fino-payments-bank-logo
Posted in Fintech

Fino Payments Bank Appoints Rajat Kumar Jain as Part-Time Chairman Amid Digital Expansion

by SA TeamPosted on

Three points you will get to know in this article: Fino Payments Bank, headquartered in Mumbai, has secured the nod from the Reserve Bank of India (RBI) to appoint Rajat Kumar Jain, the former managing director of Xerox India and Walt Disney India, as its part-time chairman. This significant appointment coincides with Fino Payments Bank’s strategic focus on digital expansion…

Ninjacart-rthnam
Posted in Daily FeedsFintech

Ninjacart’s Rathnam Leads Agri Panel at IAMAI; WhatsLoan’s Gouda Joins as Co-Chair

by SA TeamPosted on

Three points you will get to know in this article: The Internet and Mobile Association of India (IAMAI), dedicated to championing the interests of internet and technology companies, has enlisted seasoned leaders from Ninjacart and WhatsLoan to spearhead its recently established Agritech Panel. In this exciting development, Pradeep Rathnam, the accomplished fintech head at Ninjacart, assumes the esteemed role of…

Jio Logo
Posted in FinanceFintech

Jio Financial Requests RBI Approval to Transition from NBFC to Core Investment Company

by SA TeamPosted on

Three points you will get to know in this article: Jio Financial Services (JFS), recently separated from Reliance Industries Ltd (RIL), has formally approached the Reserve Bank of India (RBI) to undergo a transformation from a non-banking financial company (NBFC) to a core investment company (CIC), as mandated by regulatory requirements. The Rationale Behind the Shift Having successfully debuted on…

Razorpay logo
Posted in Fintech

Reverse Flip: Razorpay’s Cross-Country Merger May Incur $250-300 Million Tax

by SA TeamPosted on

Three points you will get to know in this article: Fintech unicorn Razorpay is strategically considering a move to shift its headquarters to India through a cross-country merger, anticipating a potential tax liability ranging from $250 million to $300 million in its current base, the United States. This strategic initiative involves merging its U.S.-registered entity with its Indian counterpart. Razorpay,…

Zeta
Posted in Fintech

Zeta India Turns Profitable In FY23, Posts PAT Of INR 21.94 Cr

by SA TeamPosted on

Three points you will get to know in this article: Zeta’s Financial Performance in FY23 Zeta, a fintech SaaS unicorn based in Bengaluru, has turned profitable in the financial year ending on March 31, 2023, through its Indian subsidiary Better World Technology Pvt Ltd. The company reported a profit after tax (PAT) of INR 21.94 Cr in FY23, a remarkable…

Onsurity
Posted in BusinessFintech

Insurtech Startup Onsurity Secures $24 Million Funding from IFC and Nexus

by SA TeamPosted on

Three points you will get to know in this article: In a significant stride forward, the insurtech startup Onsurity, with a keen focus on small and medium enterprises (SMEs), has triumphantly raised $24 million in its Series B funding round. The International Finance Corporation (IFC) spearheaded this round, demonstrating a strong endorsement of Onsurity’s mission. Noteworthy participation also came from…

Google Pay
Posted in FinanceFintech

Startups Create Task Forces to Challenge Google on Billing

by SA TeamPosted on

Three points you will get to know in this article: A coalition of Indian enterprises and emerging businesses has collaboratively formed a robust 40-member task force to confront Google, specifically targeting the Google Play Billing System (GPBS). This insightful revelation was shared by individuals privy to the matter with ET. Distinguished personalities within this task force include the visionaries behind…

Posted in BusinessFintech

This Week’s Startup Deals: PhonePe, BharatPe, Housing.com, BOXX, HeyoPhone, SnapE, Shiprocket, and WhiteHat Jr were in the News

by SA TeamPosted on

This week has seen a flurry of exciting developments in the startup world. HeyoPhone successfully secured substantial funding, while gradCapital enthusiastically introduced a $6 million fund tailored to support student-led ventures. In a surprising twist, BharatPe’s Chief Business Officer, Dhruv Bahl, decided to step down from his position, and Ananya Tripathi, the CEO of WhiteHat Jr, also made a notable…

Start typing and press Enter to search

Shopping Cart