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Digital payments platform PhonePe raised $100 million in primary capital from Ribbit Capital, Tiger Global, and TVS Capital Funds, at a pre-money valuation of $12 billion....
PB Fintech, the parent company of insurtech platform Policybazaar, reported a 70.6% year-on-year (YoY) drop in its consolidated net loss to INR 87.6 Cr in the...
Digital payments app Paytm’s parent One 97 Communications Ltd, reported a nearly 50% decrease in consolidated loss to Rs 392 crore in the quarter ended December...
Fintech startup Niyo has become an unexpected collateral damage a day after the Reserve Bank of India (RBI) ordered the State Bank of Mauritius (SBM) India...
Litigation and interim finance startup LegalPay acquired a minority stake in Gujarat-based non-banking financial corporation (NBFC) Padmalaya Finserve. According to the statement, the strategic partnership between...
Mumbai-based fintech unicorn PayMate India has been asked by stock exchange regulator SEBI to resubmit its draft red herring prospectus (DRHP) with updated information. On January...
Bhavik Koladiya, co-founder of BharatPe, has filed a lawsuit against his former partner and co-founder Ashneer Grover, five months after he severed ties with the startup....
Paytm Payments Bank announced on Monday that it has received final RBI approval to operate as a Bharat Bill Payment Operating Unit (BBPOU). A BBPOU may...
Fintech unicorn Groww has reportedly made a strategic investment in fintech SaaS startup Digio and acquired a minority stake in it. Digio provides businesses with digital...
The Reserve Bank of India (RBI) has requested that PayU reapply for its payment aggregator (PA) licence. For the time being, the fintech unicorn is no...
