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Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....- Haitong sees 26% upside in Paytm. Lists 4 reasons for buying the dipsHaitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside o...
- Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
- Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
- Fintechs go easy on IPO plans as war rattles stock marketsPublic listing plans for new-age fintech companies have received a major blow as the crisis in West Asia has battered the Indian rupee and ...
- The rise of AI in financial services; analysts split on IT’s futureHappy Thursday! Financial services firms are increasingly adopting AI. This and more in today's ETtech Morning Dispatch.
- Fintech lender Moneyview files DRHP with Sebi for IPO, seeks to raise Rs 1,500 crore via fresh issueThe company plans to pump in Rs 450 crore to capitalise its in-house NBFC and use another Rs 650 crore to support loan disbursals through p...
- Fintech unicorn Moneyview files DRHP with SEBI for Rs 1,500 crore IPOFintech unicorn Moneyview Limited has filed its DRHP with SEBI for an IPO, aiming to raise capital through a fresh issue and an Offer for S...
- Kreditbee eyes $120 million pre-IPO fundraise at unicorn valuationBengaluru-based Kreditbee is looking to close a $120 million (about Rs 1,000 crore) funding round, which could propel the fintech lending s...
- Swiggy rides out of Rapido; Festive fervour hits ecommHappy Wednesday! Swiggy is selling its entire stake in Rapido, following the latter’s foray into food delivery. This and more in today's ET...
- Kissht DRHP: Rs 1,000 crore fresh issue, Vertex and other investors to sell stakeKissht is among the first digital lending startups to file its DRHP. It said Rs 750 crore from the proceeds will be infused into its in-hou...
- Digital lending startup Fibe eyes $35 million fundraise from IFCIt has sought the participation of its existing investors — Eight Road Ventures, Norwest Venture Partners, and TPG, which had invested thro...
- Kreditbee gets nod to become public entityBengaluru-based fintech company Kreditbee has taken two crucial strides towards its Dalal Street debut, securing board approval to become a...
- Qcomm’s ad revenue push; Paytm swings to blackHappy Wednesday! Quick commerce firms want to make up for mounting losses with ad revenue. This and more in today’s ETtech Morning Dispatch.
- Kissht reports fall in FY25 revenue; net profit at Rs 160 croreSlowdown in business driven by macroeconomic factors which impacted unsecured consumer lending business. The IPO-bound startup is only proc...
- Digital lending startups put off IPO plans amid muted growthDigital lending startups experienced slower growth in FY25 due to rising expenses, tighter regulations, and worsening credit quality, poten...
- Indian unicorns hit $385 billion valuation in 2024 amid surge in IPOs, acquisitions: reportThe report also noted that 29 unicorns were profitable in 2024, including companies like Zerodha, MakeMyTrip and InfoEdge. However, one-fif...
- Year in Review: Startup funding freeze saw signs of thaw in 2024Indian startups raised slightly more funding in 2024 than in 2023, but the ecosystem remained slow. Fewer deals were closed. Several new un...
- ETSA Startup of the Year Lenskart; consumer lending fintechs’ FY24 reportLenskart CEO Peyush Bansal outlined the company's expansion plans, including a new manufacturing plant in southern India, in an exclusive i...
- New growth markets for IT firms; Stride Ventures closes third fundIndian IT firms are seeing rapid growth in new geographies amid a slowdown in their established North American market. More on this in toda...
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