India, Sept. 22 -- Pine Labs' early backer Mastercard has exited the company by selling its entire 4.31% stake through a bulk deal on Tuesday. The investor offloaded 4.97 Cr shares at Rs.187.75 apiece... Read More
India, Sept. 22 -- Walmart-backed PhonePe has received in-principle approval from the Central Bank of the UAE (CBUAE) for two payment licences, taking the IPO-bound fintech major closer to launching i... Read More
India, Sept. 21 -- Amid a bull run for Lenskart, early investor Abu Dhabi Investment Authority (ADIA) today offloaded 3.5 Cr shares of the company via its holding entity Platinum Jasmine A 2018 Trust.... Read More
India, Sept. 21 -- Snapdeal-parent AceVector Ltd has filed its red herring prospectus (RHP) with the Securities and Exchange Board of India (SEBI), nearly a year after receiving the markets regulator'... Read More
India, Sept. 21 -- PharmEasy-owned diagnostic chain Thyrocare Technologies has approved the sale of its entire stake in wholly owned subsidiary Nueclear Healthcare Ltd (NHL) to Trovera Healthcare for ... Read More
India, Sept. 19 -- While the introduction of MDR on UPI dominated India's new-age tech discourse this week, startup funding fell sharply. Fourteen startups raised $58.9 Mn, down 82% from the $321.9 M... Read More
India, Sept. 19 -- Investor sentiment towards new-age tech stocks remained divided this week, even as the broader Indian equity market continued to face pressure. Of the 64 stocks tracked by Inc42 unt... Read More
India, Sept. 17 -- Amid the ongoing debate over the introduction of MDR on select UPI transactions, the finance ministry's Department of Financial Services (DFS) has said the move was not driven by "e... Read More
India, Sept. 15 -- India's ubiquitous UPI payment system is set for a significant change from October 15, with the introduction of a merchant discount rate (MDR) on select transactions. Under the new... Read More
India, Sept. 15 -- Markets regulator SEBI has greenlit the proposed IPO of lending tech startup Fibe, formerly known as EarlySalary. According to SEBI's latest processing status, the regulator issued... Read More