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IFC to back rare management buyout-style transaction in India

TMT

03 July, 2019

IFC to back rare management buyout-style transaction in India

International Finance Corporation has joined a consortium of investors that is in talks to seal a venture-stage management buyout-style transaction ......

ICICI Bank to pick up minority stake in biometric payment startup Tapits

TMT

02 February, 2018

ICICI Bank to pick up minority stake in biometric payment startup Tapits

ICICI Bank, the country’s largest private sector lender, is investing in Mumbai-headquartered mobile payments startup Tapits Technologies Pvt. Ltd.In a ......

Mobile payments tech startup ToneTag secures fresh capital

TMT

11 January, 2018

Mobile payments tech startup ToneTag secures fresh capital

Bangalore-based Naffa Innovations Pvt. Ltd, which operates mobile payments technology platform ToneTag, has raised Rs 8.5 crore ($1.33 million) in ......

Flipkart's PhonePe launches POS device to ramp up in-store digital payments play

TMT

31 October, 2017

Flipkart's PhonePe launches POS device to ramp up in-store digital payments play

Homegrown e-commerce major Flipkart’s digital payments arm PhonePe has launched its own point-of-sale device to boost its digital payments play.The ......

Flipkart commits $500 mn for payments arm PhonePe

TMT

12 October, 2017

Flipkart commits $500 mn for payments arm PhonePe

Homegrown e-commerce major Flipkart Pvt. Ltd has committed to infuse $500 million (Rs 3,254 crore) into its payments arm PhonePe, ......

Paytm founder on Time magazine's ‘most influential' list

TMT

21 April, 2017

Paytm founder on Time magazine's ‘most influential' list

Paytm founder and CEO Vijay Shekhar Sharma has made it to the list of ‘the 100 most influential people in ......

ShopClues acquires mobile payments startup Momoe

TMT

15 July, 2016

ShopClues acquires mobile payments startup Momoe

Online shopping marketplace ShopClues has acquired Bangalore-based Momoe Technologies Pvt. Ltd, as it looks to build a payments business and ......