Temasek

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, 23:12 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. IPO-bound SME lender Aye Finance posts Rs 1500 crore in revenue in FY25

  2. MSME lender Kinara Capital hit by liquidity crisis after lenders set off Rs 81 crore

  3. UPI transactions hit record 19.47 billion in July

  4. Shark Tank startup Plus Gold shuts shop

  5. Software engineer held in connection with $44 million CoinDCX crypto hack
  6. Read more news...

AI/Emerging Tech

  1. Mistral in talks to raise $1 billion

  2. Apple creates new team to build ChatGPT-like app

  3. Google rolls out Deep Think for Gemini app

  4. SiMa.ai raises $85 million led by Maverick Capital

  5. AI startup Anaconda raises $150 million in Series C led by Insight Partners
  6. Read more news...

Editor's Pick

  1. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  2. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained