04 Jun 2025, 14:41 PM
The digital lender is eyeing an IPO to raise over $400 million and has reportedly appointed Axis Capital, Kotak Mahindra, and others as its banking partners.
02 Jun 2025, 17:20 PM
Performance pressure is mounting at BharatPe, triggering leadership shakeups and engineering changes ahead of its IPO, sources say.
26 May 2025, 20:56 PM
Groww has filed the pre-filed DRHP with Sebi and the stock exchanges in relation to the proposed initial public offering.
21 May 2025, 14:48 PM
Amrita Gangotra, Smita Chandramani Kumar, and Maninder Singh Juneja have been appointed as independent directors.
25 Apr 2025, 17:27 PM
Rau -- who took over as CEO of Pine Labs in March 2020 -- will also continue to serve as the CEO the Peak XV-backed fintech firm.
20 Apr 2025, 21:08 PM
The firm's name has now been updated from “PhonePe Private Limited” to “PhonePe Limited”.
20 Apr 2025, 20:55 PM
This development follows the recent approval of the merger between Razorpay Inc. and Razorpay India by the Regional Director in Hyderabad.
10 Apr 2025, 11:10 AM
On April 9, the NCLT sanctioned the scheme of amalgamation between Pine Labs Private Limited (India) and Pine Labs Limited (Singapore).
06 Apr 2025, 17:48 PM
The company has mandated ICICI Securities, UBS Securities India Private Limited and Motilal Oswal Investment Banking as lead managers for the IPO.
26 Mar 2025, 08:41 AM
If reports are to be believed then Pine Labs is eyeing a $1 billion public listing, which would comprise of issue of fresh equity shares as well as an offer for sale.
12 Mar 2025, 17:21 PM
The restructuring involves transferring the mirror shareholding in Avenues World FZ-LLC to Infibeam Avenues ME SPV Ltd, a newly formed entity in Abu Dhabi.
27 Feb 2025, 00:19 AM
PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.
21 Feb 2025, 15:14 PM
In September 2022, the company secured Sebi approval for a Rs 3350-crore ($440 million) public offering. However, the plan was shelved then.
20 Feb 2025, 23:25 PM
Two years after concluding its reverse flip from Singapore to India, payments major PhonePe said it has started preparations for IPO in India.
03 Feb 2025, 15:58 PM
The company's board has approved a resolution to change its name from 'OFB Tech Private Limited' to 'OFB Tech Limited'.
22 Jan 2025, 17:47 PM
The company is expected to proceed with an IPO this year, and may seek to raise $750 million or more at a valuation of $7-$8 billion.
24 Dec 2024, 22:48 PM
Last week, InCred Finance, the consumer and MSME lending arm of the InCred Group, appointed Gaurav Maheshwari as its chief financial officer.
24 Dec 2024, 22:18 PM
Aye Finance's largest shareholder Elevation Capital (formerly SAIF Partners) is not participating in the offer for sale.
14 Dec 2024, 05:17 AM
Aye Finance has received its board approval to launch Rs 1450 crore ($174 million) initial public offering (IPO).
11 Dec 2024, 16:28 PM
Around 21 funds invested through the anchor placement round, including around 10 domestic funds.