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Navi loses Rs 14 crore to payment gateway scam

Navi loses Rs 14 crore to payment gateway scam

22 Jan 2025, 17:20 PM

Scammers posed as customers and misused a bug and cheated the company of Rs 14.26 crore in 14 days in December, 2024.

PhonePe ends partnership with Juspay; plans direct integrations with merchants

PhonePe ends partnership with Juspay; plans direct integrations with merchants

02 Dec 2024, 17:47 PM

Around 15% of PhonePe’s payment gateway volume is currently being processed through Juspay.

Razorpay reports 5x growth in net profit in FY24

Razorpay reports 5x growth in net profit in FY24

05 Nov 2024, 02:38 AM

The company posted profit after tax of Rs 34 crore in FY24 as compared to Rs 7 crore in FY23.

Who Reads Us

Fintech Highlights

  1. BharatPe appoints industry veteran Anil Kishora to Unity Small Finance Bank board

  2. Yubi raises fresh funding from EvolutionX Debt Capital, founder

  3. PayU India gets RBI nod for all three payments licences

  4. Acko FY25 revenue up 35% to Rs 2,836 crore, net loss narrows

  5. Infibeam Q2 revenue up 93% to Rs 1,965 crore

  6. Read more news...

AI/Emerging Tech

  1. Lambda raises $1.5 billion in Series E funding led by TWG Global

  2. Google launches its "most intelligent model" Gemini 3

  3. Jeff Bezos takes co-CEO role at new AI venture

  4. Axirium Aerospace bags seed funding led by Shastra VC, Beenext

  5. Japan's Sakana AI secures $135 million in Series B funding

  6. Read more news...

IPO Tales

  1. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  2. The Bull Run Broker: Inside Groww's $7 billion IPO

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  4. In Charts: MobiKwik plans Rs 572 crore IPO. Why its financial services play deserves attention

  5. Read more news...

Money & Machines

  1. Two crises, one theme — how tech is testing fintech and journalism

  2. Bankers Test the Market; OpenAI Tests the Law + Funding Exclusive

  3. India's Banking Redux; In AI's world, you're the lunch that's free

  4. India's subtle dance with stablecoins; Reinventing 'swadesi' in AI age

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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