Explore the latest news, in-depth reports, and executive analysis tagged with #Fintech.
The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
PB Fintech stated that the advisory does not have any material financial impact on the company.
Shelar will focus on strengthening MOS Utility’s business ecosystem and scale its digital financial services portfolio...
The matter relates to Paytm’s December 6, 2023 announcement that it would reduce the distribution of personal loans below Rs 50,000, particularly its postpaid loans.
The offering is designed to comply with the accessibility requirements of the Reserve Bank of India (RBI) under BIS IS 17802 standards.
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
BlackSoil said it backed the transaction citing Mintoak's banking partnerships, profitable growth and scalable business model.
Talking about his fund, LPs, investment strategy, Cedar Hill Capital's founder Sahil Anand said raising capital remains challenging.
Insurance premium generated through the platform grew 41% year-on-year to Rs 8,372 crore, driven by strong growth in health and protection insurance segments.
The round also witnessed participation from existing investors Chiratae Ventures, Varanium Fintech Fund, and VCMint.
As part of the team expansion, former Divyam.ai CTO and co-founder Sudhir Reddy has joined Razorpay to lead its AI and data architecture initiatives.
The combined business generates over $30 million in annual revenue with a profitability margin exceeding 30%.
The NBFC arm, Dhanrise Finance, is scheduled to commence lending operations in October 2026.
The fintech company posted a net profit of Rs 7.6 crore in Q1 FY27, compared to a net loss of Rs 41.9 crore in the corresponding quarter last year.
In this edition, we unpack Paytm's renewed Postpaid push and what has changed since its heyday; and what Sarvam AI's appointment of frontier AI researcher Devendra Chaplot signals...
The surrender of the payments licenses comes even as Tata Digital says it is sharpening its focus on financial services.
The SoftBank-backed company's net profit, however, rose 21% increase to Rs 724 crore in FY26 from Rs 597 crore in FY25.
It processed nearly $50 billion in annual gross transaction value (GTV) and crossed 3 lakh merchant customers.
The fintech firm recorded a net profit of Rs 19.57 crore in Q1 FY27, up more than fourfold from Rs 4.79 crore in the corresponding quarter last year.
BharatPe objected to Unity Bank's proposal that sought to amend the MoA to facilitate the conversion of some 90 crore warrants into CCPS.
