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Deals Digest: Deal volume halves as funding slumps this week

TMT

17 February, 2023

Deals Digest: Deal volume halves as funding slumps this week

Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, ......

PhonePe raises additional $100 mn as part of $1 bn round

Finance

14 February, 2023

PhonePe raises additional $100 mn as part of $1 bn round

Walmart-owned digital payments platform PhonePe said it raised an additional $100 million in primary capital from Tiger Global, Ribbit Capital ......

Now PhonePe allows users for cross-border transactions via UPI

Finance

07 February, 2023

Now PhonePe allows users for cross-border transactions via UPI

Digital payments platform PhonePe on Tuesday said it has launched support for cross-border payments through unified ......

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MSwipe in talks to raise $75 mn in new funding round

TMT

07 February, 2023

MSwipe in talks to raise $75 mn in new funding round

Mswipe Technologies Pvt. Ltd, a B2B (business-to-business) fintech startup backed by Falcon Edge and Matrix Partners, ......

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Razorpay starts forex service for startups

TMT

30 January, 2023

Razorpay starts forex service for startups

RazorpayX, the business banking platform of fintech unicorn Razorpay Software Pvt. Ltd, has begun offering foreign ......

PhonePe investors paid Rs 8,000 cr in taxes to make India its home

TMT

25 January, 2023

PhonePe investors paid Rs 8,000 cr in taxes to make India its home

Making India its home has proved to be expensive and "shocking" for the investors of digital payments company PhonePe ......

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Deals Digest: Fintech cos lead funding race this week

TMT

20 January, 2023

Deals Digest: Fintech cos lead funding race this week

Financial services sector took the front seat in funding activity this week, which also saw Walmart-owned digital ......

PhonePe raises $350 mn at $12 billion valuation

Finance

19 January, 2023

PhonePe raises $350 mn at $12 billion valuation

Walmart-owned payment services provider PhonePe on Thursday said it has raised $350 million (around Rs 2,478 crore) in a......

Flipkart's  $700 Mn Esop Cash Payout To Benefit 25,000

Consumer

27 December, 2022

Flipkart's  $700 Mn Esop Cash Payout To Benefit 25,000

More than 25,000 current and former employees of Flipkart are set to make a financial windfall as the e-commerce giant ......

IPO-bound PhonePe concludes separation from Flipkart

Finance

23 December, 2022

IPO-bound PhonePe concludes separation from Flipkart

Walmart-owned Flipkart and digital payments platform PhonePe, on Friday announced the full ownership separation of ......

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