Deepdives

Complaint filed with SEBI against hBits over disclosure concerns amid family feud

Complaint filed with SEBI against hBits over disclosure concerns amid family feud

17 Jul 2025, 15:40 PM

A complaint with Sebi claims hBits suppressed "material information" while applying for SEBI's approval to launch the SM-REIT.

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, 23:13 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.

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.

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, 17:20 PM

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

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…

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.

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?

UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

31 Mar 2025, 13:42 PM

While the government insists UPI is free, hidden charges, unsustainable incentives, and industry frustrations tell a different story.

Telling merchants 'I will not support you through a router' is absurd: Juspay co-founders

Telling merchants 'I will not support you through a router' is absurd: Juspay co-founders

26 Mar 2025, 09:28 AM

Back in January, Juspay founder Vimal Kumar and co-founder Sheetal Lalwani spoke exclusively with us in an hour-long chat around the shifting dynamics of India's payments ecosystem.

NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

19 Mar 2025, 07:09 AM

To capture the credit card market share, the UPI developer is mimicking its debit card strategy—with a slight twist.

Small businesses say GSUnite duped them with false promises; company denies claims

Small businesses say GSUnite duped them with false promises; company denies claims

12 Mar 2025, 21:33 PM

Several victims allege they paid thousands to GSUnite for fintech software that was never delivered as promised.

Strata, Avigna, and the Hosur mystery: Fundraising, family ties, and investor fallout

Strata, Avigna, and the Hosur mystery: Fundraising, family ties, and investor fallout

18 Feb 2025, 08:33 AM

The fractional property ownership platform—backed by Elevation Capital and Nikhil Kamath-backed Gruhas VC—has become embroiled in a legal dispute with Avigna.

Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?

Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?

06 Jan 2025, 14:19 PM

This story delves into Stashfin’s business operations – which have largely remained out of the public and media spotlight, as the company prefers to keep things under wraps.

The curious case of Jammu-Based NBFC, 'Mahashakti Financiers'

The curious case of Jammu-Based NBFC, 'Mahashakti Financiers'

10 Dec 2024, 15:12 PM

The Pandora’s box opened when the Reserve Bank of India called the new directors of this NBFC to a meeting on November 8…

In Charts: MobiKwik plans Rs 572 crore IPO. Why its financial services play deserves attention

In Charts: MobiKwik plans Rs 572 crore IPO. Why its financial services play deserves attention

07 Dec 2024, 01:42 AM

While the company has disclosed financials till Q1FY25, the FY25Q2 and FY25Q3 will give a clear view on the performance of MobiKwik.

Minance founder Anurag Bhatia's Hedonova barred from taking funds from US investors

Minance founder Anurag Bhatia's Hedonova barred from taking funds from US investors

29 Nov 2024, 22:41 PM

The so-called alternative investment fund Hedonova is run by none other than Anurag Bhatia, who was jailed in India in 2020 for duping investors through Minance.

Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama

Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama

11 Oct 2024, 17:04 PM

And for those curious minds, The Head and Tale has learnt that the settlement wasn’t unanimous.

[Exclusive] The End: Ashneer Grover reaches a settlement with BharatPe; sources

[Exclusive] The End: Ashneer Grover reaches a settlement with BharatPe; sources

30 Sep 2024, 10:56 AM

As part of the settlement, Grover is also returning shares to co-founder Bhavik Koladiya, resolving the share ownership dispute.

PayU lays off close to 100 employees from credit team: sources

PayU lays off close to 100 employees from credit team: sources

27 Sep 2024, 12:39 PM

Of the total employees asked to leave, 30 were from its Gurugram office and the remaining from its Mumbai and Bengaluru teams.

WiseX Aurum in disarray as CEO resigns; employees' future uncertain

WiseX Aurum in disarray as CEO resigns; employees' future uncertain

26 Sep 2024, 21:53 PM

The development comes just over a year after Aurum Proptech acquired Myre Capital (which is now WiseX Aurum) in May 2023.

Fintech Highlights

  1. Altum Credo raising additional Rs 100 crore in extended Series C funding

  2. Paytm Money to rope in HDFC Securities executive as CEO: report

  3. Flipkart-owned Super.money entering stock broking space

  4. Jupiter Money gets IRDAI approval to enter insurance distribution space

  5. Phi Commerce raises $6 million part of Series B round
  6. Read more news...

AI/Emerging Tech

  1. Perplexity ties up with Bharti Airtel to provide 12-month free Pro subscription

  2. Meta ropes in two senior Apple AI researchers

  3. OpenAI launches proactively thinking and acting ChatGPT agent

  4. IBM opens Agentic AI Innovation Center in India

  5. Google rolls out Gemini 2.5 Pro, Deep Search to AI Mode in Search
  6. Read more news...

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