07 Dec 2024, 19:08 PM
One97 Communications Singapore (Paytm Singapore), has approved sale of stock acquisition rights (SARs) held in PayPay Corporation for Rs 2,364 crore.
06 Dec 2024, 22:22 PM
The company posted a net loss of Rs 401.15 crore in FY24, compared to Rs 405.66 crore in the previous fiscal year
05 Dec 2024, 12:39 PM
Mosambee's profits grew by 86.7% to Rs 28 crore in FY24, from Rs 15 crore reported in the previous financial year.
05 Dec 2024, 11:44 AM
PB Fintech group chief executive officer Yashish Dahiya also participated in the round.
05 Dec 2024, 11:39 AM
PB Fintech will subscribe to 50,000 shares at a face value of Rs 10 per share aggregating to Rs 5 lakh, and will retain 100% ownership of the proposed entity.
02 Dec 2024, 18:49 PM
In October, the banking regulator had barred Navi Finserv and three other NBFCs to "cease and desist" from sanction and disbursal of loans.
02 Dec 2024, 16:27 PM
In October 2024, Prosus acquired a 10.65% effective interest in Mintifi Private Limited (Mintifi) for approximately $79.9 million.
30 Nov 2024, 13:56 PM
Bansal still owns about 1% of PhonePe and continues to be largest individual minority shareholder in the firm.
28 Nov 2024, 21:56 PM
In recent months, The Head and Tale has exclusively reported on other senior-level departures at PayU India, including Wibmo CEO Suresh Rajagopalan.
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.
![A top executive at PayU steps down amid leadership changes [Exclusive]](/upload/theheadandtale.com/2024/11/1732811206_payu_lead.jpg)
![[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants](/upload/theheadandtale.com/2024/11/1731475589_lazypay.jpg)
