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Kotak Mahindra Bank

From Promise to Pause: The untold story of Mahindra’s digital finance dream

From Promise to Pause: The untold story of Mahindra’s digital finance dream

28 Apr 2025, 04:04 AM

How internal challenges and shifting priorities derailed Mahindra Finance’s ambition to mirror Bajaj Finance’s success in digital lending.

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.

RBI lifts ban on Kotak Mahindra Bank nearly after 10 months

RBI lifts ban on Kotak Mahindra Bank nearly after 10 months

13 Feb 2025, 23:46 PM

In April last year, the RBI restricted Kotak Mahindra Bank from onboarding new customers through online channels and issuing new credit cards.

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

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.

Fintech Hightlights

  1. PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

  2. Kamath brothers pick minority stake in InCred Holdings

  3. PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

  4. Cross-border payments startup Aspora bags $53 million in Series B funding

  5. Mahaveer Finance raises Series C funding from Elevation Capital, others

  6. Read more highlights...

AI/Emerging Tech

  1. At a Glance: AI Data Labeling companies beyond Scale AI

  2. Darwix AI bags seed funding

  3. Google plans to snap ties with Scale AI after Meta's "significant" investment

  4. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  5. 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

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