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Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
SBI Card to revise reward point benefits on these credit cards from July 1, 2026; check detailsSBI Card is revising reward point programs for PhonePe SBI Credit Cards, effective July 1, 2026. Both PURPLE and SELECT BLACK cardholders w...
Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
Insurance companies see a growth path in ecommerce, fintech embedded modelsEmbedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Start...
Digital gold and silver players form self-regulatory body for greater consumer protectionIndia's digital precious metals industry has launched the Digital Precious Metals Assurance Council of India (DPMACI), a self-regulatory bo...
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
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....
Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
PhonePe takes its diversification to Dalal StreetPayments still power scale. But its updated draft red herring prospectus (UDRHP) shows that PhonePe’s monetisation story lies elsewhere.
The tech bets that are making PhonePe unstoppablePhonepe News: As PhonePe heads toward a reported $1.5 billion IPO following a confidential DRHP and robust FY25 results, here’s a look at t...
PhonePe’s 5% dilemma: Payments still dominate revenue as it gets IPO-readyPhonePe, backed by Walmart, is preparing for an IPO. The company's revenue heavily depends on its payments business. Financial services con...
Firecracker Insurance: PhonePe launches new plan for DiwaliPhonePe launches a new insurance plan priced at ₹9 that protects against firecracker-related accidents during Diwali. The plan offers cover...
PhonePe poured bulk of Rs 800 crore investments into insurance businessThe infusion of Rs 426 crore to PhonePe Insurance Broking Services points to the payment company's bullish bet on the segment. PhonePe has ...
PhonePe contributes to 65% growth for 2-wheeler digital insurancePhonePe has contributed to over 65% growth in two-wheeler digital insurance in India. It has facilitated over 75 million vehicle insurance ...
PhonePe sells over 9 million insurance policies since Sept 2021The Walmart-backed company had entered the insurance space in 2020 with a corporate agency licence, before acquiring a full-fledged insuran...
PhonePe launches health insurance platform that allows monthly premium paymentsPhonePe Insurance Broking Services has launched monthly subscription plans for health insurance in India, in partnership with major insurer...
PhonePe claims one in four Indians now uses its appPhonePe says registered user base has grown 28% over the past 12 months—from 273 million in January 2021 to 350 million in December 2021.
PhonePe gets IRDAI nod to sell life, general insurancePhonePe has been issued an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI), it said in a...
PhonePe receives insurance broking licence from IRDAIPhonePe can now distribute insurance policies from all companies across categories thereby helping the firm diversify its offerings while a...