Fisdom raises $7 million fresh funds in a funding round led by payment platform PayU

1 week, 4 days ago

Bajaj Finance pivots to profitability with AI, scales back payments ambitions

MUMBAI : Bajaj Finance Ltd, one of India’s leading non-bank lenders, is scaling back its ambitions in the payments and credit card businesses as part of a revised five-year roadmap, BFL 3.0. Read this | Bajaj Finance set for a sturdy quarter despite RBI directive Explaining the rationale behind re-evaluating Bajaj Pay, the company’s payments platform, Jain said, “After three …

Finance India Credit Payments Pay Company Million

1 week, 4 days ago

India’s IPO Craze Continues as Vishal Mega Mart Draws Strong Demand

Live Mint

-- Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. IPO craze continues as Vishal Mega Mart draws strong demand India’s equity capital markets show no signs of slowing down, edging closer to their 2021 peak of $21.8 billion in fundraising via IPOs. Vishal Mega Mart’s $944 …

India Bloomberg Ipo Vishal Vishal Mega Mart Strong Demand Vishal Mega

1 week, 6 days ago

MobiKwik’s $67 million India IPO fully sold in first hour as retail investors rush in

Live Mint

-Indian digital payments firm MobiKwik's 5.72 billion-rupee initial public offering was fully subscribed within the first hour of sale on Wednesday, as investors bet on strong growth prospects in India's booming online payments market. Retail investors placed bids for nearly five times the shares reserved for them, while the portion for non-institutional investors was fully sold, exchange data showed. India's …

India Ipo Mobikwik Billion Rupees Fully Sold

2 weeks, 1 day ago

Paytm shares hit 52-week high; up more than 3%

The Hindu

Shares of One97 Communications, which owns the Paytm brand, on Monday jumped more than 3% on the bourses after the company approved the sale of stake in Softbank group's fintech firm PayPay Corporation. Equity markets see high volatility, Sensex falls 150 points, nifty down 37 points As the company's shares touched a 52-week high, the market valuation of Paytm rose …

Paytm Shares Paypay Corporation

2 weeks, 1 day ago

Paytm shares rise 3% to hit 52-week high. What's driving the rally?

India Today

Shares of Paytm,, rose 3% in early trade on Monday to hit a 52-week high. The surge came after the company announced that its wholly-owned subsidiary, One97 Communications Singapore Pvt Ltd, had sold its Stock Acquisition Rights in Japan-based PayPay Corporation to SoftBank Vision Fund 2. Paytm shares climbed 3.19% in early trade to reach Rs 1,007 on the Bombay …

Japan Stock Paytm Paytm Singapore Paypay Corporation Paypay

Paytm shares rise above Rs 1,000 today. 3 things you need to know

India Today

Paytm shares rallied over 3% on Monday, hitting a 52-week high of Rs 1,007 on the Bombay Stock Exchange. Here are three key factors propelling Paytm’s stock upward: STRATEGIC SALE Paytm’s Singapore-based unit approved the sale of its Stock Acquisition Rights in Japanese payments firm PayPay to SoftBank Vision Fund 2 for JPY 41.9 billion. PAYTM'S FINANCIAL PERFORMANCE Paytm reported …

Paytm

2 weeks, 3 days ago

Elon Musk's xAI Wraps Up $6 Billion in Funding in Latest Round

Deccan Chronicle

Elon Musk’s xAI has raised $6 billion in new capital, according to a regulatory filing, wrapping up a funding round that has been in the works for months and was said to value the artificial intelligence startup at more than $40 billion. Bloomberg News reported in October that xAI was seeking new funding at a $40 billion valuation, not including …

Xai Billion Funding

2 weeks, 3 days ago

Mobikwik seeks valuation of around $250 million, cuts issue size

Live Mint

MobiKwik’s public offer will open for subscription on Wednesday with a price band of ₹265-279 per equity share, valuing the company at about ₹2,165 crore, a sharp discount to the valuation the company sought in its last attempt at the public listing back in 2021of ₹7,600 crore. The company, headed by husband-and-wife duo Bipin Preet Singh and Upasana Taku, has …

