Novus Loyalty to acquire 80.87% stake in AutoPe for Rs 105 crore
AutoPe Payment Solutions earlier used to run and manage IRCTC's i-Pay offering. The mandate is now won by another payments company.
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AutoPe Payment Solutions earlier used to run and manage IRCTC's i-Pay offering. The mandate is now won by another payments company.
The funding round saw participation from DeVC, Peercheque and Kunal Shah.
The board is scheduled to meet on September 17 to evaluate various fundraising options, including the issuance of equity shares, warrants, convertible securities, or other approved instruments.
The funding round also saw participation from Luthra Group and follow-on investments from existing investors SVL-SME Fund (managed by SBI Ventures Limited), Rainmatter Capital, and 8X Ventures Fund I.
The registration is valid from July 13, 2026, to July 12, 2029, allowing the company to distribute mutual fund products.
Alongside the models, OpenAI introduced ChatGPT Work, a productivity tool for enterprise users.
Under the agreement, BlackSoil will absorb the entire solar financing vertical, including its leadership team, technology stack, brand assets and operational framework.
The round also saw participation from All In Capital, Unisol, iSeed, and angel investors including Soumith Chintala, Adarsh Kulkarni, Ashish Kulkarni, and Vaibhav Domkundwar of Better Capital.
The debt facility is intended to strengthen the company's balance sheet and provide additional financial flexibility.
As per the DGGI, around 47 online gaming-linked entities processed transactions worth nearly Rs 1,644.96 crore through SabPaisa.
The funding round also saw participation from existing investors Unleash Capital Partners and CDM Capital.
The company will use the fresh capital to boost financing for solar energy solutions across rural India.
The funding round saw participation from IA Seed Ventures and Saka Ventures.
The partnership addresses the growing need for reliable digital trust solutions as businesses increasingly move online.
The tax issue traces back to Pine Labs' 2019 purchase of Qwikcilver Solutions.
The PCI Software Security Framework (SSF) – the global successor to legacy standard PA-DSS - helps organizations scale securely in fast-evolving payment ecosystems.
In today’s edition, we look decode the banking redux underway; and how AI companies are luring India’s billion internet users with “free” tools.
The country has proven its ability to build and scale payment infrastructure at record speed. The bigger test now is whether it can replicate that success in security...
Jio's payment aggregator arm, led by ICICI Bank veterans, is tapping deep banking ties and Reliance's war chest to take on India's biggest fintech players.
The company aims to raise around Rs 1,200 crore via the IPO, which will comprise of primary and secondary components.