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'Instamojo looking at operational profitability by end of CY22'

TMT

07 October, 2022

'Instamojo looking at operational profitability by end of CY22'

Beenext and Kalaari Capital-backed Instamojo's transition to becoming an e-commerce enabler from a payments platform......

Zeta partners with Mastercard to power credit processing, raises $30 mn

TMT

07 March, 2022

Zeta partners with Mastercard to power credit processing, raises $30 mn

Zeta, a banking tech unicorn, has stitched a five-year old global partnership with Mastercard to power credit processing for banks...

Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit

Finance

01 March, 2022

Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit

Infibeam Avenues Ltd, the parent of payment gateway CCAvenue, has acquired contactless technology startup Uvik Technologies for...

Backend automation startup Signzy ropes in PayPal India executive as its Chief Growth Officer

People

15 December, 2021

Backend automation startup Signzy ropes in PayPal India executive as its Chief Growth Officer

Signzy Technologies Pvt Ltd, which operates an artificial intelligence (AI) startup focussed on automating backend decision-making...

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Economy

29 November, 2021

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Visa Inc has complained to the U.S. government that India's "informal and formal" promotion of domestic payments...

Pine Labs enters online payment space with launch of new product Plural

TMT

14 October, 2021

Pine Labs enters online payment space with launch of new product Plural

Pine Labs Pvt Ltd on Thursday said it has entered the online payment space with the launch of its new ......

Mastercard submits new audit to India after ban over data handling

Finance

30 July, 2021

Mastercard submits new audit to India after ban over data handling

Mastercard has submitted a new audit report to India's central bank, it told Reuters, as it seeks to overturn a ......

India bans Mastercard from issuing new cards in data storage row

Finance

14 July, 2021

India bans Mastercard from issuing new cards in data storage row

The Reserve Bank of India on Wednesday indefinitely barred Mastercard Inc from issuing new debit, credit or prepaid cards to ......

Grapevine: ChrysCap to invest in Corona Remedies; Plum Insurance to raise funding

General

05 April, 2021

Grapevine: ChrysCap to invest in Corona Remedies; Plum Insurance to raise funding

Homegrown private equity fund ChrysCapital is looking to grab a 30% stake in drug manufacturer Corona Remedies for about Rs ......

Mastercard invests $100 mn in Airtel Africa's mobile money biz

TMT

01 April, 2021

Mastercard invests $100 mn in Airtel Africa's mobile money biz

Global payments company Mastercard is set to invest $100 million (around Rs 733 crore) in the mobile money business of ......

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