Ex-COO Dhruv Dhanraj Bahl latest to exit BharatPeBahl played a crucial role in the restructuring of the organisation post the exit of Grover. He had joined the company in 2020 as the head ...
28 Aug, 2023, 11.59 PM IST
EOW files FIR against BharatPe cofounder Ashneer Grover and his familyThe family members named in the FIR include Grover’s wife Madhuri Jain Grover, as well as Deepak Gupta, Suresh Jain and Shwetank Jain.
11 May, 2023, 12.55 PM IST
EdTech startup Kyt raises $5 million led by Alpha Wave IncubationThe startup runs extracurricular courses online by combining live classes with video-based revision materials for children aged 5 to 15.
06 Jan, 2021, 07.55 PM IST
Kyt raises $2.5 million in funding from SurgeThe company plans to increase its teacher base to 500 over the next 12 months and add more courses
30 Nov, 2020, 02.48 PM IST
Government writes to banks on patchy PoS numbersBanks were allocated targets of 20 lakh physical and mobile PoS deployment in FY19 but achieved only 44% of the target by the end of Januar...
15 May, 2019, 02.29 PM IST
Demonetisation impact: Bharat going digital for paymentsPayments company executives estimate that card transactions in towns with populations of up to 1 million have doubled in the two years sinc...
09 Nov, 2018, 07.15 AM IST
Paytm is looking to cash in with a PoS business planThe payments player, which was using QR codes to ramp up offline digital payments, is now opening card payments at merchant locations as we...
12 Jun, 2018, 07.59 AM IST
Global payment firms ready to cut more cheques in IndiaPayment multinationals such as US-based Ebix, Naspers-backed PayU, France’s Ingenico Group and PayPal are among those that have established...
17 Nov, 2017, 10.08 AM IST
Festive spirit keeps e-wallets on a highThe festive week throughout Diwali, Dhanteras and Bhai Dooj this month saw a jump of three-four times in peer-to-peer payments through digi...
30 Oct, 2017, 01.27 AM IST
ItzCash parent Ebix acquires Paul Merchants for $41 million in an all cash dealThis deal paves the way for Ebix to capture the largest share of the foreign remittance business in India and is its third acquisition afte...
21 Sep, 2017, 09.43 PM IST
US-based Ebix puts aside $100 mn for India playItzCash owner sets up aggressive growth path, to use money for investments and acquisitions here
31 Aug, 2017, 07.55 PM IST
A roadmap to push digitisation of retail paymentsThe central bank is planning to release the final guidelines around prepaid payment instruments (PPIs) or mobile wallets.
31 Aug, 2017, 08.17 AM IST
Anxiety for PPI players remain as RBI does not announce a time frame for final guidelinesReserve Bank of India has said that two crucial decisions on digital payments will be released next year without giving the timeframe.
30 Aug, 2017, 06.38 PM IST
Ebix set to acquire international remittance business of Wall Street FinanceIn the first leg, the company will acquire Wall Street Finance’s wholly owned subsidiary Goldman Securities (GSPL) for Rs 5.1 crore.
17 Aug, 2017, 08.26 PM IST
ItzCash turns a page with profits, revenue jumps 40% to Rs 250 croreMumbai-based payments company is seeing 6.5 lakh transactions a day, according to its MD Surya
01 May, 2017, 08.28 AM IST
BHIM to be the right platform for small banks to enter payment space"BHIM is a minimum white-label application, beyond which banks can offer additional stacks of experiences unique to our customers or perhap...
03 Feb, 2017, 08.04 AM IST
Post-demonetisation, payment and financial technology scramble for talentPaytm, MobiKwik, PayU, Freecharge, ItzCash and other digital wallet cos have been hiring people in key leadership positions, top company of...
06 Dec, 2016, 01.22 AM IST