Tiger Global

Plum Insurance posts Rs 41 crore in operating revenue in FY24

Plum Insurance posts Rs 41 crore in operating revenue in FY24

08 Dec 2024, 00:22 AM

The Tiger Global-backed Plum Insurance saw its losses decline by 54% to Rs 25.5 crore from Rs 55 crore in FY23.

SoftBank-funded OfBusiness hires top bankers for IPO in 2025

SoftBank-funded OfBusiness hires top bankers for IPO in 2025

21 Nov 2024, 18:05 PM

The B2B marketplace and fintech lender OfBusiness has appointed Axis Capital, Morgan Stanley, JPMorgan, Citigroup and Bank of America for its $1 billion IPO.

IndMoney

IndMoney's revenue from operations surges to Rs 70 crore in FY24

18 Nov 2024, 16:18 PM

The Gurugram-based wealth-based fintech witnessed its losses grow to Rs 82.55 crore in FY24 from Rs 73.87 crore in FY23.

Fintech Hightlights

  1. PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

  2. Kamath brothers pick minority stake in InCred Holdings

  3. PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

  4. Cross-border payments startup Aspora bags $53 million in Series B funding

  5. Mahaveer Finance raises Series C funding from Elevation Capital, others
  6. Read more highlights...

AI/Emerging Tech

  1. At a Glance: AI Data Labeling companies beyond Scale AI

  2. Darwix AI bags seed funding

  3. Google plans to snap ties with Scale AI after Meta's "significant" investment

  4. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  5. 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