BharatPe gets interim relief against Unity Bank, Centrum in shareholding dispute
BharatPe objected to Unity Bank's proposal that sought to amend the MoA to facilitate the conversion of some 90 crore warrants into CCPS.
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BharatPe objected to Unity Bank's proposal that sought to amend the MoA to facilitate the conversion of some 90 crore warrants into CCPS.
In today's edition, we write on Ashneer Grover's third attempt at Third Unicorn in three years; and why investors are betting on India's AI-native travel startups...
In a joint representation, seven UPI apps have raised concerns around competition, customer choice, market concentration, security, transaction success rates and operational complexity.
BharatPe Capital currently manages a loan book of over Rs 1,750 crore and disburses around Rs 3,500 crore annually.
BharatPe Flex is designed to provide greater flexibility in managing everyday expenses without requiring users to switch to a separate payment platform.
Shashvat Nakrani, the last remaining co-founder, is exiting the company - following earlier departures of Ashneer Grover and Bhavik Koladiya.
In his new role, Verma will focus on driving merchant adoption, strengthening distribution, and scaling the company’s offline payments ecosystem.
In his latest stint, Kishora served as the Vice President and Chief Risk Officer of the New Development Bank.
This appointment comes months after the company's previous technology head Pankaj Goel left the organization.
The top VC firm over the past year has seen a series of exits of its managing directors, including Shailesh Lakhani, Abheek Anand, Piyush Gupta.
The newly launched Unity Bank BharatPe Credit Card is built on the NPCI RuPay platform.
Earlier Coatue had led a Series D funding round of $108 million in BharatPe at a valuation of $900 million in February 2021.
Its operating revenue increased around 17% to Rs 1,667 crore in FY25 from Rs 1,426 crore in FY24.
The fintech giant has appointed Siddhartha Jain as chief network officer, who will be reporting to the company's chief executive Nalin Negi.
Performance pressure is mounting at BharatPe, triggering leadership shakeups and engineering changes ahead of its IPO, sources say.
Khara will now serve as CPTO (Chief Product and Technology Officer), a source aware of the development told The Head and Tale.
The Gurugram-headquartered fintech has appointed a new CEO of Trillion Loans, and moved its key personnel to the NBFC unit, effective immediately.
The NBFC had reported Rs 232 crore in operating revenue in its 2023 financial statement, but its FY24 filings now show revenue of Rs 109 crore for the same period.
As part of the settlement, Grover is also returning shares to co-founder Bhavik Koladiya, resolving the share ownership dispute.
More than a month after the RBI’s crackdown on peer-to-peer (P2P) lending, the Lendbox-MobiKwik partnership is showing cracks, with investors facing a lack of transparency.