ETtech Deals Digest: Startups raise $532.6 million this week; up 13x on-yearStartups across seed, early and late stages raised the funds through 27 deals, the same as in the year-ago period.
UPI’s growth pangs, Japan eyes Indian chipsHappy Monday! Yearly growth for UPI is slowing as its user base expands. This and more in today’s ETtech Morning Dispatch.
Digital payment company Easebuzz bags $30 million lead by BessemerSpeaking with ET, Rohit Prasad, managing director, Easebuzz, said that existing investors 8i Ventures and Varanium Capital also participate...
Lenskart’s Peyush Bansal on global expansion; Easebuzz hits home runHappy Wednesday! Lenskart CEO Peyush Bansal spoke to ET about building a global brand, IPO plans and more. This and other top stories in to...
How digital payments company Easebuzz quietly broke into the big leaguePune-based fintech Easebuzz is set to close FY25 with a Rs 25 crore net profit, doubling revenue to Rs 650 crore. Amid regulatory shifts, i...
Easebuzz secures RBI nod to operate as online payment aggregatorThe payment solutions provider had received the in-principle nod for the PA licence in 2022. Per the company, its payments platform is proc...
Easebuzz gets RBI authorisation to operate as online payment aggregatorEasebuzz has secured final authorisation from the Reserve Bank of India to operate as an online payment aggregator, catering to sectors inc...
Payment gateways under ED scrutiny over crypto scam: ReportThe investigation, conducted on nine payment gateways, including PayU and Paytm, pertained to a cryptocurrency scam allegedly operated by 1...
Paytm shares nosedive 9% amid reports of ED probe in crypto scamPaytm Share Price: One97 Communications shares fell by up to 9% due to ED investigations into cryptocurrency scams involving several paymen...
Shopping on credit nearly doubled during Diwali for e-commerce consumers, cash on delivery slumps - GoKwikCredit use doubled this festive season. Credit cards and BNPL options drove this growth for D2C brands on GoKwik's network. Prepaid payment...
Elvish Yadav, Bharti Singh summoned in Rs 500 crore investment fraud busted by Delhi PoliceElvish Yadav and Bharti Singh have been summoned by Delhi police over a Rs 500 crore app scam involving the HIBOX mobile application. The a...
Easebuzz partners with Wix for seamless payment acceptance in IndiaMerchants in India with websites and eCommerce stores built on Wix can now integrate Easebuzz APIs to accept secure digital payments.
ED freezes Rs 46.67 crore in Paytm, Razorpay, Cashfree accountsHPZ Token & other dubious cos, some with China links, may have misused weak KYC compliance at gateways
Paytm plunges 6% as ED freezes funds in payment walletThe action was initiated by the probing agency after conducting raids this week against Chinese-controlled loan apps and investment tokens....
Easebuzz gets in-principle approval from RBI for Payment Aggregation AuthorizationEasebuzz is a digital platform where businesses can include “technology-based solutions” which are integrated with payments so as to digiti...
Easebuzz to empower Shopify merchants with tools for online payment collectionsDriven by affordable internet and smartphone adoption, ecommerce segment is growing in India at a CAGR of 19.24% and it’s an opportunity of...
Fintech startup Easebuzz raises $4 million in first funding roundEasebuzz, which was bootstrapped yet profitable so far, will use the funding to strengthen its product team, enhance sales and marketing ef...