Layoff

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

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

23 May 2025, 03:35 AM

DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 15:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

13 Nov 2024, 15:26 PM

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.

PayU lays off close to 100 employees from credit team: sources

PayU lays off close to 100 employees from credit team: sources

27 Sep 2024, 12:39 PM

Of the total employees asked to leave, 30 were from its Gurugram office and the remaining from its Mumbai and Bengaluru teams.

Fintech Highlights

  1. Ex-Niyo team floated fintech startup Belong bags seed funding led by Elevation

  2. Credit Wise Capital secures Rs 200 crore funding led by Trident Growth Partners

  3. InPrime Finserv bags fresh funding led by Pravega Ventures

  4. Sahil Kini appointed as CEO of Reserve Bank Innovation Hub

  5. Pine Labs to rope in Avendus executive as CFO
  6. Read more highlights...

AI/Emerging Tech

  1. OpenAI hires from Meta, xAI, Tesla in escalating battle for AI talent

  2. Google rolls out AI Mode in India amid competition from ChatGPT, others

  3. Meta hires Apple's top AI executive to beef up superintelligence team: report

  4. Capgemini to buy WNS for $3.3 billion in Agentic AI push

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