Navi Technologies—founded by Flipkart co‑founder Sachin Bansal—has just raised ₹170 crore (about $20 million) in debt financing. This strategic capital infusion, led by PhillipCapital along with several co-investors, marks a key milestone as Navi strengthens its lending operations and prepares for wider growth.
Who’s Involved?
PhillipCapital emerges as the lead investor with ₹120…
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…
Lendingkart Finance Reports Massive Loss in FY25: What Went Wrong?
Lendingkart Finance, the digital lending arm of the Temasek-backed Lendingkart Group, has hit a financial rough patch. For the financial year ending March 2025, the company reported a net loss of ₹288.3 crore—marking a dramatic turnaround from the ₹60 crore profit it enjoyed just a year ago.
The loss before tax ballooned to…
BharatPe’s Lending Arm Makes a Power Move with New CEO Appointment
India’s fast-growing fintech scene just got a major shake-up. BharatPe’s NBFC subsidiary, Trillionloans Fintech, has named Sandeep Singh as its new CEO, marking a bold new chapter for the company’s digital lending ambitions. This strategic leadership change signals BharatPe’s aggressive push to dominate the Indian credit…
Got shares or mutual funds? You can now get a loan of up to Rs 1 crore in just 10 minutes—thanks to Jio Finance’s new digital product.
Jio Finance Launches Fully Digital Loan Against Securities
Mukesh Ambani’s Jio Finance Limited has just stepped into the digital lending game—and it’s coming in hot.
In a major move aimed at making personal finance more accessible, the company has…
MobiKwik, the popular fintech company known for its digital payments and financial services, has just taken a giant leap into the stock broking business. The company has launched a new subsidiary called Mobikwik Securities Broking Private Ltd. after receiving official approval from the Ministry of Corporate Affairs on March 3, 2025. This exciting expansion is a big shift for MobiKwik, and it’s…
In a major strategic move, Veefin Solutions, a listed fintech startup, has made its first overseas acquisition by purchasing a 50% stake in Walnut, a Singapore-based GenAI startup. This all-cash deal marks a significant milestone for Veefin as it expands its global footprint, adding cutting-edge artificial intelligence (AI) capabilities to enhance its offerings for corporate and banking…
Bengaluru-based cross-border payments startup PayGlocal has recently received approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator. This significant milestone positions PayGlocal alongside other fintech innovators in India’s rapidly evolving payments landscape.
PayGlocal’s Journey to RBI Approval
Founded in 2021 by Prachi Dharani, Rohit Sukhija, and Yogesh…
