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March 12, 2021
Amazon infuses Rs 225 crore into Amazon Pay India March 12, 2021 Amazon.com Inc. has pumped in Rs 225 crore worth of equity funding into Amazon Pay (India) Pvt Ltd, the e-commerce giant’s digital payments arm in India, according to regulatory disclosures. Amazon had previously infused Rs 700 crore worth of equity capital into Amazon Pay in October 2020 and around Rs 1,355 crore in January last year. According to regulatory filings with the Ministry of Corporate Affairs (MCA), accessed by Medi...
March 11, 2021
Indias fintech sector valuation to touch $150-160B by 2025: Report A report by Boston Consulting Group (BCG) and FICCI says that over the past five years, Indian fintech companies have raised about $10 billion from investors all over the world, catapulting the sectors total valuation to an estimated $50-60 billion. 0 claps India is strongly poised to realise a fintech sector valuation of $150-160 billion by 2025, translating to an incremental value-creation potential of about $100 billion, a r...
March 10, 2021
Seafood marketplace Captain Fresh snags funding and 9 more India deals ResearchPremium Captain Fresh, a B2B marketplace for seafood, has raised $3 million in a seed funding round co-led by Matrix Partners India and Ankur Capital. The round also saw participation of Incubate Fund, along with investors like Jitendra Gupta (Jupiter Money), Amrish Rau (Pine Labs), Asish Mohapatra (OfBusiness) and Revant Bhate (Mosaic Wellness), and ADB Ventures (the venture arm o...
March 9, 2021
News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.
March 9, 2021
Looking to explore more opportunities in financial and banking service and want to get into general insurance, says the Founder & CEO, Paytm.
March 7, 2021
The growing prowess of India in the field of economy as well as technology has garnered the attention of tech giants across the world
March 7, 2021
The growing prowess of India in the field of economy, as well as technology, has garnered the attention of tech giants across the world. Technology giants Facebook Inc, Amazon.com Inc and Google and credit-card providers Visa Inc and Mastercard Inc are among those vying for unprecedented access to India's burgeoning digital retail payments market, reported The Star.
March 6, 2021
Kuala Lumpur [Malaysia], March 6 (ANI): The growing prowess of India in the field of economy, as well as technology, has garnered the attention of tech giants across the world.
March 5, 2021
People Digest: Kalaari gets new partner; Pine Labs names CBO for SEA Visual from Pine Labs website March 5, 2021 Kalaari Capital has roped in former Paytm executive Kiran Vasireddy as a partner. Separately, Pine Labs has