Zaggle to invest in cross-border payments company Unobanc
Unobanc adds to a list of strategic or acquisition deals made by Zaggle in the past years.
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Unobanc adds to a list of strategic or acquisition deals made by Zaggle in the past years.
The development comes after Scapia raised $63 million in a Series C funding round in May led by General Catalyst.
The IPO preparations come as InsuranceDekho continues to work on its merger with insurance distribution platform RenewBuy.
The ED alleged that these platforms advertised instant cross-border money transfer services using cryptocurrencies despite not being authorised payment system operators.
Pine Labs, which got listed on the bourses last year, has earlier acquired companies including Setu, Fave and QwikCilver.
The ESOP buyback will benefit more than 500 former and current employees of CoinDCX.
The penalty stems from Paytm's purchase of e-commerce firm Little Internet nearly eight years ago.
CarDekho-parent Girnar Group’s four entities will be merged into Artivatic Data Labs, an AI-focussed insurtech startup RenewBuy acquired in 2022.
The funding round saw participation from Prudent Investment Managers, Kae Capital, Elev8 Venture Partners, and existing angel investors.
The ED has filed a complaint against Simpl and its founder Nithya Nand Sharma for allegedly violating FEMA provisions.
Snapmint's revenue from operations increased to Rs 158.5 crore during the fiscal from Rs 88.5 crore in FY24.
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.
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.
A source claims LazyPay recently received a letter from the RBI flagging issues in its customer onboarding process, but the company strongly denies receiving any such communication.
This announcement follows InsuranceDekho’s recent acquisition of a composite insurance broking license from IRDAI.