Fintech major Pine Labs has successfully mobilized Rs 1,754 crore from anchor investors ahead of its highly anticipated initial public offering (IPO), which opens for subscription today. The anchor allotment, which is a crucial precursor to any IPO, reflects strong confidence in the company’s business model and growth potential.
According to filings accessed from the National Stock Exchange…
India’s fintech scene is about to witness a blockbuster moment as Pine Labs gears up for its highly anticipated IPO, targeting a jaw-dropping valuation of 25,377 crore rupees ($2.9 billion). The offer opens on November 7 and closes on November 11, setting the stage for what could become one of the most talked-about public listings of the year.
The company has priced its shares between 210 and…
India’s booming buy-now-pay-later market just got a major shake-up. Snapmint, the BNPL startup that lets consumers pay through EMIs on UPI without a credit card, has raised a whopping $125 million in its Series B funding round led by global growth investor General Atlantic. Other participants included Prudent Investment Managers, Kae Capital, Elev8 Venture Partners, and existing angel…
Zoho Enters the Hardware Space
In a major move at the Global Fintech Fest 2025, Zoho unveiled its first point-of-sale (POS) devices, marking its entry into in-person payment solutions. The announcement came during the event organised by the Payments Council of India, the National Payments Corporation of India, and the Fintech Convergence Council.
The launch expands Zoho’s Zoho Payments platform…
India’s fintech scene is buzzing — and the reason? Pine Labs, one of the country’s oldest and most powerful digital payments companies, just dropped news that it’s going public! With a massive Rs 2,600 crore IPO in the works, Pine Labs is ready to shake up the market and give investors a golden chance to jump on board early.
If you’ve been watching the fintech space, this is the moment…
NPCI’s UPI Journey Reaches a New High
The National Payments Corporation of India (NPCI), the force behind India’s digital payments revolution, is riding high on the success of platforms like UPI, IMPS, and BBPS. For the financial year ending March, NPCI reported a huge jump in its annual surplus — a sign that India’s digital payments ecosystem is thriving like never before.
While NPCI…
A Power Move in the Payments World
In a surprise cross-continental collaboration, Uruguay-based fintech giant dLocal has teamed up with India’s rising star Juspay to supercharge cross-border payment capabilities. This partnership could shake up the global payments industry, especially in emerging markets where both companies thrive.
So, what does this mean for global businesses, and why should…
Revolutionizing UPI Payments with a No-Fee Credit Card
In an exciting development aimed at reshaping the way Indian consumers engage with UPI transactions, Axis Bank has teamed up with fintech platform super.money to launch the Axis Bank Supermoney RuPay Credit Card. What sets this credit card apart? It offers 3% cashback on QR-based UPI payments — and it’s lifetime-free!
The new credit card…
MobiKwik, the well-known Gurugram-based fintech platform, has just revealed a staggering net loss in its Q4 FY25 results, marking a sharp downturn from the same period last year. Despite a strong growth trajectory in payment volumes, the company’s financial performance has taken a hit, primarily due to rising operational costs and challenges in its credit business.
Key Financials: A Look at the…
Zillion and PayU Team Up — Your Loyalty Coins Just Became a Whole Lot More Valuable
In a move that could redefine digital loyalty in India, Zillion, India’s leading multi-brand loyalty platform, has partnered with fintech giant PayU to give your reward coins more power than ever before.
The collaboration allows users to earn and redeem Zillion Coins directly on the PayU checkout page, meaning…