Market Financial Payments Financial Services Company Crore Rbi

2 weeks, 4 days ago

Paytm’s Singapore arm approves stake sale in Japan’s PayPay

Live Mint

Paytm's parent company, One97 Communications, on Friday, December 6, 2024, approved the sale of its stake in Japan’s credit card company PayPay Corporation. One97 Communications Singapore, a wholly-owned subsidiary of Paytm's Singapore arm, ‘Paytm Singapore’, approved the sale of its stake to the Japanese digital payments company. "We wish to clarify that we have been informed by One97 Communications Singapore …

Japan Sale Company Cent Qoq Its Stake One97 Communications

2 weeks, 4 days ago

Elon Musk's xAI raises another $6 billion from over 90 different investors in latest funding round

Firstpost

OpenAI, which has raised $17.9 billion since its founding in 2015, remains a formidable competitor. xAI’s Colossus supercomputer is set to grow from 100,000 Nvidia GPUs to over a million Musk reportedly offered 25 per cent of xAI shares to those who supported his $44 billion acquisition of Twitter to offset their losses. Among these investors are Oracle founder Larry …

Musk Investors Billion Twitter Grok Xai Latest Funding Round

2 weeks, 5 days ago

VC funding in start-ups rises to $6.53 bn, PEs invest $4.69 bn in January-November

New Indian Express

Meanwhile, private equity funding in start-ups stood at $4.69 billion in January-November 2024, compared to $4.59 billion in 2023 and $14.95 billion in 2022 during the same period. Zepto raised $665 million in June and in August, it raised $340 million, and these were the top two funding rounds in 2024 so far. Late-stage funding remains cautious, with constrained valuations.” …

Funding

2 weeks, 5 days ago

Forbes 30 Under 30 2025: 8 Indian-origin innovators shine in AI category

Live Mint

Eight individuals of Indian origin have been recognized in the prestigious Forbes 30 Under 30 list for class of 2025 in the Artificial Intelligence category. The 2025 Forbes 30 Under 30 list of eight Indian-origin individuals in the AI category are Surya Midha, Adarsh Hiremath, Nikhil Cheerla, Nischal Nadhamuni, Anand Kannappan, Sneha Revanur, Arjun Desai, and Aman Sanger. Sneha Revanur …

Indian Million Nooks Forbes 30 Encode Justice Cofounder Surya Midha

2 weeks, 6 days ago

Rexas Finance Crypto Price Prediction: Can RXS Break $30 And Join The Top 20 Cryptos This Bull Run?

ABP News

New Delhi, December 3: Rexas Finance is causing waves in the crypto space with its creative method of tokenizing real-world assets. Given the presale's continuous success and the crypto community's growing interest, one important question begs: can RXS surpass $30 and secure a spot among the top 20 cryptocurrencies during this Bull Run? Understanding Rexas Finance’s Innovative Model Using blockchain …

Finance Crypto Price Investor Confidence Presale Rexas Finance Rexas

3 weeks ago

Zepto Eyes IPO By 2025 After $350 Mn Funding, Aiming For PAT Positive Next Year

ABP News

Quick commerce company Zepto, buoyed by a fresh $350 million funding round from marquee domestic investors, is steering towards becoming a fully Indian-owned entity and achieving profitability by FY26, according to co-founder and CEO Aadit Palicha. In an interview to PTI, Palicha countered criticisms that the quick commerce model undermines traditional kirana stores, labeling such claims as "data-free narratives" that …

India Indian Zepto Ipo Palicha Kirana Stores

3 weeks, 1 day ago

HPZ Token scam: ED attaches assets worth ₹106.2 crore

Hindustan Times

MUMBAI: The Enforcement Directorate has provisionally attached the proceeds of crime in the form of movable and immovable assets belonging to several suspects, including Chinese-linked shell entities, accused of conning investors of hundreds of crores on the promise that their investments would get doubled through a mobile application, HPZ Token, online gaming and betting websites. HPZ Token scam: ED attaches …

India Bitcoin Crore Chinese Entities Token Scam Hpz Token

3 weeks, 4 days ago

India’s venture capital firms are finding that leaner might be better

Live Mint

On Thursday, early-stage venture capital firm Stellaris Venture Partners launched its largest-ever investment vehicle—a $300 million fund. Similarly, Blume Ventures, which has invested in prominent Indian startups including Battery Smart, Purplle and Unacademy, doesn’t plan to increase the corpus for its next two funds, maintaining them at about $290 million, the venture capital firm told Mint in October. “Several venture …

