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BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

25 Jul 2025, 12:17 PM

The ED has filed a complaint against Simpl and its founder Nithya Nand Sharma for allegedly violating FEMA provisions.

BNPL startup Snapmint swings to net profit in FY25: report

BNPL startup Snapmint swings to net profit in FY25: report

16 Jul 2025, 14:27 PM

Snapmint's revenue from operations increased to Rs 158.5 crore during the fiscal from Rs 88.5 crore in FY24.

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

13 Nov 2024, 15:26 PM

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.

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Fintech Highlights

  1. InvoiceCloud appoints Biju Davis as Senior Vice President, India site leader

  2. BharatPe appoints Paytm's Ajit Kumar as CTO

  3. Yubi FY25 revenue up 36% to Rs 660 crore, net loss expands

  4. Niyo FY25 revenue up 32% to Rs 123.4 crore, narrows losses

  5. WazirX to resume operations from October 24

  6. Read more news...

AI/Emerging Tech

  1. Anthropic expands deal with Google worth tens of billions of dollars

  2. OpenAI buys Software Applications

  3. Uniphore secures $260 million in Series F funding from Nvidia, AMD, others

  4. UnifyApps raises $50 million in Series B funding led by WestBridge Capital

  5. India proposes rules to label AI content amid growing deepfake fears

  6. Read more news...

Money & Machines

  1. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  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?

  5. Previous editions...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

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