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Fintech

Fintech highlights of the day

Fintech highlights of the day

05 Oct 2024, 15:27 PM

Jio-BlackRock gets Sebi's in-principle nod to set up mutual fund biz; Sachin Bansal-led Navi Finserv's revenue from operations fell to Rs 1,906 crore in FY24 from Rs 2,041 crore in FY23; Paytm promotes Deependra Singh Rathore to CTO.

Pine Labs

Pine Labs' chief revenue officer quits: source

25 Sep 2024, 12:33 PM

Navnit Nakra – who previously served as OnePlus India CEO – joined the Noida-based payments company last year.

Exclusive: Amazon-backed Axio closing $20 million fundraise

Exclusive: Amazon-backed Axio closing $20 million fundraise

22 Aug 2024, 17:26 PM

The Bengaluru-based Axio (previously known as Capital Float) is close to securing $20 million in a new equity round.

What went wrong with payment aggregator plans of Stripe, Zomato?

What went wrong with payment aggregator plans of Stripe, Zomato?

04 Jun 2024, 10:23 AM

In the past six months, the RBI has granted final PA licenses to 30 companies. Out of these, one has surrendered its license, and another has put its plans on hold.

Ashneer Grover asked to submit Rs 80-cr security, title deeds of DLF Camellias property to travel to US

Ashneer Grover asked to submit Rs 80-cr security, title deeds of DLF Camellias property to travel to US

24 May 2024, 23:17 PM

The Delhi High Court also asked BharatPe's former MD to deposit his Emirates ID issued by the UAE government.

Young entrepreneurs from Pakistan raise concerns over similarity in Ashneer Grover

Young entrepreneurs from Pakistan raise concerns over similarity in Ashneer Grover's Zerope

18 Apr 2024, 16:32 PM

Pakistan-based entrepreneurs, who pitched their startup idea to Ashneer Grover last year, are shocked to see Grover launching a venture similar to their concept.

Who Reads Us

Fintech Highlights

  1. InsuranceDekho targets September DRHP filing for Rs 2,500-3,000 crore IPO

  2. Accel-backed Scripbox elevates Mohankumar Swaminathan to Chief Product Officer

  3. Avendus invests Rs 140 crore in Parag Parikh Financial Advisory Services

  4. Elevation Capital closes ninth India-focused fund at $500 million

  5. NABARD, NSDC roll out ‘Gramodyam’ to boost rural entrepreneurship
  6. Read more news...

AI/Emerging Tech

  1. E3 Electric.Ai raises Series A funding led by BluVenture Holdings

  2. Dailoqa hires former Microsoft India BFSI country head Sonali Kulkarni as partner

  3. Apple files lawsuit against OpenAI over alleged theft of product secrets

  4. OpenAI Applications Chief Fidji Simo steps down

  5. OpenAI launches GPT-5.6 family with three models
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  3. Shiprocket IPO: A profitable core, costly emerging bets

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  2. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  3. Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]

  4. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze
  5. Previous editions...

PE/VC Tales

  1. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  2. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  3. Micro VCs: Fueling India's startup pipeline or distorting it?

  4. Inside the fintech and financial services bets of Peak XV, Accel, Elevation
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]