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BigBasket, 1mg founders plan transition; QED's Morris flags credit tighteningHappy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.03 Apr, 2026, 01.00 PM IST- AI spend in India’s financial services sector to double in 2026: QED InvestorsThis will be driven equally by incumbents and early adopters. Legacy institutions are expected to outspend in the near term due to their sc...26 Mar, 2026, 08.37 PM IST
- Scoop: Credit card startup Uni eyes fresh funds at over 70% valuation cut amid RBI curbsBengaluru-based Uniorbit Technologies, the parent company of Uni Cards, has so far raised $104 million across multiple rounds from investor...19 Mar, 2026, 01.49 PM IST
- OneCard stops issuing new credit cards as RBI seeks clarifications from partner banksFPL Technologies' OneCard is facing a significant business setback as the Reserve Bank of India has instructed its partner banks to halt ne...06 Dec, 2025, 10.06 AM IST
- RBI asks partner banks to halt issuing OneCard credit cardsFPL Technologies finds itself in a tough spot. The Reserve Bank of India has mandated partner banks to stop issuing OneCard credit cards. T...06 Dec, 2025, 12.56 AM IST
- Fintech-focused VC fund QED set to deploy $300 million in India, APACIn the last five years, QED Investors has invested around $220 million across Asia. It has taken early bets in Indian startups like neo-ban...05 May, 2025, 07.50 AM IST
- OneCard secures $25.5 million from QED Investors, BTV, Peak XV Partners and Z47FPL Technologies has raised $262 million in equity funding over multiple funding rounds. The fresh funds will be used for enhancing its tec...13 Dec, 2024, 08.00 PM IST
- One Card founders and Uni Cards NBFC licence applications face roadblocks from RBIET has learnt that sellers need to apply to the central bank saying that they intend to transfer the licence to the acquirer’s name.15 Aug, 2023, 06.00 AM IST
- Fintech startups crowd NBFC queue to enter credit laneA growing number of fintechs are hoping to play the credit game to keep users sticky and expand revenue opportunities18 Jul, 2023, 06.00 AM IST
- OnePlus announces 5G Upgrade Days sale; OnePlus 11, OnePlus 11R on huge discounts. Details insideOnePlus has recently announced the 5G Upgrade Days sale, which offers a variety of new discounts to customers.22 Mar, 2023, 03.22 PM IST
- Time for 'cockroaches, not unicorns': layoffs, funding winter set to continueThousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels fro...25 Dec, 2022, 09.39 PM IST
- Healthtech startup PharmEasy lays off more employeesThe layoffs were attributed to a variety of factors, including restructuring, macroeconomic headwinds, and the ongoing Russia-Ukraine confl...12 Dec, 2022, 04.09 PM IST
- FPL Technologies set to be newest fintech unicornFounded in 2019, FPL Technologies operates digital credit score platform, OneScore, and has a total of 10 million registered users utilisin...13 Jul, 2022, 09.27 PM IST
- FPL Technologies raises $75 million in funding at $750 million valuationThe company now plans to use the proceeds from the fresh raise to double its team strength, hire across marketing and engineering functions...12 Jan, 2022, 03.32 PM IST
- CSB lines up big plans to diversify from goldPrem Watsa's Fairfax-backed CSB Bank is collaborating with the likes of HDFC, IIFL, Pine Labs and OneCard to offer home loans, broking, wea...24 Sep, 2021, 06.35 AM IST
- Matrix, Sequoia lead FPL's $10 million Series-A roundThe company will use the funds to expand its recently launched mobile-based credit card product - OneCard.19 Aug, 2020, 07.41 AM IST
- FPL Technologies secures USD 10 mn funding from Sequoia India, othersThe latest investment brings FPL Technologies' total funding since launch to approximately USD 15 million, it added.18 Aug, 2020, 04.50 PM IST
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