Page 12 - Ajinkya Kawale

B2B SaaS firm Rocketlane raises $24 million in Series-B funding round

The firm claims that the latest funding comes even as it has $11 million in reserves. In total, it has raised $45 million in funding to date

CoinDCX launches Web3 mode on its app enabling access to 50k DeFi tokens

The company will offer points to CoinDCX users based on their transaction history as part of the current launch

Prosus writes off investment in Byju's, records $493 million loss

This would be perhaps the first such large write-off announced by a large institutional investor in India

Paytm eyes expansion in travel, ties up with Skyscanner & Google Flights

The firm recorded a 19 per cent year-on-year increase in flight bookings on the platform in Q4FY24

Technology to financial services: Cyber frauds hurt organisations

One reason for cyber frauds is limited investments in governance protocols

Shorter duration to comply reason for banks' delay to join BBPS

Payments industry hoping for an extension of the deadline

Pune fire safety check: Regular surveys, training camps held for firemen

Concluding part of the five-part fire-safety series focuses on Pune & Pimpri Chinchwad where fire officials are on their toes to spread awareness among citizens, taking cues from Delhi hospital blaze

Tech capable of improving our standard of living: Salesforce India CEO

India ahead in AI talent but lags in adoption of GenAI among enterprises, Salesforce India CEO Arundhati Bhattacharya said

3 entities complete test phase of RBI regulatory sandbox's fourth cohort

Regulatory sandbox refers to live testing of new products or services in controlled regulatory environment for which regulators may permit certain regulatory relaxations for limited purpose of testing

Salt revolutionises B2B cross-border payments for Indian merchants

Salt simplifies cross-border payments, automates compliance, and cuts processing time for Indian merchants, supporting SMEs, startups, and freelancers with cost-effective solutions

Reserve Bank of India to set up platform to curtail payment frauds

Auto replenishment facility for Fastags, NCMCs, UPI Lite wallets

Must invest adequately in IT systems: RBI Governor Shaktikanta Das to banks

Underscores urgency to keep up with growth of digital payments

Back to basics: Fintech player Paytm's focus is payments and distribution

The firm seems to be returning to the drawing board, revisiting its business strategy, including its partnership with lenders

PhonePe's UPI share expands, Paytm sees marginal rise in txn volume in May

The Bengaluru-based digital payments and financial services company has maintained its streak of growth on UPI with its share increasing from 47.35 per cent in February this year

Fintech firm Fibe raises $90 mn in funding round, looks to list in 3 years

Consumer loans company says it will use the financing to expand business

Aye Finance adopts 'phygital strategy' to revolutionise credit underwriting

Aye Finance's phygital strategy leverages technology to underwrite credit and disburse loans, using business markers to predict sales and categorise underwriting methods

Peru to adopt UPI technology, first South American country to do so

India's NIPL inks pact with Peru's central bank to develop the technology

Adani One launches two variants of co-branded credit cards with ICICI Bank

Cardholders can get up to 7 per cent Adani reward points on spends within the Adani Group ecosystem

Aim to connect lenders, customers for financial needs: PhonePe Lending CEO

In unsecured loans, there is no asset or underlying security that is taken from the customer, said Gala

Nearly 4 out of 5 digital transactions via UPI, says RBI annual report

The report further added that the Payments Infrastructure Development Fund (PIDF) has aided in the growth of digital payments in the last financial year, the RBI said