Zomato's QIP pricing; qcomm’s bulk ordersHappy Tuesday! Zomato opened its much-talked about qualified institutional placement which expects to rack up Rs 8,500 crore as the quick c...
26 Nov, 2024, 11.21 AM IST
One Card to raise Rs 240 crore from Better Tomorrow Ventures, Peak XV Partners and Z47The round will see the Pune-based fintech get valued at around $1.1 billion, slightly lower than its 2022 valuation of $1.4 billion. Till d...
25 Nov, 2024, 01.12 PM IST
Uni Cards reports rise in FY23 revenue to Rs 34 crore, loss up 13%Uniorbit Technologies, which was impacted by the Reserve Bank of India's order to stop linking credit lines to prepaid cards in June 2022, ...
05 Jan, 2024, 11.37 AM IST
From fintechs to NBFCs – A bridge too far, and other top tech & startup stories this weekAfter the issues with IL&FS and DHFL, the regulator has become very concerned about the NBFC sector. Also, a clutch of unscrupulous Chinese...
19 Aug, 2023, 07.31 AM IST
As card-based fintechs seek Plan B, FPL Tech set for unicorn clubThe banking regulator has, however, told some fintech firms that they should seek licences to continue operating.
14 Jul, 2022, 07.16 AM IST
FPL Technologies set to be newest fintech unicornFounded in 2019, FPL Technologies operates digital credit score platform, OneScore, and has a total of 10 million registered users utilisin...
13 Jul, 2022, 09.27 PM IST
India is one of our most important markets: QED cofounder Nigel MorrisAccording to Morris, with positive macroeconomic growth, the mobile revolution, favourable regulatory regime and the abundance of talent, I...
13 May, 2022, 06.00 AM IST
Ashneer Grover resigns from BharatPe; Step up for Amazon’s Amit AgarwalManish Tiwary, vice-president of the web retailer’s consumer business, will oversee day-to-day functions, but Agarwal will continue to head...
02 Mar, 2022, 10.02 AM IST
Fintech focused investor QED will deploy $500 million in Indian startupsSome of the fund’s biggest bets are Nubank, Remitly, SoFi and Klarna
01 Mar, 2022, 06.00 AM IST
ETtech Deals Digest: WayCool Foods, Lead School, Refyne raise fundsAgritech startup WayCool Foods, Edtech firm Lead School and salary-on-demand platform Refyne were among the startups that raised funding th...
14 Jan, 2022, 04.27 PM IST
FPL Technologies raises $75 million in funding at $750 million valuationThe company now plans to use the proceeds from the fresh raise to double its team strength, hire across marketing and engineering functions...
12 Jan, 2022, 03.32 PM IST
Edtech firms join forces to set rules; Tata’s new financial marketplaceIndia’s top edtech firms are joining forces to implement a self-regulatory code on how they do business in the country. Tata Digital has se...
12 Jan, 2022, 04.05 AM IST
CSB lines up big plans to diversify from goldPrem Watsa's Fairfax-backed CSB Bank is collaborating with the likes of HDFC, IIFL, Pine Labs and OneCard to offer home loans, broking, wea...
24 Sep, 2021, 06.35 AM IST
Matrix, Sequoia lead FPL's $10 million Series-A roundThe company will use the funds to expand its recently launched mobile-based credit card product - OneCard.
19 Aug, 2020, 07.41 AM IST
FPL Technologies secures USD 10 mn funding from Sequoia India, othersThe latest investment brings FPL Technologies' total funding since launch to approximately USD 15 million, it added.
18 Aug, 2020, 04.50 PM IST
FPL Tech raises $4.5 million from Matrix, SequoiaThe startup, which has already launched OneScore App for credit tracking, will also look to offer credit cards to consumers in partnership ...
05 Sep, 2019, 07.58 AM IST