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Ex-BharatPe CBO Pratekk Agarwaal's GrowthCap Ventures To Close Maiden INR 50 Cr Fund In 2 Months

India, May 10 -- GrowthCap Ventures, an early stage venture capital (VC) fund launched by former BharatPe chief business officer Pratekk Agarwaal, is looking to close its maiden fund at INR 50 Cr in t... Read More


Digit Sets IPO Price Band At INR 258-272, Aims To Raise Over INR 2,600 Cr

India, May 10 -- Insurance tech unicorn Digit Insurance has set a price band in the range of INR 258 to INR 272 per equity share for its upcoming initial public offering (IPO), which is opening for bi... Read More


Zeta Rolls Out UPI-Integrated Credit As-A-Service Product For Banks

India, May 10 -- Fintech unicorn Zeta has rolled out a digital credit-as-a-service product for banks. The product is based on NPCI's credit line on UPI scheme, which uses the network to speed up credi... Read More


NPCI Likely To Extend UPI Market Cap Deadline By Another Two Years

India, May 10 -- The National Payments Corporation of India (NPCI) has reportedly yet again decided to extend the timeline for the implementation of a 30% cap on the UPI market share of digital paymen... Read More


File Review Petition Against Order To Remove Non-Consensual Images: Delhi HC To Google, Microsoft

India, May 9 -- The Delhi High Court (HC) on Thursday (May 9) directed Google and Microsoft to file a fresh review petition against the court's previous order which required the tech giants to identif... Read More


Paytm Payments Bank Migrates Its Bill Payment Operations To Euronet India

India, May 9 -- Paytm Payments Bank (PPBL) has moved its bill payment operations to Euronet Services India, after recently switching its retail point-of-sale business to RBL Bank and merchant payment ... Read More


TBO Tek IPO: Public Issue Subscribed 4.15X On Day 2

India, May 9 -- B2B travel portal Travel Boutique Online or TBO Tek's public issue was oversubscribed 4.15X on the second day on Thursday (May 9) on the back of strong interest from non-institutional ... Read More


Edtech Startup Skill-Lync's FY23 Loss Widens 1.9X YoY To INR 266 Cr, Revenue Surges 200%

India, May 9 -- Chennai-headquartered edtech startup Skill-Lync saw its standalone net loss widen over 90% to INR 266.4 Cr in the financial year 2022-23 (FY23) from INR 140.1 Cr in the previous fiscal... Read More


Delhi HC Seeks Centre's Response On A PIL Seeking Ban On Deepfake Apps

India, May 9 -- The Delhi High Court (HC) on Wednesday (May 8) reportedly sought responses from the Centre on a public interest litigation (PIL) that seeks directions to block public access to apps an... Read More


RBI Guv Discusses Plans To Expand UPI Offerings, Address Challenges Faced By Fintechs

India, May 9 -- RBI Governor Shaktikanta Das, on Wednesday (May 8), held a meeting with major stakeholders of the unified payments interface (UPI) ecosystem to discuss strategies for expanding digital... Read More