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New-age cos feel market ire; Apple's budget-friendly India pushNew-age companies fell on Monday as a sharp market selloff dragged equities lower. This and more in today's ETtech Top 5.
Microsoft deepens AI push in India as top IT firms deploy Copilot, agentic systems at scaleSpeaking at the Microsoft AI Tour in Bengaluru on Thursday, Nadella said these four companies have emerged as “frontier firms”, with each d...
Ashish Kacholia, MS Dhoni-backed Finance Buddha gets NSE Emerge nod for SME IPOFinance Buddha, backed by Ashish Kacholia, MS Dhoni Family Office, and CAMS founder Shankar V, has secured NSE Emerge approval for its SME ...
Startups leverage distribution chops to gain ground in general insuranceStartups are leveraging their distribution muscle to carve out a larger share of India’s underpenetrated general insurance market. A growin...
PhonePe’s pre-IPO challenges; VC funds get AI edgeHappy Monday! Digital payments leader PhonePe is struggling with diversifying its revenue streams on the road to IPO. This and more in toda...
PhonePe FY24 operating revenue up 74% to Rs 5,064 crore, loss down 29%Sharing the details in its annual report for FY24, the Walmart-backed company said it reported an adjusted net profit of Rs 197 crore in th...
Groww’s $160 million tax payout; PhonePe’s losses fallDespite a significant growth in revenue, Groww posted a net loss in FY24. This and more in today’s ETtech Top 5.
PhonePe slashes 60% of its customer support agents over 5 years in AI eraPhonePe has reduced customer support staff by 60% in five years, leveraging AI-driven chatbots to resolve over 90% of issues, amidst a 40-f...
Top fintechs dial NBFCs for secured credit partnershipsFintech startups, having built trust as unsecured loan providers, are setting their sights on the secured credit market. Companies like Pho...
Fraudsters are using electricity bills to empty bank accounts. Here is how to protect yourselfOnline Scammers are hacking into individuals' phones and sending fraudulent text messages, demanding immediate payment to avoid power disco...
PhonePe gets IRDAI nod to sell life, general insurancePhonePe has been issued an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI), it said in a...
PhonePe deepens foray into India’s retail insurance sectorLast year, the Bengaluru-based fintech startup had entered the insurtech sector with an insurance corporate agent licence, which allowed th...
PhonePe receives insurance broking licence from IRDAIPhonePe can now distribute insurance policies from all companies across categories thereby helping the firm diversify its offerings while a...
NBFCs focus on digital collections to protect staffAs per the analysis by India Ratings, with the lifting of the restrictions in some states since early June, the microfinance sector on a co...
No more a fable, ESOPs reach rank and file of startups in IndiaA handful of startups, including PhonePe, Licious, ShareChat and Wakefit, have recently rewarded employee stock ownership plans (ESOPs) to ...
Amazon enters insurance distribution business, ties up with Acko to sell motor coverAmazon's entry as a corporate agent is in line with its plan to become a full-fledged financial services platform. Amazon Pay currently off...
RBI KYC deadline may punch a hole in wallet companies plansRBI KYC: Over 95% of mobile wallet firms in country could stop being operational by March.