Search result for 'fintech'

Maharashtra Surpasses Bengaluru as Startup Capital: Fadnavis

January 17, 2025 17:37

Maharashtra has overtaken Bengaluru as India's leading startup hub, driven by strong government support and a thriving tech ecosystem.

MobiKwik Partners Piramal Finance for Personal Loans

January 16, 2025 21:00

MobiKwik has partnered with Piramal Finance to offer personal loans to its users through its digital platform. The partnership aims to address the credit needs of millions of Indians.

India, Singapore Strengthen Ties: FM Meets President, Discusses Strategic Partnership

January 16, 2025 18:17

India's Finance Minister Nirmala Sitharaman met with Singapore's President Tharman Shanmugaratnam, discussing the Comprehensive Strategic Partnership and expanding bilateral relations in areas like...

India's Economy to Be 4th Largest by 2026: PHDCCI

January 15, 2025 16:32

PHDCCI predicts India's economy will become the world's 4th largest by 2026, surpassing Japan, with GDP growth projected at 6.8% in FY25 and 7.7% in FY26.

BharatPe Targets 30% Revenue Growth, IPO in 18-24 Months

January 14, 2025 18:09

BharatPe aims for 30% revenue growth in FY25 and an IPO in 18-24 months. The fintech firm is also focusing on profitability and launching new products.

Fintech Personal Loans Drop 10% in Q2: FACE

January 13, 2025 18:55

Fintechs' personal loan portfolio decreased by 10% in Q2, while NPAs rose, according to FACE. Read about the latest trends in the fintech lending market.

India Fintech Funding: 3rd Globally, Down 33% in 2024

January 13, 2025 12:39

Despite a 33% decline, India remained the 3rd largest recipient of fintech funding globally in 2024, reaching $1.9 billion. Digital lending dominated funding, while late-stage funding took the...

Fintech Tide Targets 10 Lakh MSMEs by 2025: New AI Solutions

January 9, 2025 14:27

Tide, a business financial platform for MSMEs, aims to onboard 5 lakh more businesses by 2025, reaching 10 lakh members. It's expanding its services with AI-powered solutions, including savings,...

Women-Centric Fintech Startups: RBIH & IIMA Launch Swanari TechSprint 3.0

January 9, 2025 14:05

Reserve Bank Innovation Hub and IIMA Ventures launch Swanari TechSprint 3.0 to support women-centric fintech startups in India, providing mentorship, grants, and funding opportunities.

Fintechs urged to innovate, comply: DFS Secy

January 7, 2025 22:01

Financial Services Secretary M Nagaraju encourages fintech companies to deliver innovative solutions while adhering to strict regulatory compliance, highlighting government and RBI initiatives.

Accel Raises $650 Million for Indian Startups: AI, Fintech, Consumer, Manufacturing

January 6, 2025 12:33

Accel, a leading VC firm, announces a USD 650 million fund for early-stage startups in India and Southeast Asia, focusing on AI, consumer, fintech, and manufacturing.

OfBusiness to Invest Rs 3k Cr in Steel Biz Expansion

January 5, 2025 10:43

OfBusiness, a b2b commerce and fintech startup, plans to invest Rs 3,000 crore to double its steel business to 4MTPA in the next three years. The company aims to expand its steel operations and...

Peak XV Sells MobiKwik Stake for Rs 82 Cr

December 26, 2024 20:24

Peak XV Partners has divested a 1.5% stake in MobiKwik for Rs 82 crore through an open market transaction. The deal reduces Peak XV's holding in the fintech company to 1.26%.

RBI Forms AI Ethics Panel for Financial Sector

December 26, 2024 15:44

The Reserve Bank of India has formed an eight-member committee to develop a framework for ethical and responsible use of AI in the financial sector, focusing on risks and compliance.

Aurionpro Acquires Fenixys for Rs 90 cr: Expands European Fintech Footprint

December 24, 2024 18:27

Aurionpro Solutions acquires Paris-based Fenixys for Rs 90 crore, strengthening its banking and fintech presence in Europe and the Middle East.

PM Modi Concludes Successful Kuwait Visit, Elevates Ties to Strategic Partnership

December 22, 2024 19:48

Prime Minister Narendra Modi concluded his two-day visit to Kuwait, elevating bilateral ties to a strategic partnership. The visit focused on boosting cooperation in IT, pharmaceuticals, and...

Mumbai & Dubai: Top Travel Destinations in 2024 | Paytm

December 19, 2024 22:04

Paytm reveals Mumbai and Dubai as top travel destinations in 2024, with a surge in concert travel and bus bookings by younger generations. Read about the key travel trends.

Last-Minute Travel Boom: Nearly Half of Indian Travelers Booked Flights Within a Week

December 19, 2024 14:29

A new report reveals that nearly half of Indian international travelers made last-minute flight bookings in 2024, highlighting the trend of spontaneous travel and the growing popularity of...

Mobikwik Systems Stock Soars 58% on Debut

December 18, 2024 10:30

One Mobikwik Systems' stock made a strong market debut, jumping over 58% on Wednesday. The fintech firm's IPO was heavily oversubscribed, indicating strong investor confidence.

Prime Securities Acquires Stake in Ark Neo Financial Services

December 16, 2024 22:18

Prime Securities has acquired a majority stake in fintech Ark Neo Financial Services for Rs 7 crore. The company will infuse capital into Ark Neo by subscribing to optionally convertible debentures.

MobiKwik IPO Oversubscribed 119.38 Times

December 13, 2024 19:03

One MobiKwik Systems'' IPO received a whopping 119.38 times subscription, with strong participation from retail, institutional, and non-institutional investors.

ISG Gets RBI Nod as Payment Aggregator

December 13, 2024 14:37

In-Solutions Global (ISG), backed by JP Morgan, receives full authorisation from RBI as a payment aggregator, strengthening its position to power enterprises and SMBs with innovative payment...

MobiKwik IPO Oversubscribed 20.37 Times: Retail Investors Lead

December 12, 2024 18:36

One MobiKwik Systems IPO received 20.37 times subscription on Day 2, driven by strong retail and non-institutional investor interest. Learn more about the IPO details and subscription status.

Equirus Wealth Hits Rs 10,000 Crore AUM, Targets Rs 50,000 Crore by 2028

December 11, 2024 14:05

Equirus Wealth has crossed Rs 10,000 crore in AUM in just 18 months and aims to reach Rs 50,000 crore by 2028. The firm offers diverse investment solutions for HNIs and Ultra HNIs.

