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Axis Bank may acquire wallet firm FreeCharge

TMT

08 July, 2017

Axis Bank may acquire wallet firm FreeCharge

Private sector bank Axis Bank has emerged as one of the key players in the race to acquire Snapdeal-owned payments ......

Sequoia Capital tops up old India fund with $125 mn

Finance

05 June, 2017

Sequoia Capital tops up old India fund with $125 mn

Global venture capital firm Sequoia Capital has topped up its fourth India-focused fund for the second time by another $125 ......

Mobile wallets losing momentum, UPI soars six months after note ban

TMT

19 May, 2017

Mobile wallets losing momentum, UPI soars six months after note ban

The sudden uptick in digital payments following the most disruptive reform measure in recent memory had turned out to be ......

Digital here to stay despite remonetisation, say panellists at VCCircle event

Finance

17 May, 2017

Digital here to stay despite remonetisation, say panellists at VCCircle event

The government’s demonetisation move last November provided a fillip to the digital payments industry and brought about lasting change in ......

Fin-tech startup Telr raises $3 mn in Series B round

Startups

17 May, 2017

Fin-tech startup Telr raises $3 mn in Series B round

Dubai-based fin-tech startup Telr, which operates in the Middle East, Southeast Asia and India, has raised $3 million (about Rs ......

Who gains from Paytm-FreeCharge merger?

TMT

12 May, 2017

Who gains from Paytm-FreeCharge merger?

Homegrown e-commerce major Snapdeal’s downfall has given way to some hectic activity in recent times. While a few online players ......

MobiKwik may enter unicorn club with $100 mn fund-raise from BlackRock, banks

TMT

09 May, 2017

MobiKwik may enter unicorn club with $100 mn fund-raise from BlackRock, banks

Gurgaon-based One MobiKwik Systems Pvt. Ltd, which operates digital wallet MobiKwik, is reportedly in advanced talks with US-based investment management ......

TVS Logistics, Future Group in talks to acquire Snapdeal's Vulcan Express

TMT

27 April, 2017

TVS Logistics, Future Group in talks to acquire Snapdeal's Vulcan Express

TVS Logistics and Future Group’s logistics unit Future Supply Chain Solutions are looking to either acquire a majority stake or ......

MobiKwik, FreeCharge explore merger

TMT

24 April, 2017

MobiKwik, FreeCharge explore merger

Amid merger talks between Flipkart and Snapdeal, FreeCharge’s fate could also be decided soon. The struggling digital payments arm of ......

What's packed in government's BHIM-Aadhaar payments app

TMT

15 April, 2017

What's packed in government's BHIM-Aadhaar payments app

Prime Minister Narendra Modi on Friday launched merchant interface app BHIM-Aadhaar, which links the Bharat Interface for Money mobile application ......