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 Highlights

  1. Smallcase operating revenue jumps 57% to Rs 106 crore in FY25

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

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

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

  5. Groww retains top spot in brokerage race despite dip in users
  6. Read more highlights...

AI/Emerging Tech

  1. OpenAI's open model launch to take longer than expected

  2. iyO sues ex-staff after targeting OpenAI, Jony Ive

  3. Google hires Windsurf AI talent in $2.4 billion licensing deal

  4. xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

  5. Meta acquires voice AI startup PlayAI in talent push
  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