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Pine Labs jumps 29%, overcoming valuation jitters in red-hot IPO market

TMT

14 November, 2025

Pine Labs jumps 29%, overcoming valuation jitters in red-hot IPO market

India's Pine Labs soared in its trading debut on Friday, valuing the company at 320.27 billion rupees ($3.64 billion), as ......

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Kenro Capital to onboard Mastercard exec, former Uber exec as advisors

Finance

25 August, 2025

Kenro Capital to onboard Mastercard exec, former Uber exec as advisors

Kenro Capital, a secondaries investment firm focused on growth-stage companies in India and Southeast Asia, will soon be onboarding two ......

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Peak XV, Madison eye multibagger returns as Pine Labs files for IPO

TMT

26 June, 2025

Peak XV, Madison eye multibagger returns as Pine Labs files for IPO

Peak XV Partners, one of the biggest and most active venture capital firms in India, and private equity firm Madison ......

SoftBank-backed Zeta's valuation hits $2 bn in new funding round

TMT

11 February, 2025

SoftBank-backed Zeta's valuation hits $2 bn in new funding round

Zeta, a banking technology unicorn that counts SoftBank and Mastercard as its investors, said Tuesday it has secured $50 million in ......

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Exclusive: Pine Labs looks at merger possibility with peer to brighten IPO prospects

TMT

30 May, 2024

Exclusive: Pine Labs looks at merger possibility with peer to brighten IPO prospects

Indian digital payments company Pine Labs, which is shifting its domicile back to India from Singapore, is likely looking at the ......

RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

Finance

15 February, 2024

RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to ......

Mastercard names former SBI chair Rajnish Kumar as India chairman

Finance

14 September, 2023

Mastercard names former SBI chair Rajnish Kumar as India chairman

Mastercard on Thursday named former State Bank of India Chair Rajnish Kumar as the chairman of its Indian unit, as ......

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Early investors in Blume, Kalaari-backed Instamojo eye exit but can they get buyers?

TMT

20 July, 2023

Early investors in Blume, Kalaari-backed Instamojo eye exit but can they get buyers?

A digital payments services company backed by venture capital firms Blume Ventures and Kalaari Capital is likely looking to raise ......

Former Mastercard chief Banga frontrunner to head World Bank

Finance

29 March, 2023

Former Mastercard chief Banga frontrunner to head World Bank

US Treasury Secretary Janet Yellen on Wednesday said she expected the US nominee to head the World Bank, former Mastercard ......

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'Instamojo looking at operational profitability by end of CY22'

TMT

07 October, 2022

'Instamojo looking at operational profitability by end of CY22'

Beenext and Kalaari Capital-backed Instamojo's transition to becoming an e-commerce enabler from a payments platform is paying off. The startup's ......

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