India Resurgence Fund (“IndiaRF”), promoted by Piramal Enterprises Limited and Bain Capital Credit, along with its affiliates today announced an investment of upto INR 615 crore (USD 83 million) in Gujarat based … Read More
Poonawalla Fincorp Limited (Formerly Magma Fincorp Limited) today announced the joining of Gaurav Sharma as its Group Chief Technology Officer (Group CTO). Gaurav will lead and manage the technology initiatives … Read More
PhonePe launches the “Pulse” of Digital Payments, India’s 1st interactive geospatial website. PhonePe, India’s leading fintech platform, today announced the launch of PhonePe Pulse, India’s first interactive website with data, … Read More
Prosus agrees acquisition of Billdesk by PayU for US$4.7bn. Prosus N.V. (“Prosus”), the global consumer internet group and one of the largest technology investors in the world, announced today that … Read More
Spice Money partners with Israel’s leading fintech player, Tarya to launch community-led rural lend-tech platform. Spice Money, India’s leading rural fintech, has entered into a joint venture with Tarya group, … Read More
BharatPe partners with Axis Bank for its POS business. BharatPe, India’s leading fintech company for merchants, today announced a strategic alliance with Axis Bank, the third largest private sector bank in India. … Read More
IIM Ahmedabad and Bank of America partner to set up a Centre for Digital Transformation. Indian Institute of Management Ahmedabad (IIMA), thepremier global management institution, has partnered with Bank of … Read More
Belstar Microfinance Limited, a subsidiary of Muthoot Finance Limited (Muthoot Group) has signed definitive agreements to raise primary equity of Rs. 350 crore from new investor Affirma Capital and existing … Read More
Poonawalla Fincorp Limited (Formerly Magma Fincorp Limited), has signed an MoU with Institute of Company Secretaries of India (ICSI) to provide collateral-free term loans to ICSI members as well as … Read More
HDFC Bank aims to regain credit card market share in 3-4 quarters. HDFC Bank, India’s largest credit card issuer, today announced that it is aiming to add five lakh new … Read More
