin, Coinswitch co-founder Ashish Singhal posted on social media.
23 Oct 2024, 16:20 PM
Z47 (previously known as Matrix India Partners), an early investor in the Gurugram-based fintech and commerce startup, is also looking to sell its stake.
23 Oct 2024, 14:36 PM
CollectiPhi-360 enables lenders to manage automated, doorstep, offline, partial, and bulk collections.
23 Oct 2024, 14:34 PM
The deal, which includes an investment of up to Rs 252 crore ($30 million), is awaiting regulatory approval.
23 Oct 2024, 14:26 PM
The new funding will be used to enhance AI capabilities, expand customer acquisition, and grow the workforce.
23 Oct 2024, 14:23 PM
The top-performing sectors in Q3 2024 included alternative lending, investment tech, and payments.
23 Oct 2024, 14:21 PM
Goldman Sachs is the seventh multinational bank to lend to Navi Finserv.
23 Oct 2024, 14:18 PM
PhonePe controls 48% market share in terms of volume of transactions; Google Pay (37.4%) and Paytm (7%).
23 Oct 2024, 14:01 PM
Acko reduced its losses by 9.3% to Rs 670 crore in FY24, down from Rs Rs 738.5 crore the year before.
21 Oct 2024, 12:58 PM
Jio-BlackRock gets Sebi's in-principle nod to set up mutual fund biz; Sachin Bansal-led Navi Finserv's revenue from operations fell to Rs 1,906 crore in FY24 from Rs 2,041 crore in FY23; Paytm promotes Deependra Singh Rathore to CTO.
