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Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

TMT

27 December, 2023

Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......

PhonePe backer General Atlantic confidentially files for US IPO

Finance

12 December, 2023

PhonePe backer General Atlantic confidentially files for US IPO

Private equity firm General Atlantic has confidentially filed for a U.S. initial public offering, Bloomberg News ......

PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis

TMT

18 October, 2023

PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis

Walmart-owned Indian digital payments unicorn PhonePe's revenue surged 77% during the year ended March 2023, on the ......

Paytm's Sharma says open to increasing stake in payments firm

TMT

05 September, 2023

Paytm's Sharma says open to increasing stake in payments firm

Paytm founder Vijay Shekhar Sharma said on Monday he is open to increasing his stake in the Indian fintech firm ......

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PE firm TVS Capital hires McKinsey exec as managing partner

People

08 June, 2023

PE firm TVS Capital hires McKinsey exec as managing partner

Domestic private equity player TVS Capital Funds, a backer of companies like PhonePe, InsuranceDekho, Digit Insurance, ......

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Deals Digest: Transaction value edges up as PhonePe, Chalo score big cheques

TMT

26 May, 2023

Deals Digest: Transaction value edges up as PhonePe, Chalo score big cheques

The total value of private equity and venture capital deals in India slightly increased this week from the previous five......

General Atlantic commits another $100 mn to PhonePe

TMT

22 May, 2023

General Atlantic commits another $100 mn to PhonePe

Global private equity firm General Atlantic on Monday said it has made another $100 million (Rs 820 crore) investment in......

PhonePe backer TVS Capital elevates senior executive as partner

People

22 May, 2023

PhonePe backer TVS Capital elevates senior executive as partner

Homegrown mid-market private-equity firm TVS Capital Funds on Monday said it has promoted Gaurav Sekhri to the role of ......

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PhonePe elevates senior exec to head insurance business

People

19 May, 2023

PhonePe elevates senior exec to head insurance business

India’s biggest fintech startup in terms of UPI transactions, PhonePe, which recently shifted its domicile to India ......

ZestMoney appoints new senior management after founders quit

TMT

16 May, 2023

ZestMoney appoints new senior management after founders quit

Two months after a deal to be acquired by Walmart-owned PhonePe fell through, all three founders of the Bangalore-based ......

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