MobiKwik IPO Fully Subscribed: Fintech Company Raises Rs 572 Crore

December 11, 2024 12:07

One MobiKwik Systems'' IPO fully subscribed within an hour, raising Rs 572 crore. The issue received 1.82 times subscription, with strong retail interest.

MobiKwik IPO: Rs 257 Cr Raised from Anchor Investors

December 10, 2024 21:59

MobiKwik, a fintech firm, has raised Rs 257 crore from anchor investors ahead of its IPO. The company plans to use the funds for growth in its financial services business, payment services, and...

Indian Graduate Employability Rises to 54.81%: Report

December 10, 2024 20:11

Indian graduate employability has increased to 54.81%, driven by rising talent demand and focus on emerging technologies. This shift reflects India's commitment to building a future-ready workforce.

FinBox: Building Fintech Backbone for India & APAC | AWS powered

December 9, 2024 13:59

FinBox, a leading credit intelligence & infrastructure platform, aims to become the backbone for innovative fintech experiences across India and APAC, powered by AWS.

Paytm Shares Hit 52-Week High: Up Over 3%

December 9, 2024 11:19

Paytm shares surged over 3% on the bourses, hitting a 52-week high after the company approved the sale of its stake in Softbank group's fintech firm PayPay Corporation.

IPO Frenzy Next Week: 11 Companies to Raise Rs 18,500 Cr

December 8, 2024 12:54

11 companies, including Vishal Mega Mart, Sai Life Sciences, and Mobikwik, are set to launch IPOs next week, aiming to raise nearly Rs 18,500 crore. The IPO market is bustling with activity across...

UPI Expands Credit Access for Underserved Borrowers: Study

December 7, 2024 18:53

A study reveals UPI's impact on expanding credit access for underserved borrowers in India, enabling them to build financial history and access loans.

Paytm Sells PayPay Stock Rights for Rs 2,364 cr

December 7, 2024 13:55

Paytm's Singapore arm has sold its Stock Acquisition Rights in Japan's PayPay to Softbank Vision Fund 2 for Rs 2,364 crore, valuing PayPay at USD 3.8 billion.

Paytm Sells PayPay Stake for Rs 2,000 Crore

December 6, 2024 19:13

Paytm's parent company, One97 Communications, has approved the sale of its 7.2% stake in Japanese fintech firm PayPay Corporation, valued at approximately Rs 2,000 crore.

RBI Credit Policy Balances Inflation, Growth - Experts

December 6, 2024 19:01

Experts weigh in on RBI's credit policy, highlighting the balance between inflation control and growth. CRR cut seen as a positive for the economy.

Sonu Bhasin's Lala Shri Ram Bio Wins Gaja Capital Book Prize

December 6, 2024 16:58

Sonu Bhasin's biography of Lala Shri Ram, 'Entrepreneurs Who Built India', wins the 2024 Gaja Capital Business Book Prize for its contribution to Indian business literature.

RBI Cuts CRR, Experts See Growth Support

December 6, 2024 15:57

The Reserve Bank of India's credit policy kept interest rates unchanged, but cut the CRR to support growth. Experts weigh in on the implications for the economy.

MODIFI Targets 5,000 SME Finance in India

December 3, 2024 16:24

Fintech company MODIFI aims to finance 5,000 SMEs in India over the next 2-3 years, investing $15 million to fuel growth and expand its workforce.

RBI Cancels Zavron Finance Registration: Irregular Lending Practices

December 2, 2024 19:09

The Reserve Bank of India (RBI) has canceled the registration of Nagpur-based Zavron Finance due to violations of lending guidelines, including outsourcing core functions and failing to provide...

Indo-European Business Forum Honors Fintech, AI Leaders

November 30, 2024 17:32

The Indo-European Business Forum (IEBF) awarded top entrepreneurs in fintech and AI at its annual meet in London, highlighting cross-border partnerships and India's economic growth.

CarDekho Group Turns Profitable in FY24, Posts Rs 37 Cr Profit

November 28, 2024 19:07

CarDekho Group reports Rs 37 crore profit in FY24, a turnaround from losses in FY23. The growth is attributed to its insuretech and fintech platforms, InsuranceDekho and rupyy.

India Regulates Fintech Industry to Curb Money Laundering

November 27, 2024 16:37

India has implemented robust measures to regulate the fintech industry, aligning with FATF recommendations to combat money laundering and terrorist financing.

Comviva Appoints Raja Mansukhani as Chief Technology Officer

November 27, 2024 14:30

Comviva, a Tech Mahindra subsidiary, appoints Raja Mansukhani as its Chief Strategy, Technology, and Transformation Officer. Mansukhani brings over 20 years of experience in IT, telecommunications,...

Cooperative Banks Digitization by 2025: NABARD Chairman

November 26, 2024 19:58

NABARD Chairman announces the digitization of cooperative banks by March 2025, aimed at streamlining operations and boosting efficiency. This initiative involves a Core Banking Solution (CBS)...

Angel One Gets Sebi Approval for MF Business

November 26, 2024 16:58

Angel One's subsidiary, Angel One Asset Management Company, receives Sebi approval to launch mutual fund operations, focusing on passive investment solutions.

PSU Banks to Launch New Products for Credit Growth

November 26, 2024 15:53

India's public sector banks will introduce new products in the next few months to boost credit growth, focusing on MSMEs and young people, according to the Financial Services Secretary.

Binny Bansal Exits PhonePe Board: Fintech Company Appoints New Chair

November 22, 2024 23:51

Flipkart co-founder Binny Bansal steps down from PhonePe board, replaced by Manish Sabharwal as Independent Director and Chair of Audit Committee. Learn more about the board rejig.

Mirae Asset to Open Global Capability Centre in India

November 20, 2024 17:31

Mirae Asset Group announces plans to establish a global capability centre in India, leveraging the country's talent pool in fintech, data analytics, and software development. The move aims to...

Karnataka to Set Up 3 Global Innovation Districts: CM

November 19, 2024 13:07

Karnataka CM Siddaramaiah announces plans to establish 3 dedicated global innovation districts in Bengaluru, Mysuru and Belagavi, aiming to attract GCCs and boost the state's tech sector.

MakeMyTrip Acquires Happay for Corporate Travel & Expenses

November 18, 2024 18:40

MakeMyTrip has acquired Happay Expense Management platform from CRED, expanding its corporate travel and expense management solutions. Happay's brand, business, and team will transition to MakeMyTrip.

RBI Guv to Banks: Proactively Monitor Portfolios, Address Risks

November 18, 2024 16:38

RBI Governor Shaktikanta Das urges bank boards to proactively monitor portfolios, address potential risks, and strengthen internal governance to curb unethical practices.

hBits Offers Rs 55 Cr Commercial Asset in MMR for Fractional Ownership

November 18, 2024 15:07

hBits, a fractional ownership platform, offers a Rs 55 crore commercial property in Mumbai Metropolitan Region (MMR) to high-net worth individuals and investors. This Grade A commercial asset is in...