India Investment Indian Startups Companies Capital Partners

3 weeks, 5 days ago

'This is what I was born to do': Masayoshi Son's SoftBank to invest another $1.5 billion into OpenAI for AI development

Hindustan Times

SoftBank is planning to buy $1.5 billion worth of OpenAI stock as its CEO Masayoshi Son looks to position the Japanese group as an artificial intelligence leader. SoftBank CEO Masayoshi Son has also publicly expressed admiration for OpenAI co-founder and CEO Sam Altman and said he frequently talks to him Son is doing this with an ambitious AI plan of …

Billion Invest Son Ai Openai Softbank Masayoshi Son

3 weeks, 5 days ago

Stellaris Venture launches its largest ever $300 million fund

Live Mint

Bengaluru: Stellaris Venture Partners, which has backed companies such as personal care brand Mamaearth and SaaS startup Whatfix, announced the launch of its largest ever fund with a corpus of $300 million on Thursday. “With this new fund, we’re excited to back founders using technology to solve deep problems in large markets," said Rahul Chowdhri, partner at Stellaris. With this …

India Fund Million Partner Stellaris Venture Launches Stellaris Venture

3 weeks, 6 days ago

OpenAI allows employees to sell $1.5 billion-worth of shares in new tender offer to SoftBank: Report

Live Mint

ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. SoftBank's billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup after investing in the last funding round, according to CNBC, which …

Openai Funding Round Softbank Tender Offer

3 weeks, 6 days ago

OpenAI allows its employees to sell $1.5 billion stock to Masayoshi Son's SoftBank: Report

Hindustan Times

ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. OpenAI logo is seen in this illustration taken on February 3 SoftBank's billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup …

Reuters Openai Softbank

3 weeks, 6 days ago

Paytm has made a big new bet. Will it pay off?

Live Mint

Since its debut on Dalal Street three years ago, Paytm has been battling several challenges. View Full Image Source: Tijorifinance Financial services The RBI's action caused Paytm’s operating model to change significantly as lenders turned cautious. View Full Image Source: Tijorifinance During Q2 FY25, 600,000 unique consumers and merchants availed of financial services through Paytm, up from 590,000 during Q1 …

Services Financial Services Personal Loans Market Share Loans Image Revenue

1 month ago

Zepto Secures $350-Mn Funding To Bolster Domestic Stake Before India IPO

ABP News

Zepto, the rapid delivery start-up, has retained its $5 billion valuation in its latest funding round, attracting notable investors such as Motilal Oswal’s Raamdeo Agrawal, the Taparia Family Office, Mankind Pharma Family Office, RP Sanjiv Goenka Group, Claypond Capital, and the Cello Family Office. Additionally, the round saw participation from other prominent players, including the Haldiram Snacks Family Office, Sekhsaria …

Family Office Billion Ipo Zepto

1 month ago

Zepto raises another $350 million in third fundraise in six months

Live Mint

Bengaluru: Quick commerce company Zepto has secured another $350 million in a funding round led by Motilal Oswal’s private wealth division, making it the firm’s third capital raise in six months. This comes just three months after the Aadit Palicha-led company raised follow-on financing of $340 million led by US-based venture capital firm General Catalyst, making its valuation shoot up …

India Round Zepto Mint Six Months Palicha

1 month, 1 week ago

PhysicsWallah hires former Blinkit CFO Amit Sachdeva as it readies for 2025 IPO

Live Mint

PhysicsWallah, the Lightspeed-backed edtech unicorn, has appointed Amit Sachdeva as chief financial officer as it gears up for a public-market debut in 2025. Sachdeva, formerly Blinkit’s finance chief until its ₹4,000 crore acquisition by Zomato in 2022, brings a wealth of experience from the tech and consumer sectors to the fast-growing edtech firm. Most recently, Sachdeva served as CFO of …

Manoj Sachdeva Ipo Edtech Physicswallah

1 month, 1 week ago

Prosus offers to invest $100 million in Mintifi Finserve at unicorn valuation

Live Mint

Global alternatives investor Prosus has joined the race to pick up a minority stake in supply-chain financing startup Mintifi Finserve, offering to invest up to $100 million in the company, two people with knowledge of the development said. “The firm has given a term sheet and is currently carrying out due diligence," said the first person cited above, adding, “The …

