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FINTECH KLARNA NEWS
Wakefit joins IPO queue; Pine Labs DRHP, decodedMattress and home furniture brand Wakefit is heading to the bourses. This and more in today's ETtech Top 5.27 Jun, 2025, 08.05 PM IST- Lenskart gets pre-IPO bump; Amazon’s q-comm entryAsset manager Fidelity has marked up Lenskart’s valuation to $6.1 billion as the eyewear retailer gears up an IPO. This and more in today’s...13 Jun, 2025, 08.03 PM IST
- Chime, which almost sank in 2016, makes strong Wall Street debut; what changed?Chime Financial had a strong Nasdaq debut. The stock price increased significantly after the IPO. The company raised $864 million. Founders...13 Jun, 2025, 03.43 PM IST
- Listed new-age cos’ road to profitability; QED’s Nigel Morris interviewAfter a torrid time on Dalal Street, new-age firms have taken a turn towards profitability in the March quarter. This and more in today’s E...07 Jun, 2025, 05.19 PM IST
- AI is not increasing productivity or leading to job losses, finds a studyA recent study indicates that AI's impact on employee pay and hours has been minimal, despite its rapid adoption. While some companies like...20 May, 2025, 04.24 PM IST
- Microsoft Layoffs: AI’s rise brings a wave of tech layoffs, but CEOs say it’s not about replacementMicrosoft Layoffs: The AI race is reshaping global tech, but Google CEO Sundar Pichai insists there won’t be just one winner. While AI is t...20 May, 2025, 12.57 PM IST
- Cred’s valuation cut; BluSmart ends rideHappy Monday! Fintech startup Cred is in talks to raise new funds at a reduced valuation. This and more in today’s ETtech Morning Dispatch.14 Apr, 2025, 12.00 PM IST
- Payments body seeks MDR return; Turkey opposition X-ed outThe Payments Council of India has sought the return of a merchant discount rate (MDR) for large merchants. This and more in today’s ETtech ...24 Mar, 2025, 07.35 PM IST
- Payments firm Klarna files for $1 billion IPO, targets $15 billion valuationKlarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billi...15 Mar, 2025, 09.58 AM IST
- Rapido's GST hurdle; Byju’s-BCCI settlementRide-hailing app Rapido has been held liable to pay goods and services tax (GST) for its cab service. This and more in today’s ETtech Top 5.30 Jul, 2024, 07.59 PM IST
- Meesho’s secondary deal; tech VCs line up for consumer brandsPeak XV Partners and Tiger Global are among investors aiming for a stake in ecommerce firm Meesho via secondary deals. More details in a pa...08 Mar, 2024, 08.06 AM IST
- Swedish payments major Klarna hits monthly profitability ahead of target as losses shrinkThe January-June operating loss at the privately held (BNPL) fintech, which last made a full-year profit in 2018, was 2.01 billion crowns (...31 Aug, 2023, 02.15 PM IST
- SoftBank prepares new round of layoffs at Vision FundThe layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one ...13 Jun, 2023, 11.38 AM IST
- Are Indian startup founders in denial?The RBI's digital lending guidelines have increased the pressure on new-age lending businesses, forcing them to focus on their non-banking ...13 Aug, 2022, 11.05 AM IST
- Zomato wavers on 10-min food delivery; new VPN rules not for companiesThe company is reviewing its ambitious plan and may settle for longer delivery times.13 May, 2022, 07.08 AM IST
- QED, Sequoia and Tiger circle Jupiter; Carlyle, others to dilute stakes in Delhivery IPOIndia's neobanks, like all other tech startups, have been on a roll in 2021.02 Nov, 2021, 06.49 AM IST
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