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PhonePe elevates senior exec to head insurance business

People

19 May, 2023

PhonePe elevates senior exec to head insurance business

India’s biggest fintech startup in terms of UPI transactions, PhonePe, which recently shifted its domicile to India from Singapore and ......

ZestMoney appoints new senior management after founders quit

TMT

16 May, 2023

ZestMoney appoints new senior management after founders quit

A day after all co-founders of ZestMoney decided to step down, the Bengaluru-based digital lending startup has announced a new ......

Grapevine: WestBridge invests in dairy brand; Blackstone to buy TPG stake in Care

General

08 May, 2023

Grapevine: WestBridge invests in dairy brand; Blackstone to buy TPG stake in Care

Homegrown private equity firm WestBridge Capital, which has made some larger bets in the past including those in names like ......

Grapevine: Pension funds eye Mahindra Susten InvIT; PhonePe may waive Zestmoney debt

General

26 April, 2023

Grapevine: Pension funds eye Mahindra Susten InvIT; PhonePe may waive Zestmoney debt

Global pension funds British Columbia Investments and APG Asset Management are among investors seeking a stake in Mahindra Susten Pvt ......

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Deals Digest: Transaction value jumps this week; Max, SRL ink healthcare M&As

TMT

14 April, 2023

Deals Digest: Transaction value jumps this week; Max, SRL ink healthcare M&As

The total value of private equity and venture capital deals grew over four-fold this week from the previous five-day period, ......

PhonePe snags another $100 mn from General Atlantic, others

TMT

12 April, 2023

PhonePe snags another $100 mn from General Atlantic, others

Walmart Inc.-owned PhonePe has raised another $100 million (about Rs 820 crore) in the latest tranche of its ongoing fundraise ......

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Check out India's top cash-guzzling startups

TMT

04 April, 2023

Check out India's top cash-guzzling startups

India’s top technology startups spent billions of dollars raised from alternative investment firms in the year through March 2022 in ......

Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

General

30 March, 2023

Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

Walmart-owned digital payments company PhonePe has decided to call off the deal to acquire buy-now-pay-later (BNPL) platform ZestMoney,   after months ......

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Deals Digest: Startup funding value doubles this week as PhonePe, Lenskart get big cheques

TMT

17 March, 2023

Deals Digest: Startup funding value doubles this week as PhonePe, Lenskart get big cheques

The total value of private equity and venture capital deals in India more than doubled this week from the previous ......

Walmart injects $200 mn more into PhonePe, retains majority stake

TMT

17 March, 2023

Walmart injects $200 mn more into PhonePe, retains majority stake

Fintech company PhonePe said on Friday it has raised an additional $200 million (around Rs 1,650 crore) in primary capital ......