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Paytm stock rises after announcement of buyback consideration

Finance

09 December, 2022

Paytm stock rises after announcement of buyback consideration

Shares of Paytm traded with gains of 7.3% at Rs 545.25 apiece in mid-day trade on BSE, after the fintech ......

Funding in 2022 dips 35% on subdued late-stage investment activity

TMT

08 December, 2022

Funding in 2022 dips 35% on subdued late-stage investment activity

Funding in Indian startups dipped by 35% (up to 5 December), to $24.7 billion, as compared to the previous year, ......

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Fintechs get on the job to comply with RBI lending norms

Finance

08 December, 2022

Fintechs get on the job to comply with RBI lending norms

Even though digital lending platforms made structural and functional changes to comply with most of the latest lending norms of ......

Bimaplan appoints former Niyo Bharat exec as COO

People

05 December, 2022

Bimaplan appoints former Niyo Bharat exec as COO

Y Combinator-backed insurtech startup Bimaplan (COO) on Monday said it appointed Hemant Tathod as chief operating officer with effect from ......

Novo raises additional $35 mn to support India operations

Finance

01 December, 2022

Novo raises additional $35 mn to support India operations

Florida-based fintech firm Novo Platform Inc raised an additional $35 million from GGV Capital, taking the total fundraise in its ......

Cred to acquire Matrix-backed lending enabler CreditVidya

TMT

29 November, 2022

Cred to acquire Matrix-backed lending enabler CreditVidya

Tiger Global-backed fintech unicorn Cred, on Tuesday said it will acquire 100% stake in lending-based big data company CreditVidya for ......

Digital disbursements up 3x in Q2: Report

Finance

29 November, 2022

Digital disbursements up 3x in Q2: Report

Disbursements by digital lending platforms more than tripled during Q2FY23 to Rs 14,016 crore, compared to Q2FY22, according to a ......

No BharatPe without me: Grover, after senior management exits

Finance

29 November, 2022

No BharatPe without me: Grover, after senior management exits

Ashneer Grover, the former co-founder and managing director of BharatPe on 28 November took a fresh jibe after three senior ......

BharatPe sees multiple CXO exits

Finance

28 November, 2022

BharatPe sees multiple CXO exits

Three senior executives have resigned from BharatPe, two people aware of the matter told Mint. Vijay Aggarwal, chief technology officer; ......

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PhonePe to acquire BNPL startup ZestMoney

Finance

25 November, 2022

PhonePe to acquire BNPL startup ZestMoney

Digital payments and financial services provider PhonePe is in the process of acquiring buy-now-pay-later (BNPL) fintech startup ZestMoney, two people ......