Vijay Agicha

Cred raises $72 million led by GIC in a downround

Cred raises $72 million led by GIC in a downround

11 Jun 2025, 14:22 PM

The investment was made at a valuation of $3.5 billion, much lower than the valuation of $6.4 billion when they last raised capital in 2022.

Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww

Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww

19 May 2025, 15:45 PM

This development comes as Groww prepares for a pre-IPO fundraising round aiming to secure approximately $200 million.

Exclusive: PayU chief business officer Sudhir Sehgal quits

Exclusive: PayU chief business officer Sudhir Sehgal quits

07 Jan 2025, 17:02 PM

His exit adds to a series of high-profile leadership exits at PayU over last couple of months.

A top executive at PayU steps down amid leadership changes [Exclusive]

A top executive at PayU steps down amid leadership changes [Exclusive]

29 Nov 2024, 02:26 AM

In recent months, The Head and Tale has exclusively reported on other senior-level departures at PayU India, including Wibmo CEO Suresh Rajagopalan.

Fintech Highlights

  1. Pine Labs to rope in Avendus executive as CFO

  2. MobiKwik enters stock broking business

  3. Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

  4. At a Glance: Fintechs rule personal loan volume, but bank-like on gender thinking

  5. American Express to discontinue Amex Pay from July 31
  6. Read more highlights...

AI/Emerging Tech

  1. Sutskever steps into CEO role at own startup after Meta poaches Daniel Gross

  2. Elon Musk's xAI raises $10 billion to boost Grok platform

  3. Amazon introduces new generative AI model as it deploys 1 millionth robot

  4. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  5. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case