Explore the latest news, in-depth reports, and executive analysis tagged with #Phonepe.
A year after launching ChatGPT Go in India, Sam Altman-led OpenAI has gone far beyond selling a cheaper subscription, building partnerships and local talent...
The company’s net profit increased 8.6 times to Rs 33.9 crore in Q1 FY27 from Rs 3.9 crore a year earlier.
The funding round also saw participation from existing investors including Lightspeed India Partners and Burman Family Office, among others.
The matter relates to Paytm’s December 6, 2023 announcement that it would reduce the distribution of personal loans below Rs 50,000, particularly its postpaid loans.
The funding round also saw participation from DeVC, Antler India, Panthera Peak, and a group of angel investors.
The Bengaluru-based startup will use the fresh capital to accelerate the development of enterprise-grade AI solutions and strengthen its Forward Deployed Engineer (FDE) model, among others.
The bank's asset quality improved, with gross non-performing assets (NPAs) declining to 4.36% from 6.31% and net NPAs reducing to 3.24% from 4.66% as of June 30, 2026.
The RBI clarified that Tata Sons' inclusion is subject to the outcome of its pending application for deregistration as an NBFC.
Insurance premium generated through the platform grew 41% year-on-year to Rs 8,372 crore, driven by strong growth in health and protection insurance segments.
The stake sale attracted participation from several domestic and international institutional investors, with Axis Mutual Fund and Fidelity among the key buyers.
The Bengaluru-based SaaS firm posted a net loss of Rs 9.6 crore during the quarter, compared to a net profit of Rs 0.7 crore in Q1 FY26.
The funding round also saw participation from other existing investors Peak XV Partners, RTP Global, and Z47.
The education-focused NBFC's net profit increased 31% to Rs 154.3 crore in Q1 FY27 from Rs 118 crore a year earlier.
The latest sale follows another transaction in June, when Peak XV divested 33.33 lakh shares of Go Digit for around Rs 100 crore.
The round also saw participation from Pentathlon Ventures, Silicon Road Ventures, and existing investor Titan Capital.
BharatPe objected to Unity Bank's proposal that sought to amend the MoA to facilitate the conversion of some 90 crore warrants into CCPS.
In a joint representation, seven UPI apps have raised concerns around competition, customer choice, market concentration, security, transaction success rates and operational complexity.
Simo joined OpenAI’s board in 2024 before taking charge of the newly created CEO of Applications role in 2025.
