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India Quotient-backed Pop launches UPI payments service

The company built its UPI stack in partnership with financial firms such as Yes Bank and JuspayBengaluru: Bengaluru-based startup Pop has received approval as a third-party application provider (TPAP) from the National Payments Corporation of India (NPCI) to offer...

Meesho aims to grow merchant base 10 times to 1.1 cr by 2027

Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchantsNew Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...

PhonePe completes separation from Flipkart

After the complete separation of Flipkart and PhonePe, both entities will continue to operate under US-based retail giant WalmartNew Delhi: Flipkart and PhonePe have completed their separation and both entities will continue to operate under US-based retail giant Walmart, a...

RBI pauses onboarding of online merchants by Paytm Payments Services; firm says no material impact on biz

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...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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