RBI Governor Urges Banks to Curb Unethical Practices

November 18, 2024 14:35

RBI Governor Shaktikanta Das calls on bank boards to strengthen internal governance to prevent unethical practices like mis-selling and lack of KYC verification.

Cedar-IBSi Capital Invests in Fintech Startups

November 16, 2024 15:48

Cedar-IBSi Capital is investing in 10-15 fintech startups, focusing on companies offering innovative tech solutions for financial institutions. The fund has already made its first investment in...

Wedding Loans: Matrimony.com Launches Fintech Platform

November 15, 2024 16:38

Matrimony.com launches WeddingLoans.com, a fintech platform offering wedding loans in partnership with leading financial institutions. Get the best wedding loan options for your big day.

Zaggle Q2 Profit Surges 3x to Rs 20 cr | SaaS Fintech Growth

November 13, 2024 18:45

Zaggle Prepaid Ocean Services reports a strong Q2 FY24 with a 3-fold rise in net profit to Rs 20.3 crore. Revenue also grew significantly, driven by strategic alliances and M&A plans.

BlueGreen Ventures Launches USD 75 Million Fund for Startups

November 13, 2024 12:55

BlueGreen Ventures, led by Rajeev Suri and Anup Jain, launches a USD 75 million fund for early-stage startups focused on climate, fintech, and consumer sectors.

Infibeam Avenues Q2 Profit Up 5% to Rs 44 Crore

November 12, 2024 20:59

Infibeam Avenues, a payments-focused fintech, reported a 5% increase in its consolidated net profit to Rs 44 crore for the September quarter. The company's total income rose to Rs 949.34 crore from...

Fintech Centre Launched at Chitkara University

November 11, 2024 18:47

Chitkara University opens a financial technology centre of excellence to address the growing demand for skilled professionals in the FinTech sector.

Young Adults Prefer Direct Stock Investing: Report

November 11, 2024 13:43

A new report reveals that a significant percentage of young adults in India are choosing direct stock investments over mutual funds. Learn about the trends in saving habits and investment...

SBI Launches Innovation Hub at Singapore Fintech Festival

November 7, 2024 06:03

State Bank of India (SBI) launches an innovation hub at Singapore Fintech Festival, partnering with APIX to provide a space for fintechs and startups to develop financial solutions.

NSE IX Sees Foreign Investor Growth on India's Economic Boom

November 5, 2024 12:06

NSE IX, a multi-asset exchange in India, has witnessed a surge in foreign investor participation driven by the country's strong economic growth. Learn more about the growth trajectory and future...

India & Saudi Arabia Explore Fintech & Clean Hydrogen Collaboration

November 1, 2024 11:57

India and Saudi Arabia are exploring collaborations in fintech, clean hydrogen, energy efficiency and more, aiming to boost trade and investment ties. This follows a recent visit by the Indian...

Singapore Fintech Network: India Collaboration & Investments

October 30, 2024 20:55

Singapore's MAS launches GFTN, a global fintech network, to collaborate with partners in India, seek investments and foster innovation through partnerships.

Amazon Pay Loss Narrows to Rs 911.2 Crore in FY24

October 29, 2024 21:09

Amazon Pay's loss narrowed to Rs 911.2 crore in FY24, with revenue increasing to Rs 2,286.9 crore. The company issued shares worth Rs 1,450 crore to parent firms.

Slice Merges with North East Small Finance Bank

October 28, 2024 15:08

Consumer payments and lending company 'slice' has merged with North East Small Finance Bank (NESFB), creating a tech-driven banking institution focused on customer experience and risk management....

Money Laundering Threatens Online Gaming in India

October 24, 2024 12:59

A new report highlights the threat of money laundering in India's online gaming sector, urging for stronger regulations and enforcement to protect the digital economy.

Paytm Shares Surge 6.5% After NPCI Nod for New Users

October 23, 2024 11:22

Paytm shares jumped over 6% after the NPCI approved the company to onboard new UPI users, reversing an earlier restriction. The move comes as a relief for the fintech giant.

LIC Chief: Insurance Industry Needs to Collaborate with Telecom, E-commerce & Fintech

October 22, 2024 16:18

LIC's CEO advocates for collaboration with telecom, e-commerce, and fintech to expand insurance reach, particularly in rural areas. He emphasizes the need for digital technologies and regulatory...

Paytm Posts Profit of Rs 928.3 cr in Q2

October 22, 2024 12:17

Paytm reports a net profit of Rs 928.3 crore in Q2 FY25, driven by an exceptional gain from the sale of its entertainment ticketing business to Zomato. Revenue from operations slumped 34.1 per cent...

Finance Minister Approves CGM Post Creation in Public Sector Banks

October 21, 2024 22:07

Finance Minister Nirmala Sitharaman has approved the creation of Chief General Manager (CGM) posts in five public sector banks, including Bank of Maharashtra, Central Bank of India, and UCO Bank....

Karnataka Launches FinTech CoE with IIM Bangalore

October 21, 2024 20:21

Karnataka government announces a Centre of Excellence in FinTech in partnership with IIM Bangalore, aiming to boost the state's FinTech ecosystem and create a skilled workforce.

Sitharaman Meets Mexican Minister, Discusses Economic Ties

October 19, 2024 11:50

India's Finance Minister Nirmala Sitharaman met her Mexican counterpart to discuss deepening economic ties, focusing on areas like startups, infrastructure, and digital transformation.

Temasek Invests Rs 252 Cr in Lendingkart for Controlling Stake

October 18, 2024 15:56

Temasek arm Fullerton Financial Holdings invests Rs 252 crore in Lendingkart to acquire controlling stake, boosting its reach in underserved markets. The investment is a testament to the potential...

Ashneer Grover Drops BharatPe Lawsuit: Settlement Reached

October 18, 2024 12:35

Ashneer Grover, former BharatPe MD, has withdrawn his plea alleging mismanagement against the fintech company. A settlement agreement reached in September led to the withdrawal of the case.

Biz2X Surpasses Rs 9,000 Cr in Loans: Digital Lending Growth

October 15, 2024 15:08

Biz2X, a digital lending platform, has surpassed Rs 9,000 crore in loan disbursements, driven by its AI-integrated platform DigiKred. The company is expanding into global markets and aims to...

