Consumer lending firms are set for difficult days ahead as a central bank diktat on reining in unsecured loans has choked off much-needed c...

Amid the ongoing cash crunch at Byju’s, founder and CEO Byju Raveendran told senior executives that he is aiming to address the crisis over...

Byju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an addition...

Smoke is billowing as the Tata Group continues to burn cash on its first ecommerce platform — Tata Cliq. Tata UniStore Ltd, which owns and ...

As PayU exits other markets, it will focus on India, Turkey and South East Asia. For India, PayU wants to double down on the credit busines...

By calling out the widespread adoption of private crypto currencies as a risk to monetary stability, the RBI has indicated to the market th...

The froth of the low-interest rate regime hasn’t fully been washed away and the startup ecosystem is likely to see valuations drop further,...

After a long time, it was Christmas at Byju’s as a US court rejected a plea by its Term Loan B (TLB) lenders to probe a $500-million transf...

Prosus, earlier Naspers, owns little over 9% in Byju’s and readjusted the fair value of its investment in the firm to $493 million as of Ma...

After its failed ZestMoney acquisition, PhonePe is kickstarting its credit journey with merchant lending.

The operating environment is expected to get tougher for Indian fintech startups next year amid a worsening funding winter and regulatory c...

The Zhengzhou factory – which reportedly had 120,000 workers in 2012 and more than 200,000 as of this month – is sometimes referred to as i...

This comes amid a global reset in the BNPL sector, fuelled by interest rate hikes and an overall squeeze in consumer spending. ZestMoney ha...

If the transaction goes through, it will be the biggest consolidation in the new-age lending sector, which has of late faced major regulato...

A breakup fee is a predetermined penalty that a buyer typically pays if it walks away from a transaction. A long stop date is the date by w...

PayU’s ‘buy now pay later’ (BNPL) solution, LazyPay has partnered with SBM Bank India for the prepaid instrument, as the company looks to u...

Terming FY19 as “transformational”, the company said almost all its revenue came from online activities.