India Crore Million Invest Prosus Mintifi

1 month, 1 week ago

SoftBank posts $7.7 billion profit on India’s IPO market boom, rebound in tech valuations

Live Mint

SoftBank Group Corp. swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations that boosted the Vision Fund portfolio. The Vision Fund reported a gain of ¥373 billion, thanks to strong initial public offerings for Indian startups and valuation gains in Coupang Inc. and Didi Global Inc. A boom in India’s IPO …

India Indian Billion Ai Ipo Softbank Boom Rebound

1 month, 2 weeks ago

'This is naked greed': Zoho's Sridhar Vembu shreds Indian company for firing 660 workers

Hindustan Times

In a veiled dig at Chennai-based Freshworks, Zoho founder Sridhar Vembu slammed the company for its "naked greed" after it laid off 660 people in shock layoffs, a day after it announced a $400-million buyback and its shares soared 28%. While Vembu did not name Freshworks in his X post, he said that a firm with over a billion dollars …

Company Its Workforce Zoho Freshworks Vembu Sridhar Vembu Naked Greed

Rexas Finance: Riding the Wave of DeFi Innovation

ABP News

Rexas Finance is poised to disrupt the decentralized finance (DeFi) industry with its innovative approach to tokenization. Despite Cardano's challenges, Rexas Finance is gaining traction with its zero-tax token model and a strong focus on fractional ownership. The platform's rapid presale sale demonstrates its potential to become a major player in the DeFi space.

Law Technology Finance Cryptocurrency

2 months, 1 week ago

Deep Dive: Whales Shift Focus to Blockchain Innovation and Real-World Value

ABP News

Whale investors are shifting their focus away from Shiba Inu (SHIB) towards more utility-driven and scalable blockchain projects. This trend is evident in the recent surge of whale activity towards NEIRO and Rexas Finance, two blockchain projects that offer real-world asset tokenization and AI-powered DeFi products respectively.

Law Technology Finance Cryptocurrency New Delhi

2 months, 3 weeks ago

OpenAI raises $6.6 billion in funds at $157-billion valuation

LA Times

OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157-billion valuation and bolstering its efforts to build the world’s leading generative AI technology. Microsoft Corp., OpenAI’s largest backer, put in about $750 million, on top of the $13 billion it had already invested in the startup, according to a person familiar …

Tech Company Billion Ai Bloomberg Openai

2 months, 3 weeks ago

How would a U.S. sovereign wealth fund even work? : The Indicator from Planet Money : NPR

NPR

Is an American sovereign wealth fund such a bad idea? Enlarge this image Ronald Martinez/Getty Images Ronald Martinez/Getty Images Sovereign wealth funds have been around since the 1800s, but they're having a bit of a moment right now. The financial instrument was recently name-dropped in HBOs 'Industry' and members of both the Biden administration and the Trump campaign have floated …

Wealth Fund Sovereign Planet Money

2 months, 4 weeks ago

Funding Circle co-founder steps down from firm’s board

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Funding Circle co-founder and former …

Desai Free Breaking Mr Desai Funding Circle

3 months, 1 week ago

OpenAI is reportedly changing its non-profit structure for IPO next year, eyes $150 bn valuation

Firstpost

OpenAI’s journey began in 2015 as a non-profit organisation, funded by donations that totalled around $130.5 million. OpenAI is expected to raise a new round of financing through convertible notes, with its valuation potentially reaching $150 billion In recent years, OpenAI’s revenue has experienced strong growth, with reports suggesting that it doubled its annualised revenue in the first half of …

Openai Ipo

3 months, 3 weeks ago

Paytm gets government nod for investment in payments arm: Details

India TV News

India's Paytm has received approval from the country's finance ministry to invest in its payment services business, the fintech firm. In July, Reuters reported, citing a top finance ministry official, that Paytm had secured approval for a 500 million rupee investment in its payments arm. Paytm Payment Services is one of the biggest remaining parts of the fintech firm's business …

India Services Payments Bank Paytm

4 months, 1 week ago

Razorpay featured on ‘Forbes Cloud 100 2024,’ one of few Indian companies on the list

Hindustan Times

Payments gateway platform Razorpay has now been included in the 2024 Forbes Cloud 100 list, marking the company's third consecutive appearance on the Forbes list of the top 100 cloud-computing private companies in the world. Harshil Mathur, the CEO & Co-founder of Razorpay Razorpay, with nearly 3,300 employees, and having raised close to $742 million in funding, ranked 70th on …

