Kumail Bukhari

PB Fintech invests Rs 539.4 crore in healthcare unit

25 Apr 2025, 17:45 PM

Following this round, PB Fintech’s holding in PB Healthcare will decline from 100% to 32.14% due to the entry of external investors.

PB Fintech gets RBI's in-principle nod to operate as payment aggregator

16 Apr 2025, 11:41 AM

In March 2024, the company announced incorporation of a wholly owned subsidiary under the name of 'PB Pay' to carry on the business of payment aggregator.

Plaksha University launches Binny Bansal Institute for Inventing the Future

02 Apr 2025, 17:06 PM

The Flipkart co-founder has invested Rs 70 crore to set up IIF, that will focus on developing innovative solutions using AI, blockchain, and robotics.

Groww gets CCI approval to issue bonus shares to Peak XV, Tiger Global, others

02 Apr 2025, 13:56 PM

The proposed transaction also includes the elimination of differential voting rights held by Groww’s founders.

smallcase raises $50 million led by Elev8 Venture Partners

28 Mar 2025, 21:25 PM

The round also saw participation from State Street Global Advisors, Niveshaay AIF, Faering Capital, and Arkam Ventures.

Zaggle to acquire 45.33% in PoS firm Effiasoft for Rs 36.72 crore

28 Mar 2025, 20:51 PM

Zaggle said it received the approval from its board to acquire the stake from Effiasoft cofounders Koushik Shee and Akula Krishna Rao.

Infibeam Avenues signs MoU with IISc Bangalore

17 Mar 2025, 20:20 PM

Infibeam Avenues’s AI business unit Phronetic.AI and IISc will develop anti-deepfake technology specifically tailored for real-time video communication.

Go Digit founder-backed Valueattics becomes first private player to get reinsurer licence

17 Mar 2025, 20:11 PM

As of now, state-owned General Insurance Corporation of India (GIC Re) is the only reinsurer in the country.

Supply chain financing startup Vayana gets NBFC licence; eyes fresh funding

17 Mar 2025, 19:34 PM

Policybazaar parent PB Fintech to invest Rs 696 crore in healthcare arm

12 Mar 2025, 20:41 PM

PB Fintech would be holding up to 33.63% of PB Healthcare on a fully diluted basis.

Perfios acquires debt collections platform CreditNirvana

12 Mar 2025, 18:46 PM

The platform claims that it manages a collection portfolio exceeding $9 billion, handles over 42 million loan accounts, and supports nine types of loan portfolios.

PB Fintech's Yashish Dahiya settles insider trading case with Sebi

05 Mar 2025, 22:12 PM

PB Fintech, parent entity of Policybazaar and Paisabazaar, has settled a case of alleged insider trading with Sebi by paying Rs 9.4 lakh as settlement amount.

Fintech-focussed Prime Venture Partners announces $100 million Fund

05 Mar 2025, 22:01 PM

The VC firm is looking to invest in around 16-18 startups over the next four to five years.

M2P Fintech acquiring Mad Street Den in a distress sale

05 Mar 2025, 21:41 PM

M2P Fintech is reportedly acquiring Mad Street Den in a distress sale for approximately $10-15 million.

Jainam Broking invests $3 million in investing platform Deciml

04 Mar 2025, 16:32 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.

Restructuring at PB Fintech: Naveen Kukreja steps down as Paisabazaar CEO

28 Feb 2025, 15:04 PM

Santosh Agarwal, who is currently the chief business officer of life insurance at Policybazaar, will take over as Paisabazaar CEO.