Axis Bank Tops UPI Payments in September with 30% Share

October 14, 2024 21:37

Axis Bank claims the top spot in UPI payments for September with a 30% market share, partnering with both established and new fintech players.

India's Deep Tech Startups: 3,600 Solutions for Global Challenges

October 14, 2024 20:06

India boasts over 3,600 deep tech startups addressing global challenges in healthcare, climate change, and cybersecurity. Discover their innovative solutions at GITEX 2024.

Zaggle Appoints Former Kotak Mahindra Bank Executive to Board

October 7, 2024 19:50

Zaggle Prepaid Ocean Services has appointed former Kotak Mahindra Bank executive Virat Sunil Diwanji as an Additional Director on its board. Diwanji brings over 30 years of experience in banking...

Paytm CEO on Consumer Payments Focus & RBI Actions

October 6, 2024 18:41

Paytm CEO Vijay Shekhar Sharma outlines the company's focus on recovering lost consumer payments business following RBI actions. Learn about their strategy and impact on user base.

India Boosts Fintech Support to Bhutan - UPI, RuPay Gain Traction

October 5, 2024 20:41

India pledges further fintech support to Bhutan as UPI and RuPay cards gain popularity in the neighboring nation, strengthening financial ties between the two countries.

TDV Launches Rs 50 Crore Fund for Early-Stage Startups

October 3, 2024 18:24

Trillion Dollar Ventures (TDV) announces a Rs 50 crore fund to invest in early-stage startups in sectors like spirituality tech, fintech, and gaming.

BharatPe & Ashneer Grover Settle Dispute, Co-Founder Exits

September 30, 2024 17:03

BharatPe and former co-founder Ashneer Grover have reached a settlement, ending their legal battle. Grover will no longer be associated with the fintech firm.

CRED Revenue Surges 66% to Rs 2,473 Cr in FY24

September 30, 2024 15:32

Credit card bill payments app CRED reported a 66% revenue growth in FY24, reaching Rs 2,473 crore, driven by increased monetized members and reduced user acquisition costs.

Ashneer Grover Exits BharatPe: Settlement Agreement Ends Association

September 30, 2024 09:47

BharatPe and Ashneer Grover have reached a settlement, ending his association with the company. Grover will not hold any shares or positions.

SCOPE Launches USD 50 Million Venture Capital Fund

September 27, 2024 20:41

SCOPE, a startup networking platform, has received SEBI approval to launch a USD 50 million venture capital fund focusing on fintech and gaming startups in India and the US.

Zaggle Acquires Stakes in Span Across IT & Mobileware

September 26, 2024 22:38

Fintech firm Zaggle invests Rs 48 crore in Span Across IT Solutions and Mobileware Technologies, acquiring controlling and minority stakes respectively.

Sebi Chief Aims for Corporate Bond Market Growth: Equity-Like Boom Targeted

September 26, 2024 21:35

Sebi Chair Madhabi Puri Buch hopes technology and transparency will drive rapid growth in the corporate bond market, mirroring the trajectory of equities. Sebi also plans to introduce a new essay...

Sebi's UDiFF Saves Rs 200 Cr, Streamlines Broker Reporting

September 26, 2024 20:03

SEBI's standardized reporting format (UDiFF) for brokers, clearing members, and depository participants is expected to save over Rs 200 crore over the next five years while reducing reporting...

India, Uzbekistan Discuss Fintech, Renewable Energy Cooperation

September 26, 2024 11:04

Finance Minister Nirmala Sitharaman met with Uzbek President Shavkat Mirziyoyev to discuss strengthening bilateral ties in fintech, renewable energy, and climate action.

Zaggle Acquires 26% Stake in Mobileware for Rs 15.6 Crore

September 25, 2024 22:06

Fintech firm Zaggle acquires a 26% stake in Mobileware Technologies for Rs 15.6 crore, aiming to enhance its payment offerings. The acquisition will leverage Mobileware's UPI switch solutions for...

India & Uzbekistan Discuss Strategic Partnership - Finance Minister Sitharaman

September 25, 2024 19:30

Finance Minister Nirmala Sitharaman met with Uzbekistan's Deputy PM to discuss strategic partnerships in IT, education, renewable energy, and more. Explore the potential for collaboration between...

M2P Fintech Raises Rs 850 Cr in Funding Led by Helios

September 24, 2024 20:18

M2P Fintech secures Rs 850 crore in Series D funding led by Helios Investment Partners, valuing the company at over Rs 6,550 crore. The funds will be used to expand its market presence in India and...

Star Union Life, QuantumStreet AI Launch AI-Led Investments

September 24, 2024 16:34

Star Union Dai-ichi Life Insurance partners with QuantumStreet AI to create AI-powered investment products using IBM's watsonx platform. The partnership aims to provide superior performance in...

Capital A Launches Rs 400 Cr Fund for Manufacturing, Climate Startups

September 20, 2024 18:42

Venture capital firm Capital A launches a Rs 400 crore fund focused on high-potential sectors like manufacturing, deep-tech, climate, and fintech startups. The fund aims to invest in 17-20...

Revolut India Launch in 2025: Fintech Giant Gearing Up

September 19, 2024 20:20

UK fintech Revolut is set to launch in India in 2025, aiming to offer a range of digital financial services. The company has secured necessary licenses and is tailoring its platform for the Indian...

Banks Crucial for Viksit Bharat: Sitharaman

September 19, 2024 18:23

Finance Minister Nirmala Sitharaman emphasizes the critical role of banks in achieving the vision of Viksit Bharat by 2047, highlighting their importance in economic growth, social progress, and...

Accel Atoms 4.0: Applications Open for 'Bharat' & AI Startups

September 16, 2024 15:24

Accel Atoms 4.0 invites applications from startups building for 'Bharat' (Tier 2-3 India) and AI, offering mentorship, perks, and investment up to $1 million.

AI & GenAI Driving Innovation in Indian Finance: PwC Report

September 15, 2024 15:15

PwC India report reveals 90% of financial institutions are prioritizing AI and GenAI for innovation. Data analytics, customer experience, and product distribution are key focus areas.

Mumbai's Economic Growth: 2X Target by 2030, UT Concerns Arise

September 12, 2024 21:26

NITI Aayog proposes doubling Mumbai's economic activity by 2030, reaching USD 300 billion. Opposition leader Aaditya Thackeray raises concerns about a possible UT plan for Mumbai.

Paytm Shifts Focus to Profit After Tax: CEO

September 12, 2024 17:36

Paytm CEO Vijay Shekhar Sharma announced the company will prioritize profit after tax over operational profit before ESOP. The shift reflects a focus on financial sustainability and maturity....

