India Fintech Market
- All
- News
-
SEBI Notice To Paytm On 2.1 Crore Employee Stock Options To CEO, Firm Says...
Market regulator Sebi has issued notice to fintech firm One97 Communications, which owns the Paytm brand, in the March 2024 quarter on employee stock options given to its MD and CEO Vijay Shekhar Sharma, according to the company filing.
-
Paytm Investing to Build Artificial General Intelligence Software Stack: CEO Vijay Shekhar Sharma
Paytm is investing in Al to build Artificial General Intelligence software stack, founder and CEO Vijay Shekhar Sharma said in the latest annual report and also outlined the India opportunity, the fintech firm's commitment to serve the market and build a long-term profitable business. India can expect 500 million payment consumers and 100 million ...
-
PhonePe Raises $100 Million From General Atlantic, Investors During Ongoing Fundraise
PhonePe on Wednesday said it had raised an additional $100 million ((roughly Rs. 820 crores)) from General Atlantic and other investors as part of its ongoing $1 billion (roughly Rs. 82,063 crores) fundraise to expand into the lucrative lending space. General Atlantic had invested $350 million (roughly Rs. 287 crores) in the fintech during the same...
-
PhonePe Raises Another $100 Million, Valued At $12 Billion Now
This follows a $350 million primary fundraise by the company on January 19 from General Atlantic.
-
Public, Private Sectors Need To Think Out Of Box To Seize Global Opportunities: PM Modi
While interacting with noted economists and experts at NITI Aayog ahead of the Union Budget, PM Modi also applauded the success of the India Digital story and the rapid adoption of fintech across the country.
-
6 Entities To Live Test Fraud Prevention Fintech Products: RBI
Regulatory sandbox refers to the live testing of new products or services in a controlled/test regulatory environment for which the regulators may permit certain relaxations.
-
Paytm Sees No Impact From Lock-In Expiry For Its Shares Today
India's largest fintech company Paytm saw its mandatory lock-in expiry end today, with 86 per cent of its shares becoming free to trade.
-
No Sure-Fire Way To Regulate Fintech Sector: RBI Executive Director
Reserve Bank Executive Director Ajay Choudhary on Thursday said there is no "sure-fire way" to regulate fintech players, and made it clear that the onus is on such entities to operate in a balanced way.
-
RBI Wants Fintech Operators To Follow Rules Of Game: Shaktikanta Das
Warning against mushrooming of lending apps and their usurious recovery prices, the Reserve Bank said it is not interested in penalizing operators or stifling innovation but wants them to follow the rules of the game, governor Shaktikanta Das said on Tuesday.
-
Singapore Central Bank, India's IFSCA To Pursue Fintech Innovations
The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) signed a FinTech Co-operation Agreement to facilitate regulatory collaboration and partnership in FinTech technology.
-
Former RBI Deputy Governor BP Kanungo, Kaushik Dutta Join BharatPe Board
Fintech unicorn BharatPe has appointed former RBI deputy governor B P Kanungo and TARI founder Kaushik Dutta as independent directors.
-
Paytm's Vijay Sharma Got "Resounding Vote" From Shareholders To Stay
The billionaire founder of Paytm emerged unscathed in a crucial test of investor confidence, with a forceful majority of shareholders voting to keep him at the helm of the fintech pioneer that made one of the worst market debuts in Indian history.
-
You Can Withdraw Payments From Abroad In Parts From October: Startup Firm
Fintech startup PayNearby will start a facility of inward cross-border remittance by October, allowing beneficiaries to withdraw the amount as per their requirement rather than taking the whole amount in one go.
-
Policybazaar Says Its IT System Hacked; Authorities Informed
PB Fintech, the parent company of Policybazaar Insurance Brokers Private Ltd, on Sunday said that the IT system of the firm was hacked on July 19 and subsequent corrective action was taken.
-
Google Said to Be in Talks With India to Integrate Shopping Services With E-Commerce Network ONDC
Google is said to be in talks with the Indian government to integrate its shopping services with the country's open e-commerce network ONDC. Google's talks follow the success of its payments business because of the government's initiative for financial transactions.
