21 Nov 2024, 13:16 PM
Nish Kotecha will guide the digital payments company in its IPO planned in the next 12 months.
21 Nov 2024, 12:38 PM
The startup plans to utilize the fresh capital for growing its lending business vertical, developing multiple new products and hiring.
21 Nov 2024, 12:11 PM
The company reported Rs 1,009 crore in revenue for FY23. However, when it filed its FY24 financials, the FY23 numbers were reflected as Rs 10.22 crore only.
18 Nov 2024, 18:33 PM
MakeMyTrip has signed a business transfer agreement to acquire Happay, which was previously acquired by Cred in a $180 million deal in 2021.
18 Nov 2024, 11:48 AM
The Gurugram-based wealth-based fintech witnessed its losses grow to Rs 82.55 crore in FY24 from Rs 73.87 crore in FY23.
14 Nov 2024, 18:10 PM
About 40% of founders prefer venture debt over traditional debt and equity as it is less dilutive, while 30% sees the repayment schedule flexibility as a significant factor.
14 Nov 2024, 15:36 PM
Prosus said in a statement that it had gained $2 billion on its investment in the food delivery and quick commerce firm.
13 Nov 2024, 20:43 PM
The net profit reached Rs 18.5 crore during the quarter compared to Rs 7.78 crore reported in Q2 FY24.
13 Nov 2024, 10:56 AM
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.
13 Nov 2024, 10:10 AM
The initiative, launched in partnership with Peak XV and Lightspeed, targets sectors like fintech, e-commerce, healthcare, and education.
12 Nov 2024, 20:10 PM
The Peak XV-backed company saw its net losses go down to Rs 275.9 crore in FY24 compared to Rs 327 crore in FY23.
11 Nov 2024, 16:37 PM
As part of the September 30 settlement, BharatPe has withdrawn both civil and criminal complaint against Grover and his family.
11 Nov 2024, 12:32 PM
Perfios reported Rs 71.7 crore in profit after tax, up from Rs 7.79 crore in FY23.
07 Nov 2024, 19:48 PM
The company posted a net profit of Rs 51 crore in the September quarter compared to Rs 60 crore profit recorded in the June quarter.
04 Nov 2024, 22:15 PM
The fintech startup Slice announced the merger proposal in October 2023, and it received approval from the NCLT, along with necessary regulatory approvals,
04 Nov 2024, 21:58 PM
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.
24 Oct 2024, 14:29 PM
The unauthorized use of UPI IDs include, accessing customer names, bank account statuses, alternate UPI IDs, and verify customer mobile numbers.
23 Oct 2024, 14:34 PM
The deal, which includes an investment of up to Rs 252 crore ($30 million), is awaiting regulatory approval.
23 Oct 2024, 14:23 PM
The top-performing sectors in Q3 2024 included alternative lending, investment tech, and payments.
23 Oct 2024, 14:01 PM
Acko reduced its losses by 9.3% to Rs 670 crore in FY24, down from Rs Rs 738.5 crore the year before.