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Peak XV-backed Pine Labs targeting IPO in second half of 2025

TMT

18 March, 2025

Peak XV-backed Pine Labs targeting IPO in second half of 2025

Indian fintech firm Pine Labs is planning a domestic initial public offering in the second half of 2025 and is ......

Enforcement Directorate says Paytm violated foreign exchange rules

Finance

03 March, 2025

Enforcement Directorate says Paytm violated foreign exchange rules

The Enforcement Directorate said on Monday its investigation revealed that payment services provider Paytm and its units had violated the ......

Walmart-backed PhonePe prepares for stock market debut

TMT

20 February, 2025

Walmart-backed PhonePe prepares for stock market debut

Walmart-backed Indian fintech firm PhonePe is beginning preparatory steps for a public listing on the country's stock exchanges, the company said ......

Paytm's Q3 adjusted loss narrows sequentially as payments business recovers

TMT

20 January, 2025

Paytm's Q3 adjusted loss narrows sequentially as payments business recovers

India's Paytm, on Monday, reported a narrower third-quarter adjusted loss compared with the previous quarter as its digital payments business ......

Top VCs from Saama, Elevation settle Paytm disclosure lapse case with SEBI

Finance

17 January, 2025

Top VCs from Saama, Elevation settle Paytm disclosure lapse case with SEBI

Top executives of venture capital firms Saama Capital, Elevation Capital and Venture Highway, and law firm Shardul Amarchand Mangaldas & ......

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Flashback 2024: Top technology deals of the year

TMT

27 December, 2024

Flashback 2024: Top technology deals of the year

India’s technology sector revealed a contrasting pattern in 2024, with venture capital and private equity investments favoring consumer tech, while IT services ......

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Grapevine: OTPP, Sahyadri Hospitals, Accel-backed Bluestone, Paytm,  and SoftBank in news

General

06 December, 2024

Grapevine: OTPP, Sahyadri Hospitals, Accel-backed Bluestone, Paytm, and SoftBank in news

Ontario Teachers’ Pension Plan plans to sell a controlling stake in a healthcare portfolio, and Accel-backed Bluestone has received board ......

SoftBank swings back to quarterly profit with $7.7 bn gain

Finance

12 November, 2024

SoftBank swings back to quarterly profit with $7.7 bn gain

Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as ......

Paytm cuts EBITDA loss in Q2; gains from one-time sale of ticketing biz

TMT

22 October, 2024

Paytm cuts EBITDA loss in Q2; gains from one-time sale of ticketing biz

SoftBank and Ant Financial-backed One97 Communications, Paytm's parent, posted a net profit of Rs 930 crore dring the second quarter ......

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

TMT

21 August, 2024

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

Indian food delivery platform Zomato said on Wednesday it will acquire the movie and events ticketing businesses of digital payments ......

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