Arti Singh
Finance
PhonePe to acquire BNPL startup ZestMoney
Digital payments and financial services provider PhonePe is in the process of acquiring buy-now-pay-later (BNPL) fintech startup ZestMoney, two people ......
Finance
Blume-backed fintech platform IppoPay acquires Tutelar
IppoPay, a Chennai-based payment gateway firm backed by Coinbase Global, Better Capital and Blume Founders Fund, has acquired a risk ......
Finance
BharatPe's Koladiya steps down citing disagreements with management
BharatPe’s co-founder Bhavik Koladiya has ended his association with the company citing disagreements with the fintech firm’s management, two people ......
Finance
Fintech Bright Money lays off 100 employees
Sequoia-backed fintech startup Bright Money has laid off close to 100 people or 50% of its workforce, according to a ......
TMT
Ex-Uber exec Amit Jain's new Web3 venture raises $25 mn led by Sequoia
Amit Jain – who recently quit as a managing director at Sequoia Capital India – has raised about $25 million ......
Finance
Explainer: Why RBI is not okay with fintech PPIs' credit lines from non-banks
On Monday, the Reserve Bank of India said prepaid payment instruments (PPIs) must not be loaded through credit lines from ......
TMT
Former BharatPe chief Grover looks to raise funds for new business, sources say
Shortly after hinting at plans to build a “third unicorn,” on his 40th birthday, former BharatPe chief executive and co-founder Ashneer Grover is ......
Finance
Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore
Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited Paytm ......
Finance
GIC to lead fresh $200 mn round in Cred at over $6.5 bn valuation
Singapore sovereign wealth fund GIC is leading a fresh funding round in Kunal Shah-founded Dreamplug Technologies Pvt Ltd, which operates ......
People
BharatPe: Inside an old covenant
In a move hitherto unseen in India’s startup ecosystem, payments firm BharatPe on Wednesday said its erstwhile managing director and ......
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