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RJ Corp's Varun Jaipuria, others back fintech firm RapiPay

Finance

RJ Corp's Varun Jaipuria, others back fintech firm RapiPay

RapiPay Fintech Pvt Ltd, which runs fintech platform RapiPay, on Tuesday said it has raised $15 ...

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ICICI Venture pumps fresh money in payments portfolio company

Finance

ICICI Venture pumps fresh money in payments portfolio company

Mid-market private equity firm ICICI Venture has struck a fresh investment in an existing portfolio ...

RBI to remove all cash withdrawal limits from March 13

General

RBI to remove all cash withdrawal limits from March 13

The Reserve Bank of India (RBI) said it would remove the cash withdrawal limit from automated teller...

Demonetisation: Five reasons why India may not go cashless anytime soon

General

Demonetisation: Five reasons why India may not go cashless anytime soon

One of the stated objectives behind the government’s move to demonetise Rs 500 and Rs 1,000 ...

Why even deposits of under Rs 2.5 lakh in old notes might see taxman knocking on your door

General

Why even deposits of under Rs 2.5 lakh in old notes might see taxman knocking on your door

A week after Prime Minister Narendra Modi took the country by surprise by declaring that the Rs 500 ...

Muthoot Finance launches white label ATMs

General

Muthoot Finance launches white label ATMs

Muthoot Finance Ltd, India's largest gold financing company, has launched its first white label ...

ATM outsourcing firm EPS raises $6M from existing investor Aavishkaar

TMT

ATM outsourcing firm EPS raises $6M from existing investor Aavishkaar

ATM outsourcing firm Electronic Payment and Services Pvt Ltd (EPS) has completed its second round of...

CX Partners finalises deal to buy 75% stake in Transaction Solutions' India ATM biz

TMT

CX Partners finalises deal to buy 75% stake in Transaction Solutions' India ATM biz

Private equity firm CX Partners has finalised the deal to buy 75 per cent stake in the India ATM ...

CX Partners to buy 75% in Transaction Solutions' India ATM biz for $22M

General

CX Partners to buy 75% in Transaction Solutions' India ATM biz for $22M

Private equity firm CX Partners is picking up 75 per cent in the India ATM business of Australia's ...

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PE-backed firms smell big money in white label ATM biz

General

PE-backed firms smell big money in white label ATM biz

Private equity-backed technology firms and non-banking finance companies (NBFCs) see a big business ...