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India ranks 3rd globally in fintech funding despite 33% lower infusion in 2024: Report

The sector witnessed a decline in funding, driven by a broader slowdown in demand and geopolitical headwindsNew Delhi: India ranked third globally in terms of funding received in the fintech segment despite a decline of 33 per cent on...

Paytm partners with Axis Bank to offer POS solutions, card payment devices

Through this partnership, Paytm expects its technology to reach a wider merchant base via Axis Bank, thereby enhancing the capabilities of both entitiesNew Delhi: Fintech firm One 97 Communications, which owns the brand Paytm, has partnered with Axis Bank...

FinTech major Intellect targets $30-35 million business with its new solutions by 2027

The new solutions launched are in the area of corporate procurement and accounts payable and are aimed at mid to large enterprises Mumbai: Chennai-based cloud-native FinTech major Intellect Design Arena Ltd., is eyeing $30-30 million or Rs300 crore business by...

Paytm Q4 FY24 loss widens to Rs 550 crore

The Reserve Bank of India (RBI) barred Paytm Payments Bank Limited (PPBL) from accepting deposits, credit transactions or top-upsNew Delhi: Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter...

Razorpay announces ‘UPI Switch’ in partnership with Airtel Payments Bank

The 'UPI Switch' will also enable 5 times faster access to UPI (Unified Payments Interface) innovations for businessesNew Delhi: Fintech company Razorpay on Tuesday launched its own UPI infrastructure with 'UPI Switch', a cloud-based innovation in partnership with Airtel...

Consumer electronics startup Seven launches 7 Ring, a wearable payment solution

7 Ring is an open-loop contactless payment wearable solution powered by the RuPay network New Delhi: Homegrown consumer electronic startup Seven has unveiled a new smart ring called 7 Ring, a contactless payment solution device, the company announced in a...

India is a major focus for Apple: CEO Tim Cook

Apple CEO Tim Cook said the tech giant has a "low share" in India's large market and there is a "lot of headroom" and "positives" for the company thereNew York: Describing India as a "major focus" for Apple, CEO Tim...

India Start-up Tracker: Who got what in the first half of 2023

A look at the funding scenario for startups in India in the first half of calendar year 2023Mumbai: Funding in the Indian startup ecosystem continues with cautious optimism. Despite the significant dry powder earmarked for Indian start-ups, the ecosystem...

Paytm unveils indigenously made soundbox with card payment option

The company has deployed soundbox at around 8.5 crore point of sales and expect to match the same pace of deployment for the new devices.New Delhi, Sep 4 (PTI) Fintech firm Paytm on Monday launched a soundbox device that lets...

The offshoots: 12 startups founded by former Flipkart employees

From fitness to fintech, here are 12 diverse startup businesses founded by individuals who were once part of the Flipkart team Bengaluru: Flipkart is the model success story of an Indian e-commerce startup. The homegrown e-commerce platform Flipkart was founded...
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Latest News

Third Wave Coffee targets 150 cafes by March 2025

Currently, the brand has a presence across 10 cities including Delhi-NCR, Mumbai, Bengaluru, Pune, Hyderabad and ChandigarhBengaluru: Coffee-first quick...
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