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Financials

Razorpay reports 5x growth in net profit in FY24

Razorpay reports 5x growth in net profit in FY24

05 Nov 2024, 02:38 AM

The company posted profit after tax of Rs 34 crore in FY24 as compared to Rs 7 crore in FY23.

Amazon Pay reports flat revenue growth, cuts losses in FY24

Amazon Pay reports flat revenue growth, cuts losses in FY24

05 Nov 2024, 02:28 AM

The e-commerce giant’s fintech arm reported a slight jump in its revenue from operations to Rs 2,287 crore in FY24 from Rs 2,093 crore in FY23.

Go Digit posts 3x jump in Q2 net profit

Go Digit posts 3x jump in Q2 net profit

05 Nov 2024, 02:09 AM

The insurer's profit after tax jumped 221.4% to Rs 89 crore from Rs 28 crore in Q2 FY24.

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Who Reads Us

Fintech Highlights

  1. PCI Security Standards Council ramps up India focus in first annual report

  2. Rajan Bajaj appointed as MD and CEO of Slice Small Finance Bank

  3. Razorpay taps bankers for $700 million IPO

  4. AvenuesAI revenue jumps 2.2X to Rs 2,381 Cr in Q3 FY26

  5. Aye Finance's IPO ends with lukewarm response

  6. Read more news...

AI/Emerging Tech

  1. Fractal Analytics lists on the bourses at a 3% discount

  2. Neysa becomes unicorn in new round led by Blackstone

  3. Government approves Rs 10,000 crore for Startup India Fund of Funds 2.0

  4. Anthropic raises $30 billion in Series G funding led by GIC, Coatue

  5. Amazon signals plans for AI content licensing marketplace

  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

  2. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  5. Read more news...

Money & Machines

  1. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding

  2. Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

  3. The story behind NPCI Jogeshwari & Flipkart's AI moment

  4. The return of Super Apps; Grok triggers policy rethink + Peak XV Report

  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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