BusinessNews

Flipkart Just Got Permission to Lend You Money — Is India’s Biggest Online Shop Becoming a Bank?

From selling phones to giving loans — Flipkart’s bold move into finance changes everything Flipkart, the Walmart-backed e-commerce giant, just made a move that could shake up the entire online shopping experience in India. It’s no longer just a place to shop — it can now lend you money. Flipkart has officially received a Non-Banking Financial Company (NBFC) license from the Reserve Bank of…
Read more
BusinessNews

PayGlocal Secures RBI Approval to Operate as Online Payment Aggregator

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…
Read more