Pos

Pine Labs files draft papers for IPO

Pine Labs files draft papers for IPO

26 Jun 2025, 16:37 PM

The public offer comprises of fresh issue of shares worth Rs 2,600 crore ($304 million) and an offer for sale (OFS) of up to 14.78 crore shares.

Mswipe posts flat revenue in FY24; payments biz turns profitable

Mswipe posts flat revenue in FY24; payments biz turns profitable

02 Jan 2025, 18:14 PM

On consolidated basis, Mswipe saw marginal fall in its losses at Rs 46.2 crore in FY24, from Rs 49 crore reported in FY23.

Mosambee FY24 profit surges 86% to Rs 28 crore

Mosambee FY24 profit surges 86% to Rs 28 crore

05 Dec 2024, 17:09 PM

Mosambee's profits grew by 86.7% to Rs 28 crore in FY24, from Rs 15 crore reported in the previous financial year.

Innoviti ropes in Nish Kotecha to its advisory board

Innoviti ropes in Nish Kotecha to its advisory board

21 Nov 2024, 17:46 PM

Nish Kotecha will guide the digital payments company in its IPO planned in the next 12 months.

BharatPe rebrands 12%Club as Invest BharatPe

BharatPe rebrands 12%Club as Invest BharatPe

05 Nov 2024, 02:13 AM

The new investment app hosts two offerings – digital gold and fixed deposits.

Exclusive: ICICI Bank

Exclusive: ICICI Bank's new merchant acquiring strategy

08 Aug 2024, 10:49 AM

In what you can call “the empire strikes back”, a senior banker sees this development signalling a new market trend of traditional financial institutions...

Fintech Highlights

  1. Pine Labs to rope in Avendus executive as CFO

  2. MobiKwik enters stock broking business

  3. Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

  4. At a Glance: Fintechs rule personal loan volume, but bank-like on gender thinking

  5. American Express to discontinue Amex Pay from July 31
  6. Read more highlights...

AI/Emerging Tech

  1. Elon Musk's xAI raises $10 billion to boost Grok platform

  2. Amazon introduces new generative AI model as it deploys 1 millionth robot

  3. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  4. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  5. At a Glance: AI Data Labeling companies beyond Scale AI
  6. 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