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Fintech highlights of the day

25 Jul 2025, 12:26 PM

October 4thJio-BlackRock gets Sebi's in-principle nod to set up mutual fund biz...

From Promise to Pause: The untold story of Mahindra’s digital finance dream

25 Jul 2025, 12:26 PM

In 2019 as India's digital lending revolution was gaining momentum, Mahindra Finance, a traditional vehicle financing behemoth, quietly...

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

25 Jul 2025, 12:26 PM

The head of the fractional real-estate investment platform WiseX Aurum, formerly Myre Capital, which was acquired by the publicly-listed Aurum Proptech ...

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

25 Jul 2025, 12:26 PM

This is the story of a Jammu-based NBFC (non-banking financial company). At a time when fintechs are still struggling to obtain NBFC licenses, a Delhi-b...

RBI lifts ban on Kotak Mahindra Bank nearly after 10 months

25 Jul 2025, 12:28 PM

The Reserve Bank of India (RBI) has lifted its 10-months old order restricting Kotak Mahindra Bank from onboarding new customers through online channels...

Zaggle posts 64% jump in Q2 FY25 revenue; net profit up by 145%

25 Jul 2025, 12:28 PM

Prepaid card fintech Zaggle, which provides spend management products and solutions to corporates, has posted Rs 302.5 crore in revenue from operations in Q2...

BharatPe in advanced talks to raise $80-$100 million in pre-IPO round

11 Aug 2025, 11:04 AM

Indian fintech unicorn BharatPe is in advanced talks to raise $80-100 million in a pre-IPO round led by Coatue Management, the Entrackr reported citing ...

IRDAI imposes Rs 5 crore fine on Policybazaar for regulatory violations

05 Aug 2025, 12:44 PM

The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a Rs 5 crore fine on Policybazaar for regulatory violations. ...

In Charts: Amrish Rau's startup bets

25 Jul 2025, 13:02 PM

Amrish Rau, CEO of initial public offering (IPO) bound fintech unicorn Pine Labs, has been a prominent angel investor, having invested in around 50 star...

Madhur Deora to step down from Paytm's board but continue as President, group CEO

25 Jul 2025, 12:28 PM

Madhur Deora, group CFO for Paytm's parent entity One97 Communications, has decided to retire from the company's board as director and not seek reappoin...

Moneyview converts into public entity ahead of IPO

25 Jul 2025, 12:28 PM

Digital lending platform Moneyview has converted into a public company as it inches closer to its initial public offering.The ...

Exclusive: BharatPe reshuffles leadership at NBFC arm Trillion Loans

25 Jul 2025, 12:26 PM

BharatPe is making leadership changes at its non-banking financial company (NBFC) subsidiary, Trillion Loans, as it sharpens focus on ...

Exclusive: Pine Labs gets NCLT nod for reverse merger

25 Jul 2025, 13:02 PM

The National Company Law Tribunal (NCLT) has approved the merger of Pine Labs’ Indian and Singaporean entities, paving the way for th...

Exclusive: Paytm’s payment aggregator unit fires all senior executives

25 Jul 2025, 13:02 PM

Paytm denies any such development. Their responses are below.Paytm Payments Services Limited (PPS...

Scoop Confirmed: Paytm’s payment aggregator unit CEO Nakul Jain on his way out

25 Jul 2025, 12:26 PM

Paytm Payments Services Limited (PPSL), a subsidiary of Vijay Shekhar Sharma-led Paytm, is undergoing a leadership shuffle and workforce...

Exclusive: Razorpay, Cashfree discontinue payment processing via Juspay

25 Jul 2025, 12:26 PM

In a major turn of events, leading payment aggregators Razorpay and Cashfree have severed their partnerships with payment orchestratio...

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

25 Jul 2025, 12:26 PM

Two months ago, we learned that a top executive from Paytm, along with his team, has joined a Gurugram-based digital lender. That executive is none othe...

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

25 Jul 2025, 12:26 PM

PayU Finance, the non-banking financial company (NBFC) unit of payment service provider PayU, laid off around 100, or a third of its staff, on Tuesday, ...

Crypto exchange CoinDCX raising fresh capital from existing investor Coinbase

15 Oct 2025, 16:30 PM

CoinDCX, a crypto exchange in India and the Middle East, is raising fresh capital from its existing backer Coinbase at a valuation of $2.45 billion.

Dezerv raises Series C funding co-led by existing investors Premji, Accel

13 Oct 2025, 16:26 PM