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Payments Council of India reappoints CCAvenue

Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

21 Aug 2025, 14:46 PM

M N Srinivasu, co-founder and director, BillDesk has been re-appointed as the co-chairperson of the Payments Council of India.

Infibeam transferring e-commerce biz to subsidiary Rediff

Infibeam transferring e-commerce biz to subsidiary Rediff

08 Aug 2025, 17:00 PM

As part of this Rs 800 crore 'related-party transaction' deal, Infibeam is also increasing its stake in Rediff to 82.7%.

Infibeam Avenues posts jump in FY25 revenue and net profit

Infibeam Avenues posts jump in FY25 revenue and net profit

29 May 2025, 14:57 PM

The payment aggregator's Q4 FY25 revenue from operations increased year-over-year to Rs 1,160 crore, from Rs 716 crore in Q4FY24.

Infibeam Avenues’ Rediff.com secures UPI payments licence

Infibeam Avenues’ Rediff.com secures UPI payments licence

12 Feb 2025, 19:00 PM

This license from NPCI enables RediffPay to offer Unified Payments Interface (UPI) services to its users.

Infibeam posts 50% jump in Q3 profits

Infibeam posts 50% jump in Q3 profits

04 Feb 2025, 21:00 PM

Payment business accounted for 94% of its total revenues which stood at Rs 1,010 crore; whereas the e-commerce platform business' contributed Rs 60.3 crore.

Payment aggregator firm Infibeam posts Rs 1016 crore in Q2 revenues

Payment aggregator firm Infibeam posts Rs 1016 crore in Q2 revenues

12 Nov 2024, 22:10 PM

The company's net profit after tax rose to Rs 47.47 crore, up 16.7% from Rs 40.69 crore earned in Q2 FY24.

Who Reads Us

Fintech Highlights

  1. Paytm July-Sept revenue up 24% to Rs 2,061 crore, net profit falls

  2. MobiKwik July-Sept revenue from ops down 7% to Rs 270 crore, loss expands

  3. Groww raises Rs 2,984.5 crore from anchor investors

  4. IPO-bound Moneyview suffers Rs 49 crore loss in cyberattack

  5. Swedfund extends $20 million loan to microlender CreditAccess Grameen

  6. Read more news...

AI/Emerging Tech

  1. Wyzard.ai bags angel funding from OLX exec, Angel One group CEO, others

  2. Japanese trade body raises copyright concerns with OpenAI

  3. Lambda strikes multibillion-dollar deal with Microsoft

  4. OpenAI signs $38 billion-deal with Amazon Web Services

  5. Perplexity inks global multi-year licensing agreement with Getty Images

  6. Read more news...

IPO Tales

  1. The Bull Run Broker: Inside Groww's $7 billion IPO

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

  3. In Charts: MobiKwik plans Rs 572 crore IPO. Why its financial services play deserves attention

  4. Read more news...

Money & Machines

  1. India's subtle dance with stablecoins; Reinventing 'swadesi' in AI age

  2. The Economics of Gandhi

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

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

  5. Previous editions...

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

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