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Arti Singh

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PhonePe to acquire BNPL startup ZestMoney

Finance

25 November, 2022

PhonePe to acquire BNPL startup ZestMoney

Digital payments and financial services provider PhonePe is in the process of acquiring buy-now-pay-later (BNPL) fintech startup ZestMoney, two people ......

Blume-backed fintech platform IppoPay acquires Tutelar

Finance

06 September, 2022

Blume-backed fintech platform IppoPay acquires Tutelar

IppoPay, a Chennai-based payment gateway firm backed by Coinbase Global, Better Capital and Blume Founders Fund, has acquired a risk ......

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BharatPe's Koladiya steps down citing disagreements with management

Finance

02 August, 2022

BharatPe's Koladiya steps down citing disagreements with management

BharatPe’s co-founder Bhavik Koladiya has ended his association with the company citing disagreements with the fintech firm’s management, two people ......

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Fintech Bright Money lays off 100 employees

Finance

22 July, 2022

Fintech Bright Money lays off 100 employees

Sequoia-backed fintech startup Bright Money has laid off close to 100 people or 50% of its workforce, according to a ......

Ex-Uber exec Amit Jain's new Web3 venture raises $25 mn led by Sequoia

TMT

15 July, 2022

Ex-Uber exec Amit Jain's new Web3 venture raises $25 mn led by Sequoia

Amit Jain – who recently quit as a managing director at Sequoia Capital India – has raised about $25 million ......

Explainer: Why RBI is not okay with fintech PPIs' credit lines from non-banks

Finance

23 June, 2022

Explainer: Why RBI is not okay with fintech PPIs' credit lines from non-banks

On Monday, the Reserve Bank of India said prepaid payment instruments (PPIs) must not be loaded through credit lines from ......

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Former BharatPe chief Grover looks to raise funds for new business, sources say

TMT

16 June, 2022

Former BharatPe chief Grover looks to raise funds for new business, sources say

Shortly after hinting at plans to build a “third unicorn,” on his 40th birthday, former BharatPe chief executive and co-founder Ashneer Grover is ......

Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Finance

17 May, 2022

Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited Paytm ......

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GIC to lead fresh $200 mn round in Cred at over $6.5 bn valuation

Finance

07 April, 2022

GIC to lead fresh $200 mn round in Cred at over $6.5 bn valuation

Singapore sovereign wealth fund GIC is leading a fresh funding round in Kunal Shah-founded Dreamplug Technologies Pvt Ltd, which operates ......

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BharatPe: Inside an old covenant

People

03 March, 2022

BharatPe: Inside an old covenant

In a move hitherto unseen in India’s startup ecosystem, payments firm BharatPe on Wednesday said its erstwhile managing director and ......