The company plans to use the money to expand operations outside India and go deeper into the BFSI segment in terms of product offerings.

Castler said that the raised funds will be used to further grow its domestic and cross-border escrow product portfolio.

On a consolidated basis, IIFL Finance's net profit was at Rs 458 crore against Rs 321 crore. The consolidated result includes earnings of i...

Founders of the fintech platform have taken a 50% pay cut, as the company aligns itself to profitability goals, a statement from Open said.

Earlier this year, Open also received a go-ahead from the RBI for its new cross-border payments product after completing the test phase of ...

Leegality enables businesses to digitally transform their document logistics and is used by over 1,500 businesses, including group entities...

Out of Tiger Global's total investments, 40 per cent were in the fintech sector and 20 per cent in the enterprise technology domain. For Se...

The unique proposition of this neobank is an innovative User Interface (UI) system made exclusively for small merchants -- a first of its k...

The company issued a press statement later in the day saying it had become the 100th Indian unicorn, or those privately held companies with...

Taxman could impose an additional 20% tax on such transactions and income.

Finarkein’s platform lowers the entry barrier to iterating and experimenting on ODEs such as the Account Aggregator, Unified Health Interfa...

"The engine has features that enable users to execute and track the trade in a single click and is equipped with a precise target and stop-...

The new year may be just a week away, but there might yet be time for one last startup to join the coveted club and make it 40 unicorns in ...

The PB Fintech IPO received bids for 57.24 crore equity shares against an offer size of 3.45 crore, according to NSE data. The parent firm ...

Shares of PB Fintech traded in the unlisted market in the range of Rs 2,000-2,300, just a week ago. However, the official IPO details have ...

The price band for the issue has been set between Rs 940 and Rs 980 a share.

In the past one year, IIFL Finance has been focussing on retail small-ticket loans delivered digitally. It has also partnered with banks an...