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What led Google-backed DotPe to shut down its lending unit

What led Google-backed DotPe to shut down its lending unit

23 May 2025, 03:35 AM

DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…

SME lender Lendingkart sees marginal fall in FY24 profit

SME lender Lendingkart sees marginal fall in FY24 profit

26 Nov 2024, 23:36 PM

Revenue from co-lending - which accounted for 54% of the operating revenue - jumped by 88% to Rs 591 crore in FY24.

Metal card startup OneCard raising $28 million in new funding round

Metal card startup OneCard raising $28 million in new funding round

26 Nov 2024, 23:13 PM

The company has already secured $8.5 million (Rs 71.4 crore) with the rest to come in one or more tranches.

Fintech Highlights

  1. Paytm to become AI-first company: Vijay Shekhar Sharma

  2. Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

  3. Go Digit gets High Court relief on Rs 170 crore GST demand for now

  4. Groww retains top spot in brokerage race despite dip in users

  5. PhonePe, Google Pay command 82% of UPI transaction volumes

  6. Read more highlights...

AI/Emerging Tech

  1. Ex-Intel CEO launches new AI benchmark focussed on human values

  2. Microsoft's BioEmu AI to advance drug discovery, says Satya Nadella

  3. Google rolls out photo-to-video feature in Gemini

  4. RealSense spins out from Intel; raises $50 million to drive next-gen AI vision in robotics

  5. Huawei eyes AI chip push in Middle East, Southeast Asia

  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

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