Visa
Finance
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 ......
Finance
Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit
Infibeam Avenues Ltd, the parent of payment gateway CCAvenue, has acquired contactless technology startup Uvik Technologies for Rs 75 crore ......
Economy
Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive
Visa Inc has complained to the U.S. government that India's "informal and formal" promotion of domestic payments rival RuPay hurts ......
Finance
BillDesk founders, investors chart big gains from $4.7 Bn sale
M N Srinivasu, Ajay Kaushal and Karthik Ganapathy were colleagues at consulting firm Arthur Andersen when they set out to ......
General
Grapevine: ChrysCap to invest in Corona Remedies; Plum Insurance to raise funding
Homegrown private equity fund ChrysCapital is looking to grab a 30% stake in drug manufacturer Corona Remedies for about Rs ......
Finance
Accion Venture Lab raising new fintech-focussed fund
Seed-stage impact investor Accion Venture Lab said on Wednesday it is raising a $33-million (Rs 238 crore) fund that will ......
TMT
Visa, Japan's Recruit join B2B payments firm PayMate's Series D funding round
PayMate India Pvt. Ltd, a business-to-business (B2B) digital payments firm, has raised an undisclosed sum of money in its Series ......
Finance
RBI says foreign firms can process transactions abroad, but must store data in India
Foreign payment firms such as Mastercard and Visa can process transactions made in India outside of the country but the ......
TMT
US considers H-1B visa caps to deter India data storage rules
The United States has told India it is considering caps on H-1B work visas for nations that force foreign companies ......
TMT
RBI to review data storage rules that irked Visa, Mastercard
India will examine concerns raised by foreign technology companies around stringent rules to store data locally, the government said on ......
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