-
SEBI Notice To Paytm On 2.1 Crore Employee Stock Options To CEO, Firm Says...
Market regulator Sebi has issued notice to fintech firm One97 Communications, which owns the Paytm brand, in the March 2024 quarter on employee stock options given to its MD and CEO Vijay Shekhar Sharma, according to the company filing.
-
Paytm Investing to Build Artificial General Intelligence Software Stack: CEO Vijay Shekhar Sharma
Paytm is investing in Al to build Artificial General Intelligence software stack, founder and CEO Vijay Shekhar Sharma said in the latest annual report and also outlined the India opportunity, the fintech firm's commitment to serve the market and build a long-term profitable business. India can expect 500 million payment consumers and 100 million ...
-
PhonePe Raises $100 Million From General Atlantic, Investors During Ongoing Fundraise
PhonePe on Wednesday said it had raised an additional $100 million ((roughly Rs. 820 crores)) from General Atlantic and other investors as part of its ongoing $1 billion (roughly Rs. 82,063 crores) fundraise to expand into the lucrative lending space. General Atlantic had invested $350 million (roughly Rs. 287 crores) in the fintech during the same...
-
PhonePe Raises Another $100 Million, Valued At $12 Billion Now
This follows a $350 million primary fundraise by the company on January 19 from General Atlantic.
-
Public, Private Sectors Need To Think Out Of Box To Seize Global Opportunities: PM Modi
While interacting with noted economists and experts at NITI Aayog ahead of the Union Budget, PM Modi also applauded the success of the India Digital story and the rapid adoption of fintech across the country.
-
6 Entities To Live Test Fraud Prevention Fintech Products: RBI
Regulatory sandbox refers to the live testing of new products or services in a controlled/test regulatory environment for which the regulators may permit certain relaxations.
-
Paytm Sees No Impact From Lock-In Expiry For Its Shares Today
India's largest fintech company Paytm saw its mandatory lock-in expiry end today, with 86 per cent of its shares becoming free to trade.
-
No Sure-Fire Way To Regulate Fintech Sector: RBI Executive Director
Reserve Bank Executive Director Ajay Choudhary on Thursday said there is no "sure-fire way" to regulate fintech players, and made it clear that the onus is on such entities to operate in a balanced way.
-
RBI Wants Fintech Operators To Follow Rules Of Game: Shaktikanta Das
Warning against mushrooming of lending apps and their usurious recovery prices, the Reserve Bank said it is not interested in penalizing operators or stifling innovation but wants them to follow the rules of the game, governor Shaktikanta Das said on Tuesday.
-
Singapore Central Bank, India's IFSCA To Pursue Fintech Innovations
The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) signed a FinTech Co-operation Agreement to facilitate regulatory collaboration and partnership in FinTech technology.
-
Former RBI Deputy Governor BP Kanungo, Kaushik Dutta Join BharatPe Board
Fintech unicorn BharatPe has appointed former RBI deputy governor B P Kanungo and TARI founder Kaushik Dutta as independent directors.
-
Paytm's Vijay Sharma Got "Resounding Vote" From Shareholders To Stay
The billionaire founder of Paytm emerged unscathed in a crucial test of investor confidence, with a forceful majority of shareholders voting to keep him at the helm of the fintech pioneer that made one of the worst market debuts in Indian history.
-
You Can Withdraw Payments From Abroad In Parts From October: Startup Firm
Fintech startup PayNearby will start a facility of inward cross-border remittance by October, allowing beneficiaries to withdraw the amount as per their requirement rather than taking the whole amount in one go.
-
Policybazaar Says Its IT System Hacked; Authorities Informed
PB Fintech, the parent company of Policybazaar Insurance Brokers Private Ltd, on Sunday said that the IT system of the firm was hacked on July 19 and subsequent corrective action was taken.
-
Google Said to Be in Talks With India to Integrate Shopping Services With E-Commerce Network ONDC
Google is said to be in talks with the Indian government to integrate its shopping services with the country's open e-commerce network ONDC. Google's talks follow the success of its payments business because of the government's initiative for financial transactions.
