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Lenskart IPO: Franchisees complain to SEBI over disclosure lapses

Lenskart IPO: Franchisees complain to SEBI over disclosure lapses

28 Aug 2025, 16:18 PM

The complaint accuses Lenskart of suppressing details of criminal proceedings, misrepresenting financial records, and misleading investors in its IPO papers.

Paytm approves investments in Paytm Money, Paytm Services, discontinues real money gaming biz

Paytm approves investments in Paytm Money, Paytm Services, discontinues real money gaming biz

26 Aug 2025, 11:27 AM

Paytm has approved investments of up to Rs 300 crore in Paytm Money and Rs 155 crore in Paytm Services through rights issues.

Mahaveer Finance raises Series C funding from Elevation Capital, others

Mahaveer Finance raises Series C funding from Elevation Capital, others

19 Jun 2025, 11:55 AM

The fresh capital will be used to boost its presence in southern India, enhance its proprietary credit infrastructure, and expand its lending to underbanked customer segments.

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.

Scoop Confirmed! ICICI Bank exiting merchant acquiring JV

Scoop Confirmed! ICICI Bank exiting merchant acquiring JV

14 Dec 2024, 06:19 AM

In August, The Head and Tale was the first to report that ICICI Bank has terminated its exclusive merchant acquiring agreement with ICICI Merchant Services (IMSPL).

UPI frauds: 6.32 lakh fraud cases worth Rs 485 crore in April-September

UPI frauds: 6.32 lakh fraud cases worth Rs 485 crore in April-September

26 Nov 2024, 22:45 PM

According to the data revealed by the Ministry of Finance in a reply to Parliament, UPI fraud incidents surged by 85% in FY24.

Fintech Highlights

  1. Stock broker Groww gets Sebi nod for $1 billion IPO

  2. PCI Security Standards Council sets up first India-South Asia regional engagement board

  3. Aye Finance net profit halves to Rs 30 crore in June quarter

  4. TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners

  5. Arohan Financial Services appoints Milind Nare as Deputy CEO, Ketan Agrawal as Deputy CFO
  6. Read more news...

AI/Emerging Tech

  1. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  2. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

  3. Meta strikes licensing deal with Midjourney

  4. OpenAI warns against unauthorized investment vehicles

  5. Google inks cloud computing deal worth $10 billion with Meta
  6. Read more news...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality