Page 44 - Pine Labs News Today

From July 1, 2022, online commerce platforms will not be allowed to save card-on-file credentials and RBI has proposed card tokenization as a solution.

Investors including Alumni Ventures, Bessemer Venture Partners, and Trifecta Capital among others participated in the round

Foodtech startup iD Fresh Food has granted over INR 300 Cr worth ESOPs to employees across multiple divisions so far

We had mentioned in Wednesday’s closing report that Nifty and Sensex gain led by FMCG and auto stocks.

Fintech infrastructure startup Setu's subsidiary Agya Technologies has received an in-principle licence from the Reserve Bank of India

The startup’s total expenditure also increased marginally to INR 1,025 Cr in FY21 from INR 1,002 Cr in FY20

Ecom Express has joined the list of IPO-bound startups waiting for the bear market storm to pass and may raise $150 Mn from private markets.

Launches co-branded cards in India in partnership with Pine Labs and RuPay

Pine Labs acquires fintech interface startup Setu for $75 million

The week saw some big news emerge from the start-up ecosystem, with SaaS platform LeadSquared joining the unicorn club, and Pine Labs buying the API-infrastructure start-up Setu. Read here for more.