Stashfin Parent Offers Rs 10,000 NCDs - Fintech First

September 11, 2024 16:16

Stashfin's parent company AKARA Capital becomes the first fintech NBFC to offer NCDs at a face value of Rs 10,000, aiming to raise Rs 100 crore. This follows SEBI's regulatory amendment lowering...

PhonePe Expands UPI QR Payments in Singapore with Liquid Group

September 10, 2024 21:29

PhonePe partners with Liquid Group to enable UPI QR payments for Indian travelers in Singapore, offering convenient and seamless transactions at popular tourist destinations.

India Pushes for FATF Transparency in Cross-Border Payments

September 10, 2024 17:59

India advocates for increased transparency in cross-border payments, urging FATF to require fintechs, credit card companies and payment aggregators to share sender and recipient information for law...

Credit Growth Outpacing Deposits: Liquidity Challenges for Banks

September 10, 2024 15:09

A new report highlights the growing gap between credit and deposit growth, potentially leading to liquidity challenges for the Indian banking system. The report also examines factors like CASA...

RBL Bank Aims for Moderate Credit Card Growth, Launches Indian Oil Offering

September 9, 2024 17:34

RBL Bank plans moderate credit card growth, focusing on cross-selling. Launches 'Xtra Credit Card' with Indian Oil, offering 7.5% cashback at IOCL stations.

AIC T-Hub Launches Lab2Market Program for 23 Startups

September 9, 2024 16:32

AIC T-Hub's Lab2Market program selects 23 startups across sustainability, mobility, healthcare, fintech, and more to transform research into market-ready innovations.

India-Singapore Ties Elevated to Comprehensive Strategic Partnership

September 5, 2024 20:24

India and Singapore elevate their ties to a 'comprehensive strategic partnership', signing four MoUs during Prime Minister Modi's visit, including one on semiconductor cooperation.

India to Set Up Thiruvalluvar Centre, Invest India Office in Singapore

September 5, 2024 17:54

Prime Minister Modi announced the establishment of a Thiruvalluvar Cultural Centre and Invest India office in Singapore, strengthening cultural and economic ties between the two nations.

RBI Guv Urges Banks to Boost Women's Employment & Entrepreneurship

September 5, 2024 14:43

Reserve Bank of India Governor Shaktikanta Das calls on financial institutions to bridge the gender gap by providing more employment opportunities to women and creating tailored schemes for...

India, Singapore Elevate Ties: Comprehensive Strategic Partnership

September 5, 2024 12:47

India and Singapore elevate bilateral ties to a 'comprehensive strategic partnership', signing 4 MoUs, including on semiconductors, during PM Modi's visit.

Financial Sector Needs Joint Approach for MSMEs: Sebi Member

September 2, 2024 22:15

Sebi member Ashwani Bhatia highlights the need for a joint approach to address challenges faced by MSMEs, including high interest rates. He emphasizes the importance of data-centric solutions and...

Sebi Tightens SME IPO Norms: Discussion Paper by End-FY25

August 30, 2024 21:35

Sebi to review SME IPO norms, focusing on auditor scrutiny and unrealistic business projections. A discussion paper is expected by end-FY25.

SBI Won't Enter Rate War Despite Deposit Pressure: Setty

August 30, 2024 21:23

SBI chairman C S Setty says the bank won't engage in a rate war to attract deposits, despite pressure on enhancing deposits. SBI targets 14-16% credit growth in FY25.

Google Pay Launches UPI Circle, New Features at Global Fintech Fest

August 30, 2024 19:18

Google Pay introduces UPI Circle, allowing users to add secondary users for digital payments. The company also launched eRupi vouchers and Tap & Pay for RuPay cards.

Modi Confident of Winning 4th Term in 2029: Fintech Event

August 30, 2024 19:05

Prime Minister Narendra Modi expressed confidence in securing a fourth consecutive term in 2029, stating he will attend the 10th Global Fintech Fest. Modi highlighted India's fintech revolution,...

Vadhvan Port: 12 Lakh Jobs, 76,200 Crore Investment - Sonowal

August 30, 2024 17:58

Union Minister Sonowal announces Vadhvan Port in Maharashtra will create 12 lakh jobs and generate Rs 76,200 crore investment. Learn more about the project's impact and future.

Paytm Shares Surge 13% After Govt Approval

August 30, 2024 17:36

Paytm shares rallied for the second day after the company received government approval for downstream investment in its subsidiary, Paytm Payments Services Ltd.

PM Modi: Govt Supporting Fintech Sector with Policy Measures

August 30, 2024 13:07

Prime Minister Narendra Modi highlights government's support for the fintech sector, citing USD 31 billion investments and the abolition of Angel Tax. He also emphasizes the need for increased...

Fintech Solutions for Developing Nations: Official's Call

August 29, 2024 21:26

Joint Secretary Mahaveer Singhvi urges Fintech firms to focus on creating solutions for developing countries, emphasizing global collaboration and opportunities.

SBI Working on YONO 2.0: Khara on Digital Banking Platform

August 29, 2024 21:16

SBI's former Chairman Dinesh Khara discusses the bank's new digital banking platform, YONO 2.0, aimed at meeting customer needs. He also emphasizes the importance of risk management in banking.

Tencent Sells PB Fintech Stake for Rs 1,668 Crore

August 29, 2024 21:13

Tencent has sold a 2.1% stake in PB Fintech, the parent company of Policybazaar, for Rs 1,668 crore. SBI MF, SocGen, and other investors picked up the stake.

Fintech Responsibility: RBI Warns of Subsuming National Interests

August 29, 2024 21:02

RBI Deputy Governor T Rabi Sankar urges fintech firms to prioritize national interests over business gains, emphasizing responsible behavior and compliance.

Mutual Funds: Balancing Tech & Human Touch - Neelesh Shah

August 29, 2024 17:15

Neelesh Shah of Kotak Mahindra AMC emphasizes the need for a balanced approach to technology in the mutual fund industry, catering to both tech-savvy and traditional investors, while preventing...

Paytm Shares Surge on Govt Nod for Investment

August 29, 2024 16:29

Paytm shares closed over 3% higher after receiving government approval for investment in Paytm Payments Services Ltd. The company will reapply for a payment aggregator (PA) license.

Zoho Launches Unified Payment Gateway: Zoho Payments

August 29, 2024 14:53

Zoho introduces Zoho Payments, a unified payment solution enabling businesses to accept payments securely through UPI and BBPS. This new payment gateway offers B2B payment capabilities.

Sebi Receives 6,000 F''O Trading Suggestions

August 29, 2024 12:49

Sebi received 6,000 suggestions on its consultation paper on F''O trading, aimed at investor protection and market stability. The regulator is exploring AI-powered technologies for surveillance.

