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ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

04 Mar 2025, 12:35 PM

An ED investigation reveals that OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step down subsidiary.

Collections platform CredResolve raises $1.1 million led by Japanese VC UNLEASH Capital

Collections platform CredResolve raises $1.1 million led by Japanese VC UNLEASH Capital

04 Mar 2025, 12:09 PM

The proceeds will be used to expand its partnerships to over 25 financial institutions, enhance its AI-driven technology stack, and strengthen its presence.

Jainam Broking invests $3 million in investing platform Deciml

Jainam Broking invests $3 million in investing platform Deciml

04 Mar 2025, 12:02 PM

Deciml, which uses its round-up feature to automatically invest spare change from users’ daily transactions into mutual funds, is Jainam Broking's first startup investment.

InsuranceDekho raises $70 million round co-led by Beams Fintech, MUFG

InsuranceDekho raises $70 million round co-led by Beams Fintech, MUFG

04 Mar 2025, 11:37 AM

This capital will enable InsuranceDekho to expand reach, enhance tech-driven offerings, and solidify position, the company's founder Ankit Agrawal said.

Fintech Hightlights

  1. Razorpay expands into Singapore

  2. Indifi posts revenue jump in FY24; profit declines

  3. Safexpay's FY24 revenue drops 67%; loss widens

  4. M2P Fintech sees decline in operating revenue, export income in FY24

  5. Student lending platform Leap Finance raises $100 million debt from HSBC
  6. Read more highlights...

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