Exclusive: Microlending startup RedCarpet gets fresh capital

Vijayakumar Pitchiah

Microlending startup RedCarpet Tech Pvt. Ltd has secured $3.89 million (Rs 26.81 crore at current exchange rates) in a fresh round ....

27 March, 2019

RBI to set up innovation hub for fintech firms

Binu Paul

The Reserve Bank of India (RBI) said it will set up a fintech innovation hub, for which it is preparing soon-to-be-released guidelines. The ....

26 March, 2019
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PhonePe gets fresh infusion from parent as competition heats up

Vijayakumar Pitchiah

PhonePe, the digital payments arm of Walmart-owned e-commerce giant Flipkart, has received the first capital infusion of 2019 ....

22 March, 2019

Parenting-pregnancy app Healofy raises money; rewards platform Cred in funding talks

Payal Ganguly

Parenting-pregnancy social network app Healofy has raised $10 million (Rs 69 crore at current exchange rate) in a Series A round, ....

20 March, 2019

Crypto trading platform CoinDCX raises seed funding

Binu Paul

Cryptocurrency trading platform CoinDCX has raised an undisclosed amount of seed funding from Bain Capital Ventures and a group ....

20 March, 2019

Online payments firm Pine Labs to buy Amazon-backed QwikCilver for $110 mn

Binu Paul

Digital retail payments platform Pine Labs is acquiring Bengaluru-based gift card solutions provider QwikCilver for $110 ....

19 March, 2019
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Singapore-based payments firm InstaReM raises Series C funding

Kavya Kothiyal

Payments firm InstaReM Pte. Ltd has raised the second and final tranche worth around $21 million (Rs 144.3 crore at current exchange ....

19 March, 2019

BookMyShow, PVR face consumer court proceedings over convenience fees

Payal Ganguly

A Right to Information query filed by Hyderabad-based Forum Against Corruption has brought under scrutiny the internet convenience ....

18 March, 2019

Fintech firm Innoviti secures debt financing from Trifecta, NBFCs

Kavya Kothiyal

Bengaluru-based fintech firm Innoviti Payment Solutions Pvt. Ltd has raised Rs 80 crore ($11.55 million as per current exchange ....

15 March, 2019

Online loan facilitator Qbera appoints Myntra’s Goldee Udani as tech chief

Kavya Kothiyal

Qbera, an online platform that facilitates unsecured personal loans, has appointed Myntra’s Goldee Udani as its chief technology ....

14 March, 2019
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Mswipe to get $32-mn cheque from Epiq Capital, Facebook co-founder’s VC firm

Vijayakumar Pitchiah

Mumbai-based mobile point-of-sale services (mPoS) startup Mswipe Technologies Pvt. Ltd is raising $31.47 million (Rs 219 crore ....

14 March, 2019

Digital insurance startup Acko raises $65 mn in Series C funding

Vijayakumar Pitchiah

Mumbai-based online startup Acko General Insurance Co. Ltd has raised $65 million (Rs 452.3 crore) in a Series C round of funding ....

13 March, 2019

Niki.ai partners with Google Pay to tap into Tier 2 and 3 customers

Payal Ganguly

Ratan Tata-backed artificial intelligence firm Niki.ai has partnered with payment gateway Google Pay to bring onboard Tier 2 and ....

13 March, 2019

Mobile engagement firm Karix rolls out app-less services for Yes Bank

Vignesh Ananthraj

Karix Mobile Pvt. Ltd, which provides mobile engagement and communication services for enterprises, has partnered Yes Bank for ....

12 March, 2019

PayU eyes peer Wibmo for $50-60 mn; Quikr close to buying Zefo

Vijayakumar Pitchiah

Naspers-owned PayU is close to acquiring online payments firm Wibmo for an estimated $50-60 million (Rs 348.11 - 417.74 crore), ....

12 March, 2019

Task management app Dunzo closing in on $20 mn funding; Coverfox to raise money

Binu Paul

Bengaluru-based daily tasks management app Dunzo, run by Dunzo Digital Pvt. Ltd, is in advanced stages of discussions to close ....

8 March, 2019

RuPay Global Card consumers cross 64 million mark

Vijayakumar Pitchiah

National Payments Corporation of India (NPCI) said it has racked up 64 million RuPay Global Card consumers ever since it started ....

7 March, 2019

Ezetap appoints interim head Byas Nambisan as new CEO

Vijayakumar Pitchiah

Cellphone payments service provider Ezetap Mobile Solutions Pvt. Ltd has appointed its former finance chief and interim chief ....

6 March, 2019

How this serial entrepreneur plans to automate banking transactions for SMEs

Payal Ganguly

Four-time entrepreneur Anish Achuthan is no stranger to starting-up. The co-founder of neo-banking app Open and former vice-president ....

6 March, 2019

Digital lender SMEcorner raises $12.8 mn in debt and equity

Payal Ganguly

SMEcorner, a microlending platform for small and medium businesses, has raised Rs 90 crore ($12.8 million) in debt and equity ....

6 March, 2019

Paytm balloons to super app, walks in Flipkart's footsteps

Payal Ganguly

Paytm-owner One97 Communications has launched a customer loyalty programme called Paytm First comprising offers on its own services ....

5 March, 2019