Sebi Chief: Industry Supports Small & Medium REIT Regulations

August 29, 2024 12:14

Sebi chief Madhabi Puri Buch says industry players welcomed regulations for small and medium REITs, aimed at increasing investor interest in fractional ownership of real estate assets.

Paytm Shares Surge 5% on Govt Approval for Investment

August 29, 2024 11:33

Paytm shares soared 5% after receiving government approval for investment in Paytm Payments Services. The company will reapply for a payment aggregator license.

Indian Startups Valued at USD 100 Billion: Nilekani

August 28, 2024 22:29

Infosys co-founder Nandan Nilekani says Indian startups powered by digital public infrastructure are valued at USD 100 billion. He also introduces 'Finternet', a user-centric, unified future of...

PhonePe Faces Market Cap Challenge for IPO - Fintech News

August 28, 2024 21:17

PhonePe CEO Sameer Nigam discusses the market cap overhang impacting the company's potential IPO. He says PhonePe plans to enter the European market within five years.

RBI to Allow Multiple SROs for Fintechs: Das

August 28, 2024 20:51

Reserve Bank Governor Shaktikanta Das announced that the RBI will permit at least two industry bodies to operate as self-regulatory organisations for the fintech sector. The central bank is...

RBI Governor Advocates for Trustworthy AI in Finance

August 28, 2024 20:12

RBI Governor Shaktikanta Das stresses on developing 'trustworthy AI' in the financial sector, addressing concerns around data privacy and ethical deployment.

India's Prominent Role in Fintech & DPI Rule-Making: Dammu Ravi

August 28, 2024 19:20

India's Secretary (Economic Relations) Dammu Ravi emphasizes the country's key role in setting standards for fintech, blockchain, and cyber security solutions.

MarketsMojo Launches MOJOMF: Free Mutual Fund Investment Platform

August 28, 2024 18:46

MarketsMojo introduces MOJOMF, a free mutual fund investment platform offering advisory services, curated fund selection, and personalized investment strategies for all investors, especially the...

BharatPe Launches UPI Offering for Consumer Payments

August 28, 2024 18:24

BharatPe expands its services with the launch of its UPI TPAP, enabling consumer digital payments. The fintech platform has also rebranded its buy-now-pay-later app 'postpe' to 'BharatPe'.

RBI Aims to Make UPI, RuPay Global: Governor Das

August 28, 2024 18:02

Reserve Bank of India Governor Shaktikanta Das outlines plans to make UPI and RuPay truly global, highlighting the central bank's focus on financial inclusion, digital infrastructure, and global...

Paytm Gets Govt Nod for PPSL Investment, Reapplies for Payment Aggregator License

August 28, 2024 17:46

Paytm has received government approval for investment in its subsidiary Paytm Payments Services Ltd and will reapply for a payment aggregator license after its previous application was rejected due...

Fast Cross-Border Payments: Fed Official Raises Concerns

August 28, 2024 15:09

A senior US Fed official warns that frictionless cross-border payments could hinder efforts to combat money laundering and terror financing. The official also expresses reservations about...

L&T Finance Sees Uptick in Auto Demand, Microfinance Improvement in H2 FY25

August 28, 2024 13:54

L&T Finance expects a rise in automobile demand during the festive season due to good monsoon and an improvement in microfinance in the second half of FY25.

Paytm Money Appoints N V Srinivasan as Independent Director

August 27, 2024 11:45

Paytm Money, owned by One97 Communications, has appointed N V Srinivasan as a non-executive independent director. Srinivasan brings extensive experience in finance, risk management, and capital...

Paytm Shares Plunge 4% Amid Sebi Show-Cause Notice

August 26, 2024 18:12

Paytm shares dropped over 4% on Monday following reports of Sebi issuing show-cause notices to Vijay Shekhar Sharma and board members over alleged misrepresentation during its IPO.

Sebi Issues Notice to Paytm on CEO Sharma's ESOPs

August 26, 2024 17:46

Market regulator Sebi has issued a notice to Paytm regarding employee stock options given to CEO Vijay Shekhar Sharma. Paytm maintains that it has already made necessary disclosures.

Banks & Fintech Partnerships: Win-Win for All - Ex-RBI Official

August 23, 2024 22:34

Former RBI Deputy Governor S.S. Mundra says partnerships between banks and fintech companies are beneficial, emphasizing data security and the importance of inclusive banking practices.

CRED Gets BBPS Certification for Faster Credit Card Bill Payments

August 23, 2024 19:36

CRED is now a certified customer operating unit on Bharat Bill Payment System (BBPS), enabling faster settlements for credit card bill payments. Learn more.

Maharashtra to Roll Out Red Carpet for MSMEs & Startups

August 23, 2024 13:13

Maharashtra Minister Uday Samant promises support for MSMEs & startups, aiming to transform Mumbai into a global fintech hub. The state will provide red carpet treatment for projects, at par with...

magicpin Co-founder Joins Prime Venture Partners

August 23, 2024 10:58

Brij Bhushan, co-founder of magicpin, joins Prime Venture Partners as a full-time partner. He will contribute to the firm's investment, portfolio management, and fundraising.

Gold Loan Market to Double by 2029: PwC India

August 22, 2024 15:38

India's organized gold loan market is expected to reach Rs 14.19 lakh crore by FY 2029, driven by digital platforms and rising gold prices. Read more from PwC India.

Paytm Stock Rises After Selling Ticketing Business to Zomato

August 22, 2024 11:38

Paytm's stock price surged after announcing the sale of its entertainment ticketing business to Zomato for Rs 2,048 crore. The move allows Paytm to focus on core payments and financial services.

Aye Finance Securitizes Rs 212 Cr Loan with Goldman Sachs

August 21, 2024 16:19

Aye Finance, a micro enterprise lender, has completed a Rs 212 crore loan securitisation deal with Goldman Sachs, further expanding its lending operations in India.

Mobikwik Turns Profitable in FY24, IPO Plans Ahead - Latest News

August 20, 2024 18:10

Mobikwik, a fintech company, has announced a profit of Rs 14 crore in FY24, marking its first profitable year. The company is now IPO-bound and plans to list as soon as possible. Learn more about...

Indian-Origin Businesses Dominate Commonwealth Business Awards

August 19, 2024 22:55

Indian-origin business leaders from across the Commonwealth dominated the Business Excellence Awards 2024 in Johannesburg, recognizing their contributions to business and society.

TFCI Enters Short-Term Retail Lending with FinTech

August 19, 2024 14:30

TFCI, a non-banking finance company, is diversifying into retail lending through FinTech platforms and plans to establish an Alternative Investment Fund.

