2024

​​InsuranceDekho swings to profit with Rs 86 crore in FY24

​​InsuranceDekho swings to profit with Rs 86 crore in FY24

14 Nov 2024, 21:51 PM

InsuranceDekho's revenue from operations surged to Rs 743.6 crore for the fiscal year, ending March 2024 from Rs 96.5 crore reported in the previous fiscal.

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

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

14 Nov 2024, 01:13 AM

The net profit reached Rs 18.5 crore during the quarter compared to Rs 7.78 crore reported in Q2 FY24.

Fintech startup Jupiter sees 5x revenue jump in FY24

Fintech startup Jupiter sees 5x revenue jump in FY24

13 Nov 2024, 00:40 AM

The Peak XV-backed company saw its net losses go down to Rs 275.9 crore in FY24 compared to Rs 327 crore in FY23.

Payment aggregator firm Infibeam posts Rs 1016 crore in Q2 revenues

Payment aggregator firm Infibeam posts Rs 1016 crore in Q2 revenues

12 Nov 2024, 22:10 PM

The company's net profit after tax rose to Rs 47.47 crore, up 16.7% from Rs 40.69 crore earned in Q2 FY24.

Coinswitch

Coinswitch's parent sees dip in revenue from operations to Rs 38 crore

11 Nov 2024, 19:33 PM

Coinswitch parent PeepalCo's losses came down by 65% to Rs 151.4 crore ($18.13 million) in FY24 against Rs 434.2 crore in the previous year.

Perfios FY24 net profit jumps 9x

Perfios FY24 net profit jumps 9x

11 Nov 2024, 17:02 PM

Perfios reported Rs 71.7 crore in profit after tax, up from Rs 7.79 crore in FY23.

Juspay cuts losses to Rs 97.54 crore in FY24

Juspay cuts losses to Rs 97.54 crore in FY24

11 Nov 2024, 16:06 PM

Juspay earned Rs 287 crore in revenues from payment platform integration fees as compared to Rs 196 crore in FY23.

Airtel Payments Bank Q2 profit soars 45% to Rs 11.2 crore

Airtel Payments Bank Q2 profit soars 45% to Rs 11.2 crore

07 Nov 2024, 20:47 PM

The Gurugram-based company's revenue also saw a significant jump of 58%, rising to Rs 674 crore from Rs 427 crore in Q2 FY24.

Fintech Highlights

  1. BharatPe partners with Unity Small Finance Bank for EMI-driven credit card

  2. Stock broker Groww gets Sebi nod for $1 billion IPO

  3. PCI Security Standards Council sets up first India-South Asia regional engagement board

  4. Aye Finance net profit halves to Rs 30 crore in June quarter

  5. TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners
  6. Read more news...

AI/Emerging Tech

  1. Google to invest additional $9 billion to expand Virginia data center network through 2026

  2. OpenAI's evaluation shows rival Anthropic' Claude models less hallucinatory

  3. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  4. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

  5. Meta strikes licensing deal with Midjourney
  6. Read more news...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality