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 imposes compounding fee on Paytm over FEMA violations

  2. Aye Finance files RHP, reduces IPO size to Rs 1,010 crore

  3. Peak XV sees another top-level exits as three managing directors quit

  4. Dhan FY25 revenue more than doubles to Rs 877 crore

  5. Mobikwik Q3 revenue rises 7% to Rs 289 crore
  6. Read more news...

AI/Emerging Tech

  1. Robotics startup Octobotics raises seed funding led by Navam Capital

  2. Fibr AI bags seed funding led by Accel

  3. Vibrium secures seed funding of $1 million

  4. Intel eyes GPU market amid surge in AI model training demand

  5. Loop AI raises Series A funding led by Nyca Partners
  6. Read more news...

IPO Tales

  1. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

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

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

  4. The Bull Run Broker: Inside Groww's $7 billion IPO
  5. Read more news...

Money & Machines

  1. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding

  2. Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

  3. The story behind NPCI Jogeshwari & Flipkart's AI moment

  4. The return of Super Apps; Grok triggers policy rethink + Peak XV Report
  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