Technopark Software Exports Reach Rs 13,255 Cr, 14% Growth

August 17, 2024 18:56

Technopark, Kerala's IT hub, reports a 14% increase in software exports revenue for FY 2023-24, reaching Rs 13,255 crore. This growth is attributed to the vibrant IT ecosystem and skilled workforce.

Freo Targets 25-30% Revenue Growth, Focuses on Profitability

August 16, 2024 12:50

Digital banking platform Freo aims for 25-30% revenue growth in FY24, prioritizing profitability. The company has been profitable since December 2023 and expects to continue this trend. Freo's...

Risk-Based Deposit Insurance Premium: RBI Deputy Governor's View

August 14, 2024 12:48

RBI Deputy Governor Swaminathan J advocates for risk-based premiums for deposit insurance, urging financial institutions with higher risk profiles to contribute more to the insurance fund. He...

RattanIndia Enterprises Q1 Profit Soars 300% to Rs 851 cr

August 13, 2024 19:48

RattanIndia Enterprises reported a 300% jump in net profit to Rs 851 crore in Q1 FY25, driven by strong e-commerce growth through its subsidiary Cocoblu Retail. Revenue rose 70% YoY.

Jai Kisan Gets RBI Nod for NBFC Acquisition - Rural Fintech Startup

August 13, 2024 16:52

Jai Kisan, a rural fintech startup, has received RBI approval to acquire a majority stake in NBFC Kushal Finnovation Capital. The acquisition will enable Jai Kisan to offer customized financial...

Fairexpay Launches Digital Platform for Low-Cost Remittances

August 13, 2024 16:03

Fairexpay's new digital platform offers cost-effective international money transfers, saving students and families up to 5% compared to traditional banks. Enjoy faster processing and low forex...

Fintech Lending: CEA Warns Against Excessive & Short-Term Focus

August 8, 2024 20:44

CEA V Anantha Nageswaran urges fintech industry to avoid excessive lending and short-term focus, emphasizing the need to protect consumers and ensure long-term stability.

GIFT City & NFSU Partner for Corporate Forensics Center

August 7, 2024 22:13

GIFT City in Gandhinagar has partnered with the National Forensic Sciences University to establish a 'Centre of Excellence in Corporate Forensics' focusing on international arbitration, fraud...

Fintech & Banks: Collaboration for Scalable, Compliant Solutions - Joshi

August 7, 2024 14:43

Financial Services Secretary Vivek Joshi urges fintechs to collaborate with banks to create scalable, regulatory compliant solutions, highlighting the importance of addressing challenges in the...

UPI Credit Disbursement Hits Rs 10,000 Cr Monthly

August 6, 2024 19:56

India's Unified Payments Interface (UPI) sees a surge in credit transactions, with Rs 10,000 crore disbursed monthly. Credit card features and pre-sanctioned lines drive growth.

Tech Mahindra & Finastra Partner for Bank Digitalization

August 1, 2024 16:24

Tech Mahindra and Finastra team up to help banks accelerate their digital transformation, offering modern platforms for corporate and institutional banking.

FluxGen Partners with Microsoft for Water Replenishment in Bengaluru Hospitals

July 30, 2024 20:01

FluxGen Sustainable Technologies partners with Microsoft to implement AI and IoT solutions for water replenishment in two Bengaluru hospitals, aiming to reduce water usage by half.

Zaggle Q1 Net Profit Jumps to Rs 16.7 cr | Business News

July 30, 2024 19:08

Zaggle Prepaid Ocean Services reported a significant rise in its net profit to Rs 16.7 crore in Q1FY25, driven by strong demand for its Zoyer and credit card solutions. Revenue also grew 113% YoY.

Paytm Sees No Impact of Lower UPI Incentives on Profitability

July 30, 2024 13:47

Paytm CEO Vijay Shekhar Sharma assures no impact on profitability despite reduced government incentives for small-ticket digital transactions, aiming for a profitable quarter this fiscal year.

Navi Finserv Securitises USD 38 Million Personal Loans with J P Morgan

July 30, 2024 11:09

Navi Finserv closes a USD 38 million securitisation deal with J P Morgan for personal loans, marking J P Morgan's first pass-through certificate transaction in India's fintech space. The funds will...

India's Digital Economy to Reach 20% of GDP by 2026: RBI Report

July 29, 2024 16:25

A new RBI report predicts India's digital economy will grow significantly, reaching 20% of GDP by 2026. The report highlights the impact of digitalization on finance, banking, and the economy.

White Matter Advisory Acquires 90% Stake in Fairexpay

July 29, 2024 16:18

White Matter Advisory acquires 90% stake in fintech startup Fairexpay, expanding its cross-border remittance and fund collection services. The acquisition leverages Fairexpay's advanced technology...

Digital Finance & Next-Gen Banking: RBI Governor

July 29, 2024 14:28

RBI Governor highlights digitalisation's impact on banking, emphasizing next-generation services, affordable finance, and challenges like cybersecurity and data privacy.

Paytm's Payment Arm Investment Under Govt Review

July 26, 2024 16:32

Paytm seeks approval for Rs 50 crore investment in its payments arm, subject to review by an inter-ministerial panel due to Chinese investment. The panel will determine if the investment complies...

Budget 2024-25: Roadmap for 'Viksit Bharat' - Experts

July 24, 2024 17:58

Experts say the Union Budget 2024-25 lays out a roadmap for 'Viksit Bharat', or developed India by 2047, with focus on key development priorities.

UK Businesses React Positively to India's Union Budget

July 23, 2024 21:21

The Union Budget has been welcomed by UK businesses and investors, with key highlights including reduced corporate tax for foreign companies and the abolition of 'Angel Tax'.

UK Businesses React Positively to India's Union Budget

July 23, 2024 20:28

UK businesses and investors welcome India's Union Budget, praising the fall in corporate tax rates for foreign companies, abolition of Angel Tax and measures to boost foreign investment.

Paytm & Axis Bank Partner for POS Solutions & Card Payment Devices

July 23, 2024 10:48

Paytm and Axis Bank collaborate to offer point-of-sale (POS) solutions and card payment machines to merchants, enhancing transaction efficiency and store management capabilities.

Paytm Q1 Loss Widens to Rs 840 Crore - Business News

July 19, 2024 11:22

Paytm's loss widened to Rs 840 crore in the April-June quarter, with revenue declining by 33.48% year-on-year. Read more about the financial performance.

