In-depth reporting, market intelligence, and analytical commentary on fintech news.
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.
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.
PhonePe PulsePro metrics will be integrated into the PM GatiShakti National Master Plan portal.
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.
The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.
The company has appointed former Bajaj Markets executive Manish Pathania to lead the digital lending business.
The acquisition is expected to bolster DSP Finance’s offerings in loans backed by financial assets, particularly mutual funds.
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.
Sinha, currently an independent director at Airtel Payments Bank, will take charge from October 1 for a three-year term.
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.
The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
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.
PB Fintech stated that the advisory does not have any material financial impact on the company.
Turtlemint recorded a 39.7% jump in revenue from operations to Rs 294.08 crore in the quarter ended June 30, 2026, from Rs 210.49 crore in the...
Shelar will focus on strengthening MOS Utility’s business ecosystem and scale its digital financial services portfolio...
BofA and Jio Financial Services have entered into a JV deal under which the US banking major will pick up shares through a preferential issue and warrants.
Mirae Asset Venture Investments India has raised Rs 1,125 crore in the first close of its latest India-focused venture capital fund.Mirae Asset...
The funding round also saw participation from existing investors including Lightspeed India Partners and Burman Family Office, among others.
The matter relates to Paytm’s December 6, 2023 announcement that it would reduce the distribution of personal loans below Rs 50,000, particularly its postpaid loans.
The offering is designed to comply with the accessibility requirements of the Reserve Bank of India (RBI) under BIS IS 17802 standards.
