True Credits bags $30 million in debt funding round from Indian and Korean investors
Non-banking financial company (NBFC) – True Credits, secured $30 million in debt funding round from Indian and Korean...
fintech startups India
fintech startups India
MobiKwik delays its plans to go public after Paytm’s disastrous market debut
MobiKwik, an Indian payments provider, has postponed its planned initial public offering (IPO) of shares this month, according...
PhonePe announces ESOPs buyback worth Rs 135 crore from employees, founders not to participate in offer
PhonePe, the digital payments, and financial services startup, has announced a buyback scheme for employee stock options offered...
Paytm shares close 27% lower from issue price on listing day; wipes out Rs 38k crore in investor wealth
One97 Communications Ltd., the parent company of digital payments platform Paytm, had the worst stock market debut in...
Revenue-based fintech startup Velocity raises $20 million in Series A round led by Valar Ventures
Velocity, a Bengaluru-based fintech startup, has secured $20 million in a Series A funding round from a US-based...
Paytm IPO will make 350 of its former and current employees crorepatis after listing on stock exchanges
With the $2.5 billion IPO of One97 Communications, the parent company of fintech startup Paytm, around 350 of...
Delhi HC dismissed BharatPe’s petition filed against PhonePe
The Delhi High Court’s intellectual property (IP) division has dismissed a petition filed by fintech startup BharatPe, seeking...
Vayana Network raises $38 million in Series C round from Chiratae Ventures, CDC Group, among others
Vayana Network, a Mumbai-based supply chain finance provider, has secured $38 million (~Rs 283 crore) in a Series...
SoftBank seeks to invest up to $10 billion in Indian startups by 2022, with focus on fintech and edtech sectors
Japanese conglomerate SoftBank Group is seeking to invest $5 billion to $10 billion in India, said SoftBank Investment...
Fintech unicorn CRED targets Rs 100 crore ESOP buyback this year
CRED, the fintech startup, has announced that the cumulative Employee Stock Option Programme (ESOP) buyback under its “accelerated...