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India lags in digital payments adoption, races ahead on innovation: VCCircle Summit

Finance

23 May, 2018

India lags in digital payments adoption, races ahead on innovation: VCCircle Summit

Though innovation in payments is quite high in India, digital adoption remains low, said panellists at the VCCircle Payments Summit ......

BillDesk up for sale but talks hit dead end; US hedge fund eyes stake in Swiggy

General

28 March, 2018

BillDesk up for sale but talks hit dead end; US hedge fund eyes stake in Swiggy

Mumbai-based IndiaIdeas.com Ltd, which operates payments gateway BillDesk, held separate discussions with PayU, American Express and PayPal for a potential ......

Ola appoints PayU India co-founder Nitin Gupta as head of Ola Money

People

08 December, 2017

Ola appoints PayU India co-founder Nitin Gupta as head of Ola Money

Bangalore-based ANI Technologies Pvt. Ltd, which owns cab-hailing app Ola, has appointed Nitin Gupta, co-founder and former chief executive of ......

Former TaxiForSure CFO Deena Jacob joins fin-tech startup Open

People

22 November, 2017

Former TaxiForSure CFO Deena Jacob joins fin-tech startup Open

Open, a Bangalore-based fin-tech startup that offers neo-banking services for small and medium-sized enterprises (SMEs), has appointed Deena Jacob as ......

Can FreeCharge be the trump card for Amazon's India play?

TMT

24 July, 2017

Can FreeCharge be the trump card for Amazon's India play?

Global e-commerce major Amazon.com Inc. has reportedly thrown its hat into the ring to snap up FreeCharge not only to ......

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 ......

Naspers ups stake in Flipkart with $71 mn top-up

TMT

27 June, 2017

Naspers ups stake in Flipkart with $71 mn top-up

South African technology conglomerate Naspers has invested an additional $71 million (about Rs 458 crore) in Flipkart, taking its stake ......

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...

Razorpay hires Ola Money architect Amit Saini as engineering head

TMT

05 April, 2017

Razorpay hires Ola Money architect Amit Saini as engineering head

Amit Saini, former director of engineering at cab-hailing services company Ola, has joined payment gateway startup Razorpay as...

PayU to widen fintech play, bets on cross-border payments, offline business

TMT

28 February, 2017

PayU to widen fintech play, bets on cross-border payments, offline business

Naspers-owned payments gateway PayU India is betting big on the fintech space in India. While its primary focus will be ......

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