Banks

Digital lender Kissht plans $225 million IPO; appoints investment banks

Digital lender Kissht plans $225 million IPO; appoints investment banks

06 Apr 2025, 17:48 PM

The company has mandated ICICI Securities, UBS Securities India Private Limited and Motilal Oswal Investment Banking as lead managers for the IPO.

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 00:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

RBI sets up committee to evaluate universal banks, SFB applications

RBI sets up committee to evaluate universal banks, SFB applications

21 Jan 2025, 03:47 AM

The Standing External Advisory Committee has been set up by RBI to assess the eligibility of applicants seeking to operate as universal banks and small finance banks.

RBI allows small finance banks to offer credit line on UPI

RBI allows small finance banks to offer credit line on UPI

07 Dec 2024, 02:36 AM

RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.

Phi Commerce launches debt collection tool for banks and NBFCs

Phi Commerce launches debt collection tool for banks and NBFCs

23 Oct 2024, 18:06 PM

CollectiPhi-360 enables lenders to manage automated, doorstep, offline, partial, and bulk collections.

Who Reads Us

Fintech Highlights

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  2. Razorpay partners with NPCI International to launch UPI payments in Malaysia

  3. General Atlantic doubles its PhonePe holding to 9% via $600 million secondary deal

  4. Jupiter raises $15 million from existing investors Mirae Asset, Beenext, 3one4

  5. Drip Capital raises $50 million debt funding from Toronto-Dominion Bank
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AI/Emerging Tech

  1. Mem0 raises $24 million from Kindred Ventures, Basis Set, Peak XV

  2. Cameo sues OpenAI for trademark infringement

  3. OpenAI completes recapitalization to form for-profit corp

  4. Amazon cutting 14,000 corporate jobs amid AI wave

  5. PayPal partners with OpenAI to enable payments within ChatGPT
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Money & Machines

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  2. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  3. RBI brings the wild west under regulatory fold; Hello, AI friend

  4. The same fate of two digital lending posterboys; Healthcare not AI ready?
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Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar