Reverse Flip

Razorpay converts into public entity amidst reverse flipping back to India

Razorpay converts into public entity amidst reverse flipping back to India

20 Apr 2025, 20:55 PM

This development follows the recent approval of the merger between Razorpay Inc. and Razorpay India by the Regional Director in Hyderabad.

Exclusive: Pine Labs gets NCLT nod for reverse merger

Exclusive: Pine Labs gets NCLT nod for reverse merger

10 Apr 2025, 11:10 AM

On April 9, the NCLT sanctioned the scheme of amalgamation between Pine Labs Private Limited (India) and Pine Labs Limited (Singapore).

Groww’s valuation falls below $2 billion due to domicile shift back to India

Groww’s valuation falls below $2 billion due to domicile shift back to India

21 Nov 2024, 18:44 PM

If a report is to be believed then Razorpay - which is also planning to move its domicile to India - may see a similar 30-40% cut in fair market value.

Fintech Hightlights

  1. Kaleidofin raises $5.3 million round led by IDH Farmfit Fund

  2. FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages

  3. Perfios acquires health insurance tech firm IHX

  4. MobiKwik's Zaakpay gets final nod from RBI to operate as payment aggregator

  5. Paytm's First Games receives Rs 5,712 crore GST notice
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