Fintech News

Acko posts Rs 2106 cr in revenues; Rs 670 cr in losses in FY24

Acko posts Rs 2106 cr in revenues; Rs 670 cr in losses in FY24

23 Oct 2024, 17:31 PM

Acko reduced its losses by 9.3% to Rs 670 crore in FY24, down from Rs Rs 738.5 crore the year before.

Fintech highlights of the day

Fintech highlights of the day

05 Oct 2024, 15:27 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.

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Fintech Highlights

  1. RBI appoints Usha Janakiraman as executive director

  2. Jar FY25 revenue up 50-fold to Rs 2,447 crore, net loss halves

  3. IPO-bound Moneyview secures Rs 100 crore debt funding from RevX Capital, Motilal Oswal, others

  4. Vyapar FY25 revenue up 53% to Rs 66 crore

  5. Vyapar acquires AI accounting platform Suvit
  6. Read more news...

AI/Emerging Tech

  1. Reliance Industries, JV partners to invest $11 bn to build AI data centre in India

  2. Agnikul Cosmos raises $17 million at $500 million valuation

  3. Zinit raises seed funding led by AltaIR Capital

  4. Anthropic launches Claude Opus 4.5

  5. Accel, Google team up to invest in Indian AI startups
  6. Read more news...

IPO Tales

  1. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  2. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  3. The Bull Run Broker: Inside Groww's $7 billion IPO

  4. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality
  5. Read more news...

Money & Machines

  1. ONDC confused me for years — now AGI is confusing everyone

  2. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  3. Two crises, one theme — how tech is testing fintech and journalism

  4. Bankers Test the Market; OpenAI Tests the Law + Funding Exclusive
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar