India, March 27 -- Fintech company MobiKwik said that an ex-employee of the company defrauded the company of INR 1.26 Cr by altering merchant details. In an exchange filing, the company said that the... Read More
India, March 27 -- Fintech major Jio Financial Services (JFS) has infused INR 1,000.24 Cr (about $117 Mn) in its NBFC arm Jio Finance Limited (JFL) to further expand its offerings. In an exchange fil... Read More
India, March 27 -- Extending the months-long turmoil over Aakash Institute's fundraise plans, the National Company Law Tribunal (NCLT) has ordered a status quo on the shareholding of the edtech till t... Read More
India, March 27 -- Adding to the list of startup unicorns eyeing IPOs, fitness unicorn Cult.fit has reportedly initiated its bid to become a publicly listed company. As per a CNBC-TV18 report, the Zo... Read More
India, March 26 -- D2C tea brand Vahdam India has raised INR 25 Cr ($3 Mn) in a "strategic" funding round from SIDBI Venture Capital. In a statement, the startup said that the funding will help it st... Read More
India, March 26 -- Dairy tech soonicorn Country Delight is raising about $25 Mn (INR 212.50 Cr to be precise), in what looks like its Series E funding round, from Temasek's subsidiary V-Sciences Inves... Read More
India, March 26 -- Update | March 26, 3:25 PM A couple of days after the Payments Council of India (PCI) sought reinstatement of merchant discount rate (MDR) on UPI payments and RuPay transactions, r... Read More
India, March 25 -- Investment tech platform Fisdom, which is reportedly in talks for an acquisition by bigger rival Groww, saw its consolidated net loss decline by 19% to INR 57.4 Cr in the financial ... Read More
India, March 25 -- The members of industry body Fintech Convergence Council (FCC) are reportedly planning to set up a new entity to get the RBI's licence for self-regulatory organisation (SRO) for the... Read More
India, March 25 -- About two months after coworking space provider WeWork India filed its IPO papers with SEBI, the markets regulator has kept its document in 'abeyance'. In its latest update on IPO ... Read More