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Why QED-backed Leo1 needs a sharp turnaround to stabilise its ship

Mumbai, Aug. 15 -- QED-backed edu-fintech Leo1 is making sweeping cutbacks as it pivots away from its core lending business, seeking to stabilise operations and grow in new segments, according to mult... Read More


Paytm gets RBI's in-principle nod for online payment aggregator licence

New Delhi, Aug. 13 -- The Reserve Bank of India (RBI) has given Paytm Payments Services Ltd (PPSL) an in-principle approval to operate as an online payment aggregator, the company's parent One 97 Comm... Read More


Paytm gets RBI nod to operate as payment aggregator

New Delhi, Aug. 13 -- The Reserve Bank of India (RBI) has given Paytm Payments Services Ltd (PPSL) an in-principle approval to operate as an online payment aggregator, the company's parent One 97 Comm... Read More


Bhavin Turakhia's Titan to enter financial services for SMBs following boost from GoDaddy partnership

New Delhi, Aug. 12 -- Serial entrepreneur Bhavin Turakhia's business email venture Titan is preparing to make its debut in financial services for small and medium businesses (SMBs), adding offerings l... Read More


Antfin to fully exit Paytm in Rs.3,800 cr block deal

mumbai, Aug. 5 -- China's Alibaba group is saying final goodbye to India's Paytm, 10 years after the conglomerate bet on what was then India's premier payment tech business. A unit of Alibaba will sel... Read More


Antfin to fully exit Paytm in Rs.3,800 crore block deal

New Delhi, Aug. 4 -- China's Alibaba group is saying final goodbye to India's Paytm, ten years after the conglomerate bet on what was then India's premier payment tech business. A unit of Alibaba wil... Read More


No FASTag, no bank, no fluff: How Paytm cut its way to a profit

Mumbai, Aug. 4 -- In 2017, the Indian government made FASTag toll payment mandatory for all new vehicles. Paytm, already eyeing dominance in digital finance, quickly seized the moment. The fintech com... Read More


As profits soar, PB Fintech takes a second bite at mutual funds

New Delhi, Aug. 1 -- PB Fintech will re-enter the fee-based mutual fund business to gain another source of revenue under the PB Money vertical, management said during the analyst call for Q1FY26, afte... Read More


Tiger Global-backed Progcap expands beyond lending, pilots tech platform for MSMEs

New Delhi, July 29 -- Progcap, a fintech company focused on small businesses, is setting up a new vertical that will digitise their supply chains and offer them on-the-spot credit. It is building a f... Read More


Paytm swings to profit on AI cost savings, payments business

Mumbai, July 23 -- One97 Communications, Paytm's parent, on Tuesday reported a net profit of Rs.123 crore in the April-June quarter of FY26 (Q1FY26), buoyed by artificial intelligence-led improvements... Read More