In a letter to the social media juggernaut last week, Elon Musk revealed the cancellation of a USD 44 billion plan to purchase Twitter. Twitter shares experienced a dramatic decrease

Major Asian equities declined at the start of trading on Monday due to mounting worries about a new Covid flare-up in China and before this week’s release of crucial statistics

The company also reached its highest number of monthly transacting users (MTU) 76 million on its super app during the month of June. Paytm has said that the platform’s lending

According to a person familiar with the situation, quick commerce startup Blinkit, which is being acquired by food delivery company Zomato, promoted long-time executive Rishi Arora to cofounder level two

According to a PwC India analysis, geopolitical unrest looks to be having an impact on Indian startups as total funding fell by 40% to $6.8 billion in the April-June period.

A payment aggregator provides payment services for merchants and e-commerce sites by accepting payment instruments from customers. As part of the process, they pool the funds received from customers and

“Shedding cash burn heavy businesses like Dash and cutting employee costs will give Ola more operational runway and also show a profitable business if they want to IPO,” a source

Bharatpe said that it facilitated loan disbursal for over 1.2 lakh merchants during the quarter compared to 66,000 merchants that benefitted from the service in January-March quarter. Fintech firm Bharatpe

Vauld became the latest decentralized finance (DeFi) firm to be hit by the crypto market’s recent downturn. In its statement on July 4, the company said that its financial challenges

This is Clear’s second acquisition in 2022 after the purchase of Xpedize, an invoice discounting platform, in March. Clear has made 4 acquisitions so far, which include YBANQ in 2021

Mumbai: As the craze for startups fades, valuations of several new-age companies have taken a beating in the market for unlisted shares, potentially delaying their plans to go public. According

The industry intends to approach the regulator under the aegis of the Payments Council of India (PCI) and request it to let payments banks with a specific track record to