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Zomato starts own UPI offering, Flipkart to follow suitThe Gurugram-based company has partnered with ICICI Bank for the service, and will allow users to make merchant payments as well as peer-to...- Top execs juggle offers despite downturn; Lightspeed raises $500M for India, SE AsiaMany top startup executives are sitting on multiple job offers – albeit fewer than in 2021 – even as most firms have cut down on hiring and...
- RBI fines Ola Financial Rs 1.67 crore for flouting KYC rulesThe monetary penalty is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transactio...
- Ola Financial gets Rs 205 crore from Falcon Edge, Matrix PartnersApoletto Managers, and Arun Sarin's family office also participated in the round. This deal closed at a valuation of $250 million, accordin...
- Ola moves financial unit out of parent ANI TechnologiesOla aims to raise capital separately for the independent entity and will pit it directly against larger rivals like Paytm, Google Pay, Phon...
- Yes Bank, ZipCash face RBI fine for violating PPI normsA penalty of Rs 11.25 lakh each has been imposed on the two PPI issuers, according to an RBI release.
- Uber’s India ride sees 10% rise in revenue in FY17The company had posted a 442% jump in its revenues for the year ended March 2016, up from Rs 69 crore in the year prior to that.
- ePayment cos want KYC norms eased for nowUIDAI, in a recent notification, said companies that did not have ‘enough justification’ to access the Aadhaar details of their users would...
- Ola's losses widen to Rs 4,898 crore in FY'17The company also saw its employee-related expenses growing about 24% to Rs 572.1 crore, while finance costs escalated to Rs 28.7 crore in F...
- Ola revenue up 70% to Rs 1,286 cr in FY17The turnover includes revenue from subsidiaries Ola Fleet Technologies, Ola Electric Mobility, Ola Skilling and Zipcash Card Services.
- Ola acquires Chennai-based Qarth TechnologiesRide-hailing app Ola said it has acquired Chennai-based Qarth Technologies, which has developed a mobile payments app X-Pay.
- Ola launches Ola Money app for mobile recharges, transfersWith the new Ola Money app, users can pay partner merchants as well as get mobile recharges and money transfers done.
- Ola wallet can now be used on platforms like Oyo Rooms, Lenskart and SaavanWith over 20 million customers on its platform, Ola Money is already one of the top three mobile wallets in the country by transaction volu...
- How Alok Chawla’s Rs 50 lakh Gizmobaba is dispelling notion about poor quality Chinese goodsDot.com may well be Chawla’s middle name. After a flurry of online ventures, this serial entrepreneur is currently running Gizmobaba.com
- Anybody who does cash transaction, has phone is our customer: Kumar Abhishek, co-founder mobileGullak'When you make cash payment for purchase and don't have exact change then instead of giving candy for remaining balance merchant can transf...
- FinMin to decide on 25 FDI proposalsThe Finance Ministry will consider 25 proposals including that of Ashok Leyland Defence Systems for FDI at the FIPB meeting on Jan 20.
- Now use your mobile to study for examsThe free mobile application MAD-GK, developed by the company, will help aspirants for MBA and other tests prepare while on the go and witho...
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