Page 17 - Pine Labs News Today

Byjus new India CEO is setting about cleaning house with no stone unturned. Within a week of taking over, Arjun Mohan is planning to merge verticals and prune staff strength by a third – thats over a whopping 4,500 jobs - to rein in costs. This and more in todays ETtech Morning Dispatch.

Pine Labs president and CBO Kush Mehra works out in his home gym five days a week, and says the fitness challenge hed give to his team is to quit processed food.

Anuradha Aggarwal, CMO speaks about the recent campaign starring Ayushmann Khurrana.

Founded in 2018, Mumbai-based BillMe helps merchants send digital bills to customers. It also provides customer relationship management software to online and offline merchants to help decipher customer behaviour and boost engagement.

ETSA this year comes at a time when the technology industry faces multiple headwinds. The volatility in valuations of publicly listed tech companies, which began in the US in late 2021, has continued to spill over into the private markets. Indian startups, too, have felt this turbulence, with several of them getting valuation markdowns as increasingly cautious investors hedge their bets.

The new offerings include a credit line on UPI, UPI Lite X for offline payments and a near field communication (NFC)-enabled Tap & Pay feature, conversational payments through Hello! UPI as well as conversational bill payments with BillPay Connect.

The new offerings include a credit line on UPI, UPI Lite X for offline payments and a near field communication (NFC)-enabled Tap & Pay feature, conversational payments through Hello! UPI as well as conversational bill payments with BillPay Connect.

However, the fintech might find it challenging to get the right valuation amid top-level exodus.

Paytms Gross Merchandise Value for the quarter to date (for July and August) stood at Rs 3.0 Lakh crore ($36.3 billion) witnessing a year-on-year growth of 43 percent.

The Reserve Bank of India (RBI) has instructed banks to open up pre-sanctioned credit lines through Unified Payments Interface-based transactions.