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RV RAMANATHAN
Juspay closes $50 million funding from WestBridge Capital; becomes first unicorn of 2026 as valuation hits $1.2 billionFounded in 2012, Bengaluru-based Juspay powers payment systems for major global brands such as Amazon, Flipkart, Google, IndiGo, and Swiggy...- Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 croreJuspay reported a net profit of Rs 62 crore in FY25, marking its first profitable year. The Bengaluru-based firm saw its net revenue rise t...
- Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 croreFintech startup Juspay achieved its first year of profitability in FY25, reporting a net profit of Rs 62 crore after a loss in the previous...
- Startups chase finserv companies seeking GenAI customer support use casesWith agentic AI, banks can solve a large part of their customers' basic queries by software, instead of dedicating teams with human agents....
- EaseMyTrip partners with Hyperface to boost card management, customer experienceEaseMyTrip has partnered with Hyperface, a Credit Cards as a Service (CCaaS) platform, to enhance its card management systems and offer a m...
- Cobranded credit cards to form 25% of market by FY28: reportBy the end of FY28, cobranded credit cards are projected to capture around 25% of India's credit card market share in terms of new issuance...
- Gullak raises $3 million funding from YC and Rebel PartnersAccording to the startup, it will use the funds to offer unique financial products, strengthen its current product portfolio and expand its...
- Why govt is moving slowly on lateral hiring of experts from private sectorLateral entrants were recruited in two tranches — eight joint secretaries (JS) in 2019 and 30 officers (3 JS, 18 directors and 9 deputy sec...
- ETtech Deals Digest: India gets its 105th unicornBlockchain startup 5ire became the fastest Indian crypto unicorn after closing a $100 million round from the SRAM & MRAM Group at a $1.5 bi...
- 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.
- Juspay cofounder’s startup Hyperface raises $9 million in funding from 3one4 Capital, othersHyperface will use the funds to strengthen its credit cards-as-a-service product with the aim to build a strong team.
- Investment app Gullak raises Rs 10 crore in funding from Better Capital, StellarisThe startup will deploy the capital to expand its reach and use new funds for product enhancement and marketing.
- Amazon India bets on local stores, social commerce; startups want more women in tech rolesAmazon said it was now looking to onboard more physical stores on its India platform to increase the number of goods that can be delivered ...
- Coinbase sacks 8% of India team; UpGrad bags $225 million, bucks edtech trendCoinbase’s share price is down an eye-popping 80% since the start of the year, making bitcoin’s 54% drop look like a minor blip.
- Fintech startup DPDzero raises Rs 3.9 crore in funding led by Better CapitalThe fintech startup will use the funds to make technology accessible to all cohorts of lenders, allowing them to focus on acquiring new bor...
- After Paytm, SoftBank eyes Juspay as its next India fintech betSoftBank Vision Fund is close to leading a $100-120 million funding round at Juspay, valuing the fintech startup at $400-500 million. That,...
- Hyperface gets funding from Cred founder Kunal Shah, othersFounded in February 2021 by Juspay’s former Chief Technology Officer RV Ramanathan and banker-turned-entrepreneur Aishwarya Jaishankar, Hyp...
- Mobile payments startup JusPay gets Rs 40 crore from Accel, Bookmyshow foundersThe deal values three-year old Juspay at over Rs 200 crore. Accel has picked up about 20% stake in the company.
- Tough time for single-screen exhibitorsWhile the film industry is scripting new success stories, exhibitors of the single-screen variety are finding survival tough.
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