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Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
SBI Card to revise reward point benefits on these credit cards from July 1, 2026; check detailsSBI Card is revising reward point programs for PhonePe SBI Credit Cards, effective July 1, 2026. Both PURPLE and SELECT BLACK cardholders w...
Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
Insurance companies see a growth path in ecommerce, fintech embedded modelsEmbedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Start...
Digital gold and silver players form self-regulatory body for greater consumer protectionIndia's digital precious metals industry has launched the Digital Precious Metals Assurance Council of India (DPMACI), a self-regulatory bo...
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....
Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
IPO pipeline strengthens; 38 cos file draft papers in MarchAs many as 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with Sebi in March 202...
Fintechs go easy on IPO plans as war rattles stock marketsPublic listing plans for new-age fintech companies have received a major blow as the crisis in West Asia has battered the Indian rupee and ...
Paytm shares jumps 4% after rival PhonePe halts IPO plansPaytm shares jumped on Monday after rival PhonePe paused its IPO plans, easing near-term competition in digital payments. PhonePe cited geo...
PhonePe hits pause on IPO as Iran war roils primary market sentimentDigital payments giant PhonePe has postponed its planned public listing in India. Citing global geopolitical conflicts and market instabili...
Firecracker Insurance: PhonePe launches new plan for DiwaliPhonePe launches a new insurance plan priced at ₹9 that protects against firecracker-related accidents during Diwali. The plan offers cover...
PhonePe poured bulk of Rs 800 crore investments into insurance businessThe infusion of Rs 426 crore to PhonePe Insurance Broking Services points to the payment company's bullish bet on the segment. PhonePe has ...
PhonePe contributes to 65% growth for 2-wheeler digital insurancePhonePe has contributed to over 65% growth in two-wheeler digital insurance in India. It has facilitated over 75 million vehicle insurance ...
PhonePe sells over 9 million insurance policies since Sept 2021The Walmart-backed company had entered the insurance space in 2020 with a corporate agency licence, before acquiring a full-fledged insuran...
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...
How PhonePe's coronavirus insurance policy worksThis coronavirus insurance policy is priced at just Rs 156 with an insurance cover of Rs 50,000 for a person aged under 55 years and the co...