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Investment

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 00:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

Hitachi Payment invests in Spydra Technologies

Hitachi Payment invests in Spydra Technologies

12 Feb 2025, 23:38 PM

The company aims to develop and introduce offerings in the domains of Web 3.0, Central Bank Digital Currency (CBDC) and blockchain technology.

Paytm invests $1 million to pick 25% stake in Brazil-based fintech

Paytm invests $1 million to pick 25% stake in Brazil-based fintech

03 Feb 2025, 16:22 PM

This investment would help in understanding the merchants' business landscape and opportunity in the Brazilian market, Paytm said.

Scammers impersonate investment apps amid rising fraud

Scammers impersonate investment apps amid rising fraud

09 Dec 2024, 15:13 PM

Scammers are on the rise, targeting trusted names like Paytm Money, Zerodha, Groww, and Aditya Birla with fake apps designed to deceive investors.

Razorpay plans to invest in 50 startups through its venture investment initiative

Razorpay plans to invest in 50 startups through its venture investment initiative

13 Nov 2024, 14:40 PM

The initiative, launched in partnership with Peak XV and Lightspeed, targets sectors like fintech, e-commerce, healthcare, and education.

BharatPe rebrands 12%Club as Invest BharatPe

BharatPe rebrands 12%Club as Invest BharatPe

05 Nov 2024, 02:13 AM

The new investment app hosts two offerings – digital gold and fixed deposits.

Who Reads Us

Fintech Highlights

  1. Accel raises $5 billion across new funds to double down on AI, late-stage bets

  2. Pocketful appoints former Bajaj Broking exec as CEO

  3. PayU introduces AI-powered voice assistant for merchant onboarding

  4. RBI returns Ujjivan SFB's application to transition into universal bank

  5. Decentro launches Banking Connect integration amid DGGI scrutiny
  6. Read more news...

AI/Emerging Tech

  1. Pentathlon Ventures leads seed funding in Intellithink

  2. Google rolls out Gemini's Personal Intelligence feature in India

  3. GobbleCube raises Series A funding led by Susquehanna

  4. TraqCheck raises Series A funding led by IvyCap Ventures

  5. OpenAI acquires AI personal finance startup Hiro
  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. 'Guilty, until proven innocent'; The ARR illusion

  2. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  3. Fintechs' Dubai Dream; Founders' AI Second Act

  4. A CEO arrested, hearing delayed; Sarvam's AI pitch
  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]