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2 mins read
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
2 mins read
Minicorns, Unicorns tripled in USD 100 billion Indian fintech ecosystem: BCG, Z47
The Fintech ecosystem of the country now cumulatively valued at over USD 100 billion, is at a pivot…
ANI
3 mins read
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
2 mins read
VC investments, deals grew in India in Q1 despite fall in global activity: Report
Both venture capital (VC) investment and the number of VC deals grew in India in the first quarter …
1 min read
Fintech firm Perfios becomes India's second unicorn of this year
B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million…
2 mins read
The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation
India has cemented its position as a pioneer in developing and integrating digital infrastructure. …
4 mins read
India’s fintech funding shrinks over 60% to $2 billion
In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…
1 min read
Fintech unicorn InCred reports 132% growth in profit in Q3 FY24
Fintech unicorn InCred on Wednesday reported 132 per cent growth in profit before tax to Rs 298 cro…
2 mins read
Regulations enabled India to be global benchmark in fintech: Razorpay's Harshil Mathur
Regulations in the fintech industry have enabled India to become a global benchmark in fintech and …
2 mins read
ADB approves $23 million loan to catalyze fintech development in Gujarat
According to ADB, Gujarat International Finance Tec-City (GIFT), a state-owned enterprise, serves a…
ANI
1 min read
Mobility fintech startup Moove raises $10 mn to expand India footprint
Global mobility fintech startup Moove on Wednesday said it has raised $10 million in new debt fundi…
4 mins read
India and Singapore elevate relations to Comprehensive Strategic Partnership; Agree to expand trade, investment
India and Singapore elevated their bilateral relations to the level of Comprehensive Strategic Part…
ANI
2 mins read
Fintech SRO aims to enhance credibility of sector, promote ethical conduct
The Reserve Bank(RBI) of India has released a preliminary framework outlining general functions, go…
3 mins read
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report
Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…
PTI
2 mins read
On 8th year of its operations, Jio achieves 8% of world's mobile data traffic
Today, Jio accounts for 8 per cent of the world's total mobile data traffic, making it the largest …
ANI
2 mins read
Paytm registers 25% growth in revenue at ₹9,978 crore in 2023-24
One 97 Communications, that operates popular fintech brand Paytm, reported a 25 per cent rise in re…
ANI
2 mins read
Piyush Goyal invites Malaysian businesses to invest in India's oil, gas, and electronics sectors
Union Minister Piyush Goyal stressed enhancing trade ties between India and Malaysia at the India-M…
ANI
2 mins read
Women are more likely to adopt digital financial services when introduced by local agents or women community influencers
Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…
ANI
4 mins read
Experts suggest regulatory reassessment to boost fintech sector and ease compliance burden
With fintech sector gaining size and scale, there is a need to relook at the regulatory policies an…
PTI
2 mins read
India accounts for nearly half of the global digital payments, highlights RBI report
India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…