Tag: India
Indian paytech MobiKwik refiles draft papers for IPO, hopes to raise $84m
MobiKwik's IPO Refiling:Indian paytech firm MobiKwik has refiled draft papers for an initial public offering (IPO) with the Securities and Exchange Board...
Indian fintech PhonePe names Ritesh Pai as CEO of international payments
New Leadership at PhonePe:Ritesh Pai, a banking professional with over 25 years of experience, has joined PhonePe.
Pai was previously associated with...
India’s M2P Fintech acquires Goals101 to tap AI-led transaction behaviour intelligence
Acquisition Details:M2P Fintech, based in Chennai, India, has acquired Goals101 for approximately $30 million (INR 250 crore).Integration of Goals101:Goals101's platform,...
Reserve Bank of India outlines plans for new fintech repository and cloud facility for FS firms
Fintech Repository and Cloud Facility:RBI plans to establish a fintech repository and a new cloud facility.
Fintech repository to capture essential information...
India’s PhonePe reportedly planning to launch consumer lending in January 2024
Expansion Plan: PhonePe plans to enter the consumer lending space by January 2024.
Integration Progress: The fintech is in the "final stages" of integrating with...
Berkshire Hathaway sells stake in India’s Paytm for $165m
Berkshire Hathaway Sells Paytm StakeBillionaire Warren Buffett's company, Berkshire Hathaway, sold its entire stake in Indian fintech One 97 Communications (Paytm) for...