Paytm Undertakes Restructuring To Bring Key Units Under Direct Ownership

India, Oct. 15 -- Paytm's parent, One97 Communications, has approved an internal restructuring plan to bring several of its financial and technology subsidiaries under direct ownership. In a filing w... Read More

Neobank OPEN Spent INR 3.5 To Earn Every Rupee In FY25

India, Oct. 15 -- Neobanking unicorn OPEN reported a 35% decline in its net loss to INR 108.9 Cr in FY25 from INR 168.4 Cr in the previous year, as its top line saw strong growth and expenses declined... Read More

Snapmint In Talks To Raise $100 Mn In A Round Led By General Atlantic

India, Oct. 13 -- Buy now, pay later (BNPL) startup Snapmint is in advanced talks to raise around $100 Mn (about INR 886Cr) in a new funding round led by General Atlantic, sources told Inc42. The rou... Read More

FS Life Raises INR 50 Cr To Fuel Offline Expansion

India, Oct. 10 -- Women-focussed fashion house FS Life, the parent company of FableStreet and Pink Fort, has raised INR 50 Cr ($5.6 Mn) in a funding round led by Colossa Ventures and Rahul Garg, found... Read More

CoinDCX's FY25 Profits Jump 15% To INR 1.7 Cr

India, Oct. 10 -- Crypto unicorn CoinDCX has posted a net profit of INR 1.7 Cr in the fiscal year 2024-25 (FY25), rising about 15% from about INR 1.5 Cr PAT reported in FY24. The startup's profits for... Read More

CoinDCX FY25 Profits Jump 15% To INR 1.7 Cr

India, Oct. 10 -- Crypto unicorn CoinDCX has posted a net profit of INR 1.7 Cr in the fiscal year 2024-25 (FY25), rising about 15% from about INR 1.5 Cr PAT reported in FY24. The startup's profits for... Read More

IPO-Bound Meritto's FY25 Profits Surges 50X To INR 2 Cr

India, Oct. 9 -- Info Edge Ventures-backed Meritto (formerly NoPaperForms) has posted a net profit of INR 1.9 Cr in the fiscal year 2024-25 (FY25), marking a jump of about 50X from INR 4 Lakh PAT post... Read More

IPO-Bound Meritto's FY25 Profits Rises INR 2 Cr

India, Oct. 9 -- Info Edge Ventures-backed Meritto (formerly NoPaperForms) has posted a net profit of INR 1.9 Cr in the fiscal year 2024-25 (FY25), marking a jump of about 50X from INR 4 Lakh PAT post... Read More

RBI Launches CBDC Retail Sandbox For Fintech Players

India, Oct. 8 -- The RBI has launched a CBDC retail sandbox to open up access to digital rupee for fintech players and startups. Until now, only a few pilot banks could test the CBDC through closed s... Read More

NPCI Piloting Agentic AI-Based Payments With UPI

India, Oct. 8 -- The National Payments Corporation of India (NPCI) is piloting an agentic AI framework for UPI, marking the next phase of what it calls "intelligent commerce". The payments body showc... Read More

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