Fintech News
HDFC Bank CEO Sashidhar Jagdishan to retire in October, will not seek reappointment
Recently he had faced allegations of violating corporate governance norms, which the bank later denied.
Fintech News
In-depth reporting, market intelligence, and analytical commentary on fintech news.
Fintech News
Lightspeed sells entire PhysicsWallah stake for Rs 550 crore via block deal
Lightspeed Venture Partners has fully exited edtech firm PhysicsWallah through a block deal valued at nearly Rs 550 crore.Lightspeed Opportunity Fund...
Fintech News
Ribbit Capital offloads Rs 2,217 crore worth of Groww shares via block deal
The latest sale marks Ribbit Capital’s second major share sale in Groww this year.
Fintech News
TILT launches Rs 250 crore impact-focused venture fund
The fund has attracted backing from the Livelihood Impact Fund as well as prominent entrepreneurs, investors, and philanthropists such as Deep Kalra and Binny Bansal.
Fintech News
Zerodha FY26 revenue flat as core brokerage business slows
Zerodha's margin trading funding (MTF) book has grown to around Rs 9,000 crore with customers borrowing around Rs 6,000 crore.
Fintech News
InCred Capital brings in Avendus wealth execs to lead new UHNI platform
The company also plans to continue hiring senior bankers and investment specialists as it scales the new platform.
Fintech News
Nexedge Capital raises $20 million led by Mirae, Elev8
Nexedge plans to use the fresh capital to strengthen its technology platform, expand its senior banker network and increase its presence across India, including in tier-II and tier-III cities.
Fintech News
Slice strengthens board with ex-SBI, ICICI Bank executives
The appointments have been approved by the company’s board, and the Reserve Bank of India (RBI) has also cleared Samir Sawhney’s appointment as Executive Director.
Fintech News
UPI in July: Securities transactions jump, digital gold purchases dip
The value of securities brokers and dealer transactions via the unified payments interface (UPI) jumped 21.01% month-on-month to Rs 73,752.37 crore in July from Rs 60,945.24 crore in June.
Fintech News
PhonePe signs MoU with MeitY to share insights from PhonePe PulsePro
PhonePe PulsePro metrics will be integrated into the PM GatiShakti National Master Plan portal.
Fintech News
Y Combinator trims Groww stake, sells shares worth Rs 1,435 crore
The transaction marks Y Combinator’s second significant share sale in Groww this year after the six-month lock-in period for investors ended following the startup's listing late last year.
Fintech News
Navi raises $100 million funding from Prosus ahead of IPO
The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.
Fintech News
MobiKwik infuses Rs 60.85 crore into subsidiary as it shifts lending business
The company has appointed former Bajaj Markets executive Manish Pathania to lead the digital lending business.
Fintech News
DSP Finance acquires Volt Money
The acquisition is expected to bolster DSP Finance’s offerings in loans backed by financial assets, particularly mutual funds.
Fintech News
Karnataka HC overturns relief granted to Jar in digital-gold case
The court said police can freeze bank accounts during an investigation without prior Magistrate approval, while also upholding scrutiny of Jar’s digital-gold business under criminal law.
Fintech News
Airtel Payments Bank names Shabnam Sinha as chairperson, Sunil Mittal to step down
Sinha, currently an independent director at Airtel Payments Bank, will take charge from October 1 for a three-year term.
Fintech News
SAVE Microfinance raises Rs 30 crore from State Bank of India
With the latest funding, the microfinance institution has raised Rs 70 crore in total funding during the current financial year ending on March 31, 2027.
Fintech News
Rezolv raises Series A funding led by Norwest
The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
Fintech News
Resilient plans to sell up to 4.98% Paytm stake via block deal
Paytm clarified that it is not involved in the proposed transaction and the founder’s direct shareholding in Paytm will remain unchanged following the block deal.
Fintech News
IRDAI issues advisory and show cause notice to Policybazaar following inspection
PB Fintech stated that the advisory does not have any material financial impact on the company.
Loading More Stories...