Listed fintechs’ m-cap surges from $2bn to $46bn in two decades; over 50 firms eye IPOs
Over 50 fintech companies, including PhonePe, Pine Labs, Razorpay, PayU, bankBazaar, are “most likely” to launch their IPOs over the next 3-5 years, as per JM Financial report.
Consumer benefit should determine regulation: Kris Gopalakrishnan
Infosys co-founder Kris Gopalakrishnan believes despite concerns, India can build on its cross-border payment dreams.
PB Fintech shares fall 4% amid block deal; Tencent Cloud Europe likely seller
Tencent Cloud Europe BV was looking to sell 1.2% stake in Policybazaar’s parent at an average price of ₹1,228 per share, amounting to ₹677 crore.
PB Fintech shares trade mixed despite strong Q4 performance
The company managed to break even in the previous quarter and swung back to profitability in the March quarter of FY24.
Starting Up A Jobs Movement
Number of start-ups has grown rapidly since the launch of the Start-up India programme in January 2016, creating lakhs of jobs.
Paytm shares fall 4% after Paytm Payments Bank CEO resigns
Surinder Chawla has resigned as Managing Director and CEO of Paytm Payments Bank, an associate entity of Paytm.
How We Did It
Fortune India and CIEL HR identify the ‘Future-ready Workplaces’ in India Inc. for 2024.
PhonePe's Indus Appstore surpasses 1 mn installations in 1 month
PhonePe says 45% of the users of this indigenous app store come from Tier 2 cities.
Softbank cuts more stake in Paytm; stock falls 5%
SoftBank entity SVF India Holdings has sold 2.17% stake in One97 Communication between January 23, 2024 and February 26, 2024, bringing down its holding to 2.83%.
FM urges RBI to hold monthly meetings with start-ups, fintech cos
Nirmala Sitharaman urges RBI to hold monthly meetings via virtual mode to discuss concerns of start-ups and fintech companies.