M2p Fintech

M2P Fintech sees decline in operating revenue, export income in FY24

M2P Fintech sees decline in operating revenue, export income in FY24

05 Mar 2025, 23:12 PM

The company witnessed a significant fall in its export income from Rs 19.3 crore reported in FY23 to Rs 4.6 crore in FY24.

M2P Fintech acquiring Mad Street Den in a distress sale

M2P Fintech acquiring Mad Street Den in a distress sale

05 Mar 2025, 21:41 PM

M2P Fintech is reportedly acquiring Mad Street Den in a distress sale for approximately $10-15 million.

Fintech Highlights

  1. RBI committee proposes AI framework for financial services sector

  2. Slice launches second UPI-integrated branch in Gurugram

  3. BharatPe in advanced talks to raise $80-$100 million in pre-IPO round

  4. ICICI hikes minimum balance requirement; Draws flak from Kotak exec

  5. BharatPe reports adjusted profit before tax of Rs 6 crore in FY25
  6. Read more news...

AI/Emerging Tech

  1. xAI co-founder Igor Babuschkin steps down to launch own venture

  2. Anthropic acquires team behind Humanloop

  3. Perplexity AI launches bold pitch to buy Google's Chrome for $34.5 billion

  4. AI unicorn Fractal Analytics files draft papers for IPO

  5. Nvidia, AMD agree to pay 15% of high-end AI chip revenue from China to US govt
  6. Read more news...

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