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PhonePe raises additional $100 mn as part of $1 bn round

Finance

14 February, 2023

PhonePe raises additional $100 mn as part of $1 bn round

Walmart-owned digital payments platform PhonePe said it raised an additional $100 million in primary capital from Tiger Global, Ribbit Capital ......

JPMorgan invests in payment solutions provider ISG

Finance

19 December, 2022

JPMorgan invests in payment solutions provider ISG

JPMorgan has invested an undisclosed amount in Mumbai-based payment solutions provider In-Solutions Global Ltd (ISG).  ISG, established in 2004, provides digital ......

Ashneer Grover takes a dig at WhatsApp after key execs resign

TMT

16 November, 2022

Ashneer Grover takes a dig at WhatsApp after key execs resign

Former BharatPe co-founder Ashneer Grover on Wednesday took a dig at social messaging service WhatsApp after its India head Abhijit ......

Razorpay to pick up controlling stake in Ezetap

Finance

16 August, 2022

Razorpay to pick up controlling stake in Ezetap

Digital payments solutions unicorn, Razorpay has agreed to pick up controlling stake in Bengaluru-based payment solutions provider, Ezetap Mobile Solutions ......

India's fintech industry to touch $1 trillion in AUM, $200 bn revenue by 2030: Chiratae report

Finance

09 August, 2022

India's fintech industry to touch $1 trillion in AUM, $200 bn revenue by 2030: Chiratae report

India's fintech industry is estimated to grow ten-fold by 2030 to achieve an assets under management (AUM) of $1 trillion ......

Paytm Payments Bank denies China data leak report, says all data stored in India

TMT

14 March, 2022

Paytm Payments Bank denies China data leak report, says all data stored in India

India's Paytm Payments Bank, which facilitates transactions on mobile commerce platform Paytm, said on Monday all its data is stored ......

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EbixCash to file draft prospectus for $1 billion IPO

Finance

22 February, 2022

EbixCash to file draft prospectus for $1 billion IPO

EbixCash, the Indian subsidiary of Nasdaq-listed Ebix Inc. will soon file the draft papers for its initial public offering (IPO) ......

Slice reports 18% growth in operating revenues, losses widen by 5X

Finance

18 January, 2022

Slice reports 18% growth in operating revenues, losses widen by 5X

Recently-turned unicorn, digital payment portal Slice has reported revenue from operations of ₹35.35 crore during FY21, which has grown by ......

RBI limits offline payments at Rs 200 per transaction

Finance

03 January, 2022

RBI limits offline payments at Rs 200 per transaction

The Reserve Bank of India (RBI) on Monday set the upper limit for individual offline payment transactions at Rs 200 ......

India's Paytm slides as anchor investors lock-in period expires

TMT

15 December, 2021

India's Paytm slides as anchor investors lock-in period expires

Shares of digital payments firm Paytm tumbled as much as 13% to hit their lowest since a dismal debut last ......