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Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
Problems disappeared when I let them go: Bolt’s Ryan Breslow explains why he laid off his entire HR teamBolt CEO Ryan Breslow defended significant layoffs and the removal of the HR department, attributing these drastic measures to a need to re...
Rocket dreams and unicorns: Investors bet on a long and high rideIndia's private space sector is experiencing a surge in global investment. Skyroot Aerospace has become the country's first space unicorn, ...
Fintech Wealthfront prices US IPO at $14 apiece, raises $486 millionUS IPO activity has remained resilient in 2025, despite tariff concerns earlier in the year and the longest government shutdown in October,...
Indian-origin Arkin Gupta features in Forbes Under-30 for financial innovationArkin Gupta, an Indian-origin achiever, has been named to the Forbes 30 Under 30 list. His work in financial innovation and early-stage inv...
Vijay Shekhar Sharma says Paytm AI Soundbox will make technology and AI more inclusive for millions of MerchantsAs a homegrown fintech pioneer, Paytm is leading the way in making India AI-enabled and empowering small businesses with intelligence.
Niyo acquires Kanji Forex; appoints Amit Talwar of IndusInd Bank as CEO of forex businessNiyo, which is backed by Accel, will look to offer forex products across foreign currency, forex cards, and outward remittances, which are ...
Indian startups can thrive despite speed bumps, Lightspeed’s Bejul Somaia saysEarlier this year, Paytm faced a regulatory directive that severely impacted its payments bank subsidiary. Meanwhile, Byju’s has been grapp...
Paytm among worst performing fintech stocks as earnings loomEmkay Global’s analyst Anand Dama expects a further 16% correction, arguing that the fourth quarter results “won’t capture the full extent ...
Paytm's Plight: India’s fintech pioneer has lost more than its bankInvestors question if Paytm Payments Bank can thrive without regulator's trust. The Reserve Bank of India's ban on deposit or credit transa...
SoftBank offloads 2.5% stake in PB Fintech for Rs 871 croreAs per the block deal data available on the National Stock Exchange (NSE), SVF India Holdings (Cayman) sold 30,97,576 shares and SVF Python...
India has over one lakh startups, 108 unicorns: Union Minister Ashwini Vaishnaw"Over the past decade, India's entrepreneurial landscape has undergone a remarkable transformation. With just 500 start-ups a decade ago, t...
Capria opens $100-million Global South Fund IIThe new fund will focus on investing in 20-25 tech startups in the entrepreneurial hotspots of India, Southeast Asia, Latin America, the Mi...
Ant Group's Douglas Feagin steps down from Paytm board as firm matures as listed entityIndian fintech pioneer Paytm in an exchange filing informed about the resignation of Non-Executive Director Douglas Feagin from its Board. ...
China-backed fintech firms resorted to predatory lending, pocketed Rs 940 crore: EDED is conducting a money laundering probe against a number of NBFCs that are in the business of instant personal micro loans.
Fintech companies, NBFCs funded by Chinese money generated Rs 950-cr slush funds in India: EDThe Enforcement Directorate (ED), therefore, recently attached Rs 86.65 crore worth funds lying in a total of 155 bank and payment gateway ...
ICC signs multi-year strategic partnership with Fintech Infrastructure company NiumThe partnership includes involvement and integration in three global ICC events through to the end of 2023, including the ICC Men’s T20 Wor...
Homeville, a financial technology company in housing finance, raises $7 millionHomeville is building a housing credit enablement network through its technology-driven platforms. The platforms serve the consumer housing...
Fintech startup Kodo raises $8.75 million in seed roundThe startup specialises in corporate cards and business payment solutions for startups and small businesses
Vikas Panditrao joins mFino as MD of Asia Pacific regionmFino is one of the pioneers in agile banking, mobile financial services and commerce platform. It offers mobile money, telco fintech solut...