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Gulf crisis clouds cross-border payments startups’ business outlookAbout 10% of India’s ecommerce exports – estimated at around $150 billion annually – are routed through the UAE. Disruptions in key shippin...- India's $2 trillion export dream has a paperwork problemDigital-first exporters are powering India’s trade ambitions, but compliance delays and documentation gaps continue to hinder their progres...
- Xflow secures $16.6 million funding from PayPal, General Catalyst, other investorsXflow has secured $16.6 million in a fresh funding round led by existing investor General Catalyst. PayPal has participated in the round as...
- Skydo secures Rs 90 crore in fresh fundingSIG led the round with an infusion of more than $7 million, Skydo cofounder Movin Jain told ET. With this round, the total funding raised b...
- US ending 'de minimis' exception hits cross-border payment firmsCross-border payment firms anticipate a 15-25% drop in India-US ecommerce shipments due to the US ending the de minimis exemption on August...
- New bill riles online gaming; De minimis blow to Indian exportsHappy Wednesday! A new bill proposing a ban on real-money games has ruffled industry feathers. This and more in today's ETtech Morning Disp...
- Price wars hurt payment firms; CG Power’s fab play faltersHappy Friday! Payment aggregators are slashing fees to stay in the game. This and more in today’s ETtech Morning Dispatch.
- Digital payment firms in a no-win game as margins hit rock bottomOnline payment aggregators (PAs) are locked in a race to the bottom on pricing, each trying to outbid the others to win market share in an ...
- VCs in reset mode amid exit pressure; and other top tech & startup stories this weekWhile VCs haven’t really been busy closing deals over the past year or so, their performance has surely come under increased scrutiny as li...
- Fintechs push for cross-border payments; Chiratae’s $70 million portfolio saleHappy Wednesday! Razorpay, Cashfree, PayGlocal and other fintech startups are seeking a licence for facilitating cross-border payments from...
- Fintech is making global payments its businessRazorpay, Cashfree, PayGlocal, and new entrants rush for RBI's PA-CB licence to tap into lucrative B2B cross-border payments market. Fintec...
- PayGlocal receives in-principle approval from RBI for payment aggregator businessPayGlocal was founded in 2021 by ex-Visa senior directors Prachi Dharani, Rohit Sukhija and Yogesh Lokhande. It runs a technology platform ...
- Paytm, Google Pay, Amazon Pay, PayU, others: Which online payment aggregator is allowed to operate, which isn't? RBI full listThe Reserve Bank of India (RBI) has recently released the status of the payment aggregators (PAs) operating in the country. All stakeholder...
- ETtech Deals Digest: India gets its sixth SaaS unicorn of 2022LeadSquared, StashFin and Cashify were the startups who raised big this week.
- Cross-border payments startup PayGlocal raises $12 million from Tiger Global, SequoiaFounded in 2021 by payment industry veterans Prachi Dharani, Rohit Sukhija, Yogesh Lokhande and Ruby Jain, PayGlocal enables merchants to a...
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