Paytm’s Lending Business Hits Rs 24K Crore Revenue Run Rate in June
Paytm had said that the platform’s lending and payments business achieved a milestone annualised run rate of Rs 24,000 crore in June. The company also...
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Matrix Partners to Raise $450 Million for New India Fund
Matrix Partners India is a subsidiary of US venture capital (VC) firm Matrix Partners, which has backed unicorns such as Ola and Razorpay, according to...
Vijay Shekhar Sharma Buys Back Paytm Shares Worth Rs 11 Crore
According to a regulatory filing, Vijay Shekhar Sharma, managing director of digital financial services firm One97 Communications, has purchased 1.7 lakh shares in the company...
Gullak Raises Rs 10 Crore Funding from Better Capital, Stellaris Venture Partners
Automated savings and investment platform Gullak has announced that it has raised Rs 10 crore in a seed round led by Better Capital and Stellaris...
Sequoia Raises $2.85 Billion for India, Southeast Asia Startups
Sequoia India and Sequoia Southeast Asia raised $2.85 billion through a series of funds, including the India Venture and Growth Fund and the $850 million...
PhonePe Launches UPI SIP For Gold Investments
Digital payments company PhonePe launched a feature on its platform on May 25 that enables users to invest in gold using the Unified Payments Interface...
Paytm Payments Bank Expects Central Bank Curbs to be Lifted in Three-Five Months
India’s Paytm payments bank, which facilitates transactions on the mobile commerce platform Paytm, is expected to allow it to resume accepting new customers in the...
Slice Launches UPI In Big Payments Bet as Fintech Moves Beyond Credit
Tiger Global-backed fintech unicorn Slice has launched Unified Payments Interface (UPI) on its platform as it looks to tap into India’s multi-trillion-dollar payments market, an...
Paytm Not to Acquire Raheja QBE General Insurance
Paytm’s parent company, One97 Communications, said that they remain bullish on their roadmap for general insurance and intend to seek requisite approvals for a new...
Paytm Money Allows HNI To Make Rs 5 Lakh Bid Via UPI Ahead of LIC IPO
Ahead of the LIC IPO, Paytm Money Limited (PML) said it would enable high net worth individuals (HNIs) to make higher bids of up to...
