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Mobikwik Q1 loss widens six-fold to Rs 42 crore, revenue falls 21%Mobikwik's net loss widened significantly to Rs 41.9 crore in the June quarter, impacted by a sharp decline in financial services revenue a...- Dhan’s funding nears close; BNPL gets regulated outHappy Thursday! Stock broking startup Dhan is poised to finalise its long-awaited funding round. This and more in today’s ETtech Morning Di...
- Buy-now-pay-later offerings wane as fintechs pivot to EMI loans, consumer creditBuy now, pay later services in India are losing traction due to stricter regulations and credit quality concerns. Fintech companies like Pa...
- ICICI Bank discontinues its PayLater credit line on UPI for all customers; The bank answers what happens with customersICICI Bank will discontinue its PayLater service, a credit line on UPI. Customers must repay outstanding amounts by the due date to avoid p...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Apple to discontinue 'buy now, pay later' service in US as it plans new loan programmeUsers will be able to access installment loans offered through credit, debit cards and lenders when checking out with Apple Pay, starting l...
- Zomato pilots priority deliveries, tests ‘pay later’ featureGurgaon-based firm Zomato is starting priority deliveries, wherein users can pay extra to get orders delivered faster. The extra charge for...
- Meesho’s fintech bet; Byju’s valuation crashes 99%Ecommerce firm Meesho is diversifying revenue streams via two new business lines. Details of this and more in today’s ETtech Morning Dispat...
- Banking for Pensioners: Dear FM, there are no account for the oldThere are about 41 million senior citizens term deposits accounts with a total deposit of Rs14 lakh crore (7% of India’s GDP), as on Septem...
- China’s iPhone City on edgeThe Zhengzhou factory – which reportedly had 120,000 workers in 2012 and more than 200,000 as of this month – is sometimes referred to as i...
- A unicorn in the making, Centre writes to Meta over WhatsApp outage, and morePrivate equity giant Apis Partners is expected to lead the round and join in as a new investor. Apis is expected to invest roughly $65 mill...
- MobiKwik launches investment product Xtra, scales AUM to over Rs 100 croreThe product, which has been tested over the past month, allows users to invest as little as Rs 1,000 and looks to provide interest of up to...
- Amazon plans Cloudtail takeover; Swiggy eyes Rapido betAmazon will pick up Catamarans’ stake in the joint venture and the ecommerce giant has made a filing with the Competition Commission of Ind...
- E-commerce seller bewareBetween the investigation into their business practices and the government’s proposed changes to the ecommerce rules, Flipkart and Amazon f...
- Cloud chemists riseIn today's ETtech Morning Dispatch: E-pharmacies witness a huge increase in demand; Indian banks are pulling the plug on cryptocurrencies; ...
- Demonetisation: Digital wallets are the clear winnersAs e-wallets gear up to accept more users and transactions, they're also adding many new services into the ambit.
- After government's ban on discounts, online retailers exploring new strategies to woo customersEtailers are now looking at new sops such as pre-approved loans, faster delivery models, and improved service for repeat buyers.
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