23 Feb 2025, 20:43 PM
Founded in 2021 by Ravi Jain and Sandeep Garg, Blostem is a B2B banking infrastructure platform specializing in Fixed Deposit (FD) aggregation.
04 Feb 2025, 13:41 PM
MobiKwik posted a net loss of Rs 55 crore, compared to a loss of Rs 3.6 crore during Q2FY25; and a profit of Rs 5 crore posted a year earlier.
24 Jan 2025, 20:18 PM
Chandan Joshi, co-founder and CEO-payments division has resigned, effective from January 24, 2025, due to personal reasons.
07 Jan 2025, 19:13 PM
MobiKwik and Lendbox struck a deal where MobiKwik gave up Rs 24 cr in income for Q1 FY25, and in return, Lendbox waived Rs 42 cr in facilitation fees. These adjustments impacted MobiKwik's current quarter's revenue and expenses.
11 Dec 2024, 11:58 AM
Around 21 funds invested through the anchor placement round, including around 10 domestic funds.
06 Dec 2024, 21:12 PM
While the company has disclosed financials till Q1FY25, the FY25Q2 and FY25Q3 will give a clear view on the performance of MobiKwik.
20 Sep 2024, 16:27 PM
More than a month after the RBI’s crackdown on peer-to-peer (P2P) lending, the Lendbox-MobiKwik partnership is showing cracks, with investors facing a lack of transparency.
24 Jul 2024, 03:43 AM
The much-coveted payment aggregator license maybe losing its sheen as it has turned into a regulatory nightmare for some.