India Indian List 2024 Forbes Forbes Cloud Razorpay 100 List

4 months, 1 week ago

Oyo founder Ritesh Agarwal invests Rs 830 crore in funding round, valuation drops to $2.4 billion

New Indian Express

BENGALURU: Hospitality chain Oyo's founder Ritesh Agarwal has invested Rs 830 crore in the company's latest funding round through Singapore-based entity Patient Capital. The first tranche of funding of Rs 416.85 crore was led by Incred Wealth in July 2024. An additional fund raise of Rs 1047 crore was approved by shareholders of the company on August 8 in an …

Crore Oyo Founder

4 months, 2 weeks ago

WazirX crypto hack | As CEO Nischal Shetty confirms FIR, rival exchange CoinDCX announces ₹50 crore investor protection fund

The Hindu

As WazirX cryptocurrency exchange users anxiously wait for updates regarding the more than $230 million in assets stolen from a breached multi-signature wallet, rival crypto exchange CoinDCX announced a ₹50 crore Crypto Investors Protection Fund. The company’s CEO Nischal Shetty repeatedly asked users to be patient as the incident was being investigated, and confirmed this week that an FIR had …

Crypto Fund Fir Users Exchange Wazirx Nischal

4 months, 3 weeks ago

WazirX crypto exchange hack: how much of the assets was lost, CEO Nischal Shetty’s announcement, and what happens next

The Hindu

Indian crypto exchange WazirX said approximately 45% of its crypto assets was affected by a cyber attack on July 18 that led to the loss of more than $230 million from one of its wallets. “As of June 10, 2024, at 6:30 PM, WazirX’s total holdings stood at an impressive ₹4,203.88 Crores, marking a staggering 79% surge compared to the …

Crypto Assets Exchange Wazirx Shetty Let Users

5 months, 4 weeks ago

Tech investor Sean Parker leads rescue of struggling AI startup

Live Mint

Investors including ex-Facebook President Sean Parker are committing $80 million to take over Stability AI, an image-generation startup that took off with the artificial-intelligence boom but quickly ran into business problems. Despite its problems, Parker said the company’s core technology remained popular, which gave him faith it could become financially successful. “Stability has an enormous amount of influence and distribution …

Business Tech Company Investors Parker Ai Stability

6 months ago

Indian Tech Startups Raise $4.1 Billion In First Half Of 2024, Secure 4th Place Globally: Study

ABP News

Indian tech start-ups secured $4.1 billion in funding in the first half of 2024, a 4 per cent increase from $3.96 billion in the second half of 2023. According to Tracxn, a market intelligence platform, India ranks as the fourth-highest funded country globally in the tech startup landscape, with the US, UK, and China leading in overall funding volumes. Seed-stage …

India Tech Funding Million Half First Half

6 months, 1 week ago

BlockDAG Hits $50M Milestone: Crypto Guru Applauds Keynote 2, Plus Bitcoin & Polygon Forecasts

ABP News

The outlook for Bitcoin remains upbeat, buoyed by favorable economic conditions, which suggest additional upward movement. BlockDAG Presale Hits $50.4M With Strong Expert Backing BlockDAG’s ongoing presale has significantly impacted the cryptocurrency landscape, amassing an impressive $50.4 million by selling 11.5 billion coins. He noted the considerable increase in BlockDAG’s value, thanks to strategic advancements and an attractive $2 million …

Crypto Bitcoin X100 Polygon Matic Blockdag Presale Crypto Profit

6 months, 2 weeks ago

Paytm’s market share Continues to fall after RBI crackdown

Hindustan Times

Paytm’s market share among India’s online payment apps, fell for a fourth straight month as the fintech pioneer struggles to recover from the Reserve Bank of India ordering its affiliate, Paytm Payments Bank to shut down, according to a Bloomberg report. Paytm Payments Bank isn’t actually controlled by Paytm, but is part of founder and CEO Vijay Shekhar Sharma’s fintech …

India Bank Sharma Upi Transactions Paytm Payments Bank Rbi Crackdown Rbi Crackdown Paytm

6 months, 2 weeks ago

BlockDAG Leads Layer 1 With 30,000x Promise After Keynote 2 Launch; Insights On Polkadot's Price & Litecoin Investors' Shift

