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Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

20 Sep 2024, 19:57 PM

More than a month after the RBI’s crackdown on peer-to-peer (P2P) lending, the Lendbox-MobiKwik partnership is showing cracks, with investors facing a lack of transparency.

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.

RBI amends P2P lending guidelines

RBI amends P2P lending guidelines

16 Aug 2024, 22:27 PM

After observing some peer-to-peer lending platforms violating the RBI's guidelines, the central bank has announced modifications to the master directions of NBFC-P2P.

Timeline: WazirX’s Volatile Journey

Timeline: WazirX’s Volatile Journey

04 Aug 2024, 04:54 AM

The Head and Tale looks back at the volatile journey of WazirX and its founder Shetty to get a sense of how far the company has come and where it currently stands.

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Who Reads Us

Fintech Highlights

  1. MobiKwik July-Sept revenue from ops down 7% to Rs 270 crore, loss expands

  2. Groww raises Rs 2,984.5 crore from anchor investors

  3. IPO-bound Moneyview suffers Rs 49 crore loss in cyberattack

  4. Swedfund extends $20 million loan to microlender CreditAccess Grameen

  5. Snapmint raises $125 million in Series B funding led by General Atlantic

  6. Read more news...

AI/Emerging Tech

  1. Japanese trade body raises copyright concerns with OpenAI

  2. Lambda strikes multibillion-dollar deal with Microsoft

  3. OpenAI signs $38 billion-deal with Amazon Web Services

  4. Perplexity inks global multi-year licensing agreement with Getty Images

  5. Google to offer free Gemini AI Pro access to Jio's 5G subscribers

  6. Read more news...

Money & Machines

  1. India's subtle dance with stablecoins; Reinventing 'swadesi' in AI age

  2. The Economics of Gandhi

  3. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  4. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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