Fintech

Policybazaar parent posts Rs 4977 crore revenue and Rs 345 crore profit in FY25

Policybazaar parent posts Rs 4977 crore revenue and Rs 345 crore profit in FY25

19 May 2025, 15:35 PM

The Gurugram-based company generated the largest share of its operating revenue from insurance broker services, which rose to Rs 4,298 crore in FY25.

China

China's Antfin offloads 4% stake in Paytm worth $246 million: report

13 May 2025, 14:10 PM

Antfin, which holds a 9.85% stake in One 97 Communications, has been steadily reducing its holding. In Aug 2023, it transferred around 44% of its Paytm stake to CEO Vijay Shekhar Sharma.

Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

08 May 2025, 15:49 PM

In FY25, revenue from payments services declined 37% yoy to Rs 3,879 crore; financial services revenue down 15% to Rs 1,703 crore.

General Catalyst leads $218 million seed round in PB Fintech

General Catalyst leads $218 million seed round in PB Fintech's healthcare unit

08 May 2025, 14:50 PM

The funding will be used to establish PB Health's first hospital network in the Delhi NCR and to accelerate product development and technology innovation.

Paytm

Paytm's First Games receives Rs 5,712 crore GST notice

29 Apr 2025, 14:44 PM

First Games said it will file a writ petition challenging the proposed liability of Rs 5,712 crore along with applicable interest and penalties.

PB Fintech invests Rs 539.4 crore in healthcare unit

PB Fintech invests Rs 539.4 crore in healthcare unit

25 Apr 2025, 17:45 PM

Following this round, PB Fintech’s holding in PB Healthcare will decline from 100% to 32.14% due to the entry of external investors.

MobiKwik sets up wholly-owned unit to operate as an NBFC

MobiKwik sets up wholly-owned unit to operate as an NBFC

25 Apr 2025, 17:35 PM

The Gurugram-based fintech firm will now be required to apply for an NBFC licence from the RBI in order to operate as a non-banking financial company.

PB Fintech gets RBI

PB Fintech gets RBI's in-principle nod to operate as payment aggregator

16 Apr 2025, 11:41 AM

In March 2024, the company announced incorporation of a wholly owned subsidiary under the name of 'PB Pay' to carry on the business of payment aggregator.

Fintech founders float new entity to seek RBI nod for SRO status

Fintech founders float new entity to seek RBI nod for SRO status

07 Apr 2025, 15:48 PM

Once approved, India Fintech Foundation (IFF) will be the second Fintech-SRO after Fintech Association of Consumer Empowerment (FACE).

Beams Fintech Fund participates in Infinity Fincorp’s $40 million Series A round

Beams Fintech Fund participates in Infinity Fincorp’s $40 million Series A round

02 Apr 2025, 17:29 PM

Infinity will use the capital for expanding the loan book and establishing deeper presence across the six states.

Fintech NBFCs sanctioned 8.3 crore loans worth Rs 81,365 crore between Apr-Dec 2024

Fintech NBFCs sanctioned 8.3 crore loans worth Rs 81,365 crore between Apr-Dec 2024

28 Mar 2025, 21:02 PM

However, quarter-on-quarter sanction value declined by 15% in Q3 FY24-25 compared to Q2 FY24-25.

Government sets up inter-ministerial committee on fintech

Government sets up inter-ministerial committee on fintech

18 Mar 2025, 20:35 PM

Chaired by the secretary of the department of financial services (DFS), the committee will analyze fintech’s contributions to the broader BFSI industry.

Small businesses say GSUnite duped them with false promises; company denies claims

Small businesses say GSUnite duped them with false promises; company denies claims

12 Mar 2025, 21:33 PM

Several victims allege they paid thousands to GSUnite for fintech software that was never delivered as promised.

Policybazaar parent PB Fintech to invest Rs 696 crore in healthcare arm

Policybazaar parent PB Fintech to invest Rs 696 crore in healthcare arm

12 Mar 2025, 20:41 PM

PB Fintech would be holding up to 33.63% of PB Healthcare on a fully diluted basis.

M2P Fintech sees decline in operating revenue, export income in FY24

M2P Fintech sees decline in operating revenue, export income in FY24

05 Mar 2025, 23:12 PM

The company witnessed a significant fall in its export income from Rs 19.3 crore reported in FY23 to Rs 4.6 crore in FY24.

PB Fintech

PB Fintech's Yashish Dahiya settles insider trading case with Sebi

05 Mar 2025, 22:12 PM

PB Fintech, parent entity of Policybazaar and Paisabazaar, has settled a case of alleged insider trading with Sebi by paying Rs 9.4 lakh as settlement amount.

Fintech Hightlights

  1. MobiKwik FY25 revenue jumps but swings into losses

  2. Razorpay partners with MeitY Startup Hub to empower deep-tech startups

  3. Groww agrees to acquire Fisdom in $150 million all-cash deal

  4. Vivriti Asset Management secures $20 million commitment from OeEB

  5. Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?