Infosys CEO on Karnataka Reservation Bill: 'Will Comply with Regulations'

July 18, 2024 18:33

Infosys CEO Salil Parekh says the company will comply with Karnataka's proposed reservation bill for locals in private firms, despite concerns from industry leaders about the potential impact on...

Indian FinTech Industry to Reach $420 Billion by 2029

July 18, 2024 15:05

India's FinTech industry is booming, projected to reach $420 billion by 2029. Learn about the factors driving this growth, including government policies and a tech-savvy population.

FlixBus Partners with Paytm to Expand Travel Network

July 16, 2024 17:50

FlixBus partners with Paytm to expand its distribution network, making tickets available through the Paytm app. The partnership aims to drive growth and enhance travel options for customers.

Paytm Shares Decline After Sebi Warning

July 16, 2024 16:56

Paytm parent firm One 97 Communications shares fell over 2% after receiving an administrative warning letter from Sebi over related party transactions.

Paytm Gets SEBI Warning Over Related Party Transactions

July 16, 2024 13:24

Paytm's parent company, One 97 Communications, received an administrative warning from SEBI for exceeding related party transactions with Paytm Payments Bank in FY22 without proper approvals.

Paytm Agrees Not To Recover Joining Bonus After Labour Intervention

July 10, 2024 20:49

Paytm has agreed not to recover the joining bonus from an employee after intervention by the Labour Ministry. The company also agreed to pay the notice period payment.

Cashe Enters Insurance Broking with Centcart Acquisition

July 10, 2024 17:28

Cashe, a credit-focused fintech platform, acquires Centcart Insurance Broking Services to expand into insurance distribution, aiming to provide personalized recommendations to its 5 crore customers.

PM Modi Invites Austrian Investment in India - Infrastructure, Energy & More

July 10, 2024 17:13

Prime Minister Narendra Modi invites Austrian companies to invest in India, highlighting opportunities in infrastructure, energy, tech, and startups during his visit.

Punjab & Sind Bank Expands: 100 New Branches, 100 ATMs

July 7, 2024 14:16

Punjab & Sind Bank plans to open 100 branches and add 100 ATMs in FY24, aiming to expand its reach across India. The bank also plans to increase its BC network and improve customer experience.

Paytm Founder: Govt Mainstreamed Startups, Golden Era for Indian Entrepreneurs

July 6, 2024 19:19

Paytm founder Vijay Shekhar Sharma hails government's role in mainstreaming startups, calling it a golden period for Indian entrepreneurs. He highlights the shift from startups being at the bottom...

Family Offices Invest in Startups: PwC India Report

July 3, 2024 18:33

PwC India report highlights the increasing investment by family offices in startups, diversification of portfolios, and shift from traditional investments.

TIFIN Launches Conversational AI Assistant MyFi in India

July 1, 2024 10:57

US-based fintech platform TIFIN has launched MyFi, a conversational AI assistant offering customized investment guidance in India. MyFi aims to cater to the growing investor community in India,...

Olyv Fintech: FY25 Revenue to Hit Rs 350 Cr, User Base Grows 80%

July 1, 2024 10:17

Fintech firm Olyv projects FY25 revenue to reach Rs 350 crore driven by user growth, larger ticket loans, and new product launches. The company's revenue doubled in FY24.

Gujarat Signs MoUs with IBM, Microsoft for AI Boost

June 29, 2024 18:09

Gujarat government signs MoUs with IBM, Microsoft, and NASSCOM to promote AI adoption in the state, establishing AI centers and training programs.

Karnataka Seeks GIFT City Model, Fast-Track Approvals

June 28, 2024 20:06

Karnataka seeks central support for a GIFT City-like business district, urging fast-tracked approvals for key projects. The state aims to boost economic growth and attract foreign investment.

D2C Dairy Startup Sid's Farm Raises USD 10 Million

June 25, 2024 13:40

D2C dairy startup Sid's Farm secures USD 10 million funding led by Omnivore and Narotam Sekhsaria Family Office. The investment will fuel growth in Hyderabad and Bengaluru.

Accel Sees Growth in Non-Urban India: E-comm, Healthcare, Fintech Boom

June 25, 2024 11:46

Accel, a venture capital firm, forecasts the rise of billion-dollar companies in non-urban India, focusing on e-commerce, healthcare, fintech, and edtech. Discover the untapped potential of 'Bharat'.

ixigo Expands PhonePe Partnership for Flights & Buses

June 24, 2024 19:00

ixigo and PhonePe expand their partnership to offer flight and bus booking services on the PhonePe app, providing comprehensive travel options to over 54 crore users.

Paytm Flight Bookings Surge 19% in Q4: Report

June 24, 2024 11:29

Paytm's flight bookings witnessed a 19% year-on-year growth in the January-March quarter, exceeding industry growth. The company's travel ticket business also saw a rise in international bookings...

Nirwana.AI Raises Funds at Rs 100 Cr Valuation - Business News

June 21, 2024 22:21

Nirwana.AI, a design tools provider, secured funding at over Rs 100 crore valuation. The company received investments from a Canadian firm and HNI Family Offices.

Indian Future Unicorns Drop: Funding Winter Bites

June 20, 2024 17:28

Funding winter and regulatory scrutiny lead to a record decline in India's future unicorn count, with 25 startups dropping off the list. Bengaluru remains the leading hub.

India Tech Startup Funding H1 2024: USD 4.1 Billion - Tracxn

June 20, 2024 16:38

Indian tech startups raised USD 4.1 billion in H1 2024, a 4% increase from H2 2023, according to Tracxn. Despite challenges, signs of stabilization are emerging.

Marshall Wace Sells Paytm, Shriram Finance Shares for Rs 426 cr

June 18, 2024 22:38

UK-based hedge fund Marshall Wace sold shares of One97 Communications (Paytm) and Shriram Finance for Rs 426 crore through open market transactions on Tuesday.

Digital loans up 49 pc in FY24 by value, Rs 1.46 lakh cr disbursed: Industry body

June 18, 2024 20:44

India's digital lending sector saw a 49% growth in FY24, with Rs 1.46 lakh crore disbursed. The Fintech Association for Consumer Empowerment (FACE) reports the surge despite concerns about lending...

Company Name
Price
Volume

Vodafone Idea L
9.12 (+ 2.13)
64303795

G G Engineering
1.51 ( -5.63)
28492226

Guj. Toolroom Lt
15.37 (+ 4.99)
19678431

Srestha Finvest
0.69 ( -1.43)
14826074

AvanceTechnologies
0.80 ( -2.44)
14124154

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Pakistan & China Sign $250M MoUs for Medical...

Pakistani and Chinese companies have signed USD 250 million worth of MoUs to boost...

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