FinTech

Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of businessNew Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...

Prior to joining BharatPe, Pankaj was the head of payments engineering at RazorpayNew Delhi: Fintech firm BharatPe Group has appointed former Razorpay senior executive Pankaj Goel as the chief technology officer.Prior to joining BharatPe, Pankaj was the head of payments...

Fintech firm PhonePe has raised about Rs 828 crore in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from existing investor Tiger GlobalNew Delhi: Fintech firm PhonePe has raised another $100 million (about Rs...

Walmart Inc and other PhonePe shareholders faced nearly USD 1 billion as capital gains tax after the digital payments company shifted its headquarters to IndiaNew Delhi: US retail giant Walmart has paid the taxes arising from the shifting of the...

Paytm will not onboard new online merchants till the time approvals from RBI remain pending. It will, however, onboard new offline merchants and offer them payment servicesNew Delhi: Banking regulator Reserve Bank of India (RBI) has put a pause on...

Revenue from its commerce business increased 49 per cent y-o-y due to higher ticketing sales. One97 Communications, which owns the Paytm brand, has set a target to post operating profit by September 2023New Delhi: Financial services firm One97 Communications’ commerce...

Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions in the startup industry and the recent merger of Goibibo with Make My Trip has only corroborated this supposition. Indeed, the corporate appetite for mergers and acquisitions has increased...