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Pocket FM CFO Anurag Sharma Steps Down

India, May 26 -- Anurag Sharma, the CFO of audio entertainment platform Pocket FM, has stepped down from his position to explore entrepreneurial opportunities. "Anurag Sharma has decided to move on f... Read More


Fundamentum Cofounder Ashish Kumar Launches Rs.2,000 Cr AI & Deeptech VC Fund

India, May 26 -- Fundamentum Partnership partner and cofounder Ashish Kumar has launched a new private investment platform, Fundamentum Frontier Advisors (F2A), to invest in startups building in the d... Read More


The D2C Math Is Breaking: West Asia War Forces Brands Into Repricing Mode

India, May 26 -- In the last few years, the world has adapted to new waves of uncertainty. From Covid to various economic slowdowns to the recent West Asia crisis, every time global supply chains were... Read More


MobiKwik Gets RBI's In-Principle Nod For Offline Payment Aggregator Licence

India, May 26 -- Listed fintech major MobiKwik has received the Reserve Bank of India's (RBI) an in-principle approval to operate as a payment aggregator-physical (PA-P) licence. Upon final approval ... Read More


After Facing FIRs For Allegedly Blocking User Funds, MobiKwik Claims 90% Repayment

India, May 26 -- Days after FIRs were filed against fintech firms MobiKwik and Lendbox for allegedly blocking customer withdrawals on P2P lending platform MobiKwik Xtra, the listed fintech startup has... Read More


Awfis Zooms 19% After Q4 Profit More Than Doubles

India, May 26 -- Shares of Awfis Space Solutions surged 19.05% on the BSE today to hit an intraday high of Rs.428.35 after the coworking space provider's Q4 FY26 show lifted investor sentiment. The s... Read More


Pine Labs To Launch Infra For Stablecoin-Backed Prepaid Cards In Global Markets

India, May 26 -- Fintech major Pine Labs plans to soon launch infrastructure for stablecoin-backed prepaid cards in global markets. During the company's Q4 earnings call today, CEO Ambrish Rau said th... Read More


Exclusive: Yes Madam Bags Rs.50 Cr In Maiden Funding Round From Info Edge

India, May 25 -- At-home salon startup Yes Madam has raised Rs.50 Cr (about $5.2 Mn) in its maiden institutional funding round from Info Edge Growth Fund. The investment will fuel Yes Madam's next ph... Read More


Fuel Crisis Hits Ride-Hailing, Cashfree's Profit Puzzle & More

India, May 25 -- Oil Shock & India's Urban Mobility The ongoing crude oil crisis is testing the limits of India's ride-hailing economy. The rising fuel costs are squeezing driver margins and hiking c... Read More


Paytm To Invest €9 Mn To Expand Europe Operations

India, May 25 -- Paytm announced on Friday that it would invest €9 Mn (around Rs.99.8 Cr) in its European subsidiary, according to its filings with the stock exchanges. The company's board appr... Read More