Cashfree Payments, one of India’s leading homegrown payments and API banking platforms, has announced a major brand collaboration with Bollywood actor Rajkummar Rao. The actor will be the face of their exciting new campaign, “Move Fast,” aimed at showcasing the platform’s quick, reliable, and efficient payment solutions.
This collaboration highlights Cashfree Payments’ growing focus on…
Bitcoin’s (BTC) recent attempt to break the $100,000 mark has faced a significant pause, with the price remaining locked between $90,000 and $100,000 for the third week running. Despite a brief spike to six figures on Dec. 5, the breakout seems to have lost steam, leaving traders wondering what’s holding back further upward momentum. The answer, according to experts, lies in two key factors…
Mintifi Secures $180 Million to Expand Its Supply Chain Financing Platform
In a major boost for the fintech sector, Mumbai-based Mintifi, a leading B2B lending and supply chain financing platform, has raised $180 million in its Series E funding round. This round was co-led by Teachers’ Venture Growth (TVG) and Prosus, with participation from existing investor Premji Invest.
This funding marks an…
Varthana’s $15 Million Investment: A Step Toward Better Education for Millions
Varthana, a non-banking finance company (NBFC) committed to transforming affordable education in India, has raised $15 million (Rs 120 crore) in funding from the BlueOrchard Microfinance Fund. This new investment marks a significant milestone for Varthana as it expands its mission to bridge the education gap in…
In a major development, Paytm’s Singapore unit has announced the sale of its Stock Acquisition Rights (SARs) in PayPay Corporation, a Japan-based digital payments company. The deal, which is valued at JPY 41.9 billion (approximately Rs 2,364 crore), will see the SARs sold to an entity under the SoftBank Vision Fund 2.
This strategic move reflects Paytm’s ongoing focus on maximizing shareholder…
Almonds Ai, a Gurugram-based company, has teamed up with Grow-Trees, an organization focused on reforestation and ecological conservation, to offer a groundbreaking new way to use loyalty points. Now, customers and channel partners of brands using Almonds Ai’s Green Loyalty Program can redeem their loyalty points to plant trees in various locations across India. This collaboration is a step…
Infinity Learn by Sri Chaitanya, a leading hybrid learning platform in India, has teamed up with Google Cloud India to revolutionize the educational experience using advanced AI technology. This collaboration aims to offer highly personalized learning journeys, especially for students in India’s Tier 2 and Tier 3 cities, by leveraging Google’s cutting-edge AI tools, including Gemini and Vertex…
Sanjay Malhotra, the current Revenue Secretary, has been appointed as the new Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das. This is a significant development for India’s economic landscape, especially at a time when the country is navigating various economic challenges, including high inflation and slowing growth. With his extensive experience across finance, taxation…
IDFC FIRST Bank Introduces Amitabh Bachchan’s AI Avatar to Transform Banking
In a bold move that blends cutting-edge technology with the world of banking, IDFC FIRST Bank has launched an AI-powered holographic avatar of none other than India’s legendary actor, Amitabh Bachchan. This innovative development is set to reshape the way customers interact with the bank, bringing banking services…
Unacademy CEO Clarifies: “We’re Not Selling or Merging!”
Unacademy’s CEO, Gaurav Munjal, has responded to recent rumors about a potential acquisition by Allen Institute. In a series of posts on X (formerly Twitter), he firmly denied the claims, stating that Unacademy is not considering any sale or merger. The statement came just days after reports suggested that the two edtech giants were…
