In one of the most eagerly awaited initial public offerings (IPOs) of the year, India’s investment platform Groww, operated by Billionbrains Garage Ventures Ltd, has raised a whopping Rs 2,984.5 crore from anchor investors ahead of its public debut. The announcement has sent ripples across the Indian financial ecosystem, prompting investors to scrutinize whether Groww is poised to become the…
India’s fintech landscape is buzzing again — and this time, it’s not a funding round or a flashy partnership making headlines. PhonePe, one of India’s biggest digital payment players, has quietly filed confidential IPO papers with SEBI, setting the stage for what could be one of the largest tech listings in India’s history.
According to reports, the Walmart-owned fintech unicorn has…
India’s cashback queen is quietly building a fintech empire — and it’s paying off big time.
In a year where most startups are tightening belts and cutting burn, CashKaro just did the opposite — and crushed it.
The popular cashback and coupons platform reported a 15.9% jump in revenue, hitting a record-breaking ₹350 crore in FY25. And according to cofounder Swati Bhargava, this is just…
In a move that highlights growing confidence in India’s evolving digital credit landscape, Nithin and Nikhil Kamath—the co-founders of Zerodha, the country’s leading online brokerage platform—have acquired a minority stake worth Rs 250 crore in InCred Holdings. This strategic investment underscores the Kamath brothers’ belief in the future of India’s formal and technology-driven…
Razorpay’s $30 Million Investment in POP Signals a Huge Shift in How India Pays and Shops
In one of the boldest moves in India’s fintech space this year, Razorpay has just invested a whopping $30 million in the Bengaluru-based startup POP — a fast-growing consumer rewards and payments platform.
This isn’t just another funding headline. It marks Razorpay’s big leap beyond payments into a…
This Startup Just Rewarded Its Team with Crores—Before Hitting Series A!
In a bold move that’s turning heads across the Indian startup scene, Univest, a rising fintech player founded in 2022, has just completed its first-ever ESOP buyback worth ₹1.61 crore.
That’s right—before even reaching its Series A funding stage, Univest is already sharing the wealth with its early team members. And…
In a strategic move to strengthen its role in India’s massive health insurance initiative, Care.fi, a healthcare-focused fintech startup based in Gurugram, has secured Rs 6 crore in debt funding from RevX. The fresh capital will be used to improve its financial technology platform that supports hospitals participating in the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), the…
CRED’s Shocking Move: Raising $200 Million with a Massive Cut in Valuation—Here’s Why It’s Happening
CRED Is Looking to Raise $200 Million—But There’s a Big Twist
In a surprising turn of events, CRED, the Kunal Shah-led fintech unicorn, is looking to raise up to $200 million. But here’s the kicker: this new funding round will come with a significant drop in valuation.
You read that right. CRED, which was once valued at an eye-popping $6.4 billion during its Series F funding round in 2022…
MIRA Money is making waves in the investment world, and if you haven’t been paying attention, you might just be missing out on India’s next big financial revolution. With a jaw-dropping ₹250 crore in assets under management (AUM) by March 2025, this startup is redefining how Indians invest. The best part? They did it through organic growth—no big mergers, no massive cash injections—just…
PayMate, a leader in digital B2B payments in India, has announced a strategic partnership with NPCI Bharat BillPay Ltd. (NBBL) to unveil the PayMate BBPS-B2B platform. This innovative platform is set to transform the landscape of business transactions by streamlining invoicing, payments, and collections on a national scale. Targeting India’s vast network of 634 lakh MSMEs and 16.6 lakh…