ABP News

While Polkadot struggles to maintain its $7 price amid market fluctuations, Litecoin investors are looking elsewhere due to flat price trends. These developments have propelled BlockDAG's presale to exceed $45.7 million, with Batch 17 priced at $0.011, promising hefty returns for early backers and foreshadowing a potential 30,000x ROI as the presale progresses. Litecoin Investors Explore New Avenues Litecoin has …

Market Crypto Price Investors Dot Presale Blockdag

6 months, 3 weeks ago

Paytm Stock Surges 5%; Hits Upper Circuit For Second Consecutive Day

ABP News

Shares of One97 Communications, Paytm's parent company, surged by 5 per cent on Thursday, reaching their upper circuit limit for the second consecutive session. Nevertheless, the stock surged by 4.99 per cent, hitting its upper circuit limit of Rs 377.40 on the NSE and Rs 377.50 on the BSE. As of the end of March, Paytm founder Vijay Shekhar Sharma …

Cent Paytm Payments Financial

6 months, 3 weeks ago

Avendus launches ₹3,000-cr late-stage fund to invest in tech, healthcare firms

Live Mint

Bengaluru: Avendus, a financial services firm, has launched a third Future Leaders Fund for which it aims to raise about ₹3,000 crore, including a green-shoe option to raise up to ₹1,500 crore more. The late-stage fund, which will focus on large-cap investments in private markets, intends to make 10-12 investments, with an average ticket size of ₹200-300 crore each, Avendus …

Fund Invest Avendus

6 months, 3 weeks ago

Elon Musk's xAI raises $6 billion in Series B funding round

Hindustan Times

Elon Musk's artificial intelligence startup xAI has raised $6 billion in a Series B funding round backed by investors including Andreessen Horowitz and Sequoia Capital among others, the company said in a blog post on Sunday. Tech billionaire Elon Musk arrives at Ngurah Rai International airport in Denpasar on Indonesia's Bali island. The money will be used to take xAI's …

Musk Elon Musk Round Elon Xai Raises

7 months ago

Paytm Q4: Vijay Shekhar Sharma tells shareholders ‘anticipate tangible results’

Hindustan Times

Paytm's Vijay Shekhar Sharma told shareholders that the company's revenue and profitability will be impacted in the near-term due to disruptions faced in the business in Quarter 4. Vijay Shekhar Sharma, founder and chairman of One97 Communications Ltd., operator of Paytm, attends the Japan Fintech Festival in Tokyo, Japan. Full text of Paytm founder and CEO Vijay Shekhar Sharma’s letter …

Business Our Business Paytm Vijay Shekhar Sharma

7 months, 1 week ago

RTP Global’s 2024 plan offers another hint of a thaw in startup funding winter

Live Mint

Bengaluru: Global venture-capital firm RTP Global, which has backed Indian startups such as Cred, Rebel Foods, Mobile Premier League and Dehaat, expects to increase the pace of its early-stage investments this year, its Asia partner Nishit Garg told Mint in an interview. Since the start of the year there have been 122 early-stage deals – including series A and series …

Global India Startup Startups Funding Companies Quick Commerce

7 months, 2 weeks ago

Vijay Shekhar Sharma assumes leadership of Paytm: Can he steer the company to stability?

India TV News

Recently it was reported that Paytm's share has crashed by about 50 per cent this year, amid high-profile exits, the RBI ban on certain businesses of Paytm Payments Bank Ltd, and fresh reports about some lending partners revoking loan guarantees due to repayment defaults from customers. As the share price continues to hit the lower circuit amid fresh uncertainties, the …

Business Leaders Company Paytm Vijay Shekhar Sharma Cbo

7 months, 2 weeks ago

Muthoot Finance arm Belstar Microfinance files for Rs 1300 crore IPO

New Indian Express

MUMBAI: Belstar Microfinance, an arm of the largest gold loan company Muthoot Finance, has filed the final documents with the regulator Sebi for its initial share sale which seeks to raise up to Rs 1,300 crore. Apart from lending to women self help groups under the microfinance model, the Chennai-based firm also offers loans to micro enterprises, small enterprises, funding …

Finance Crore Muthoot Finance

Fisdom raises $7 million fresh funds in a funding round led by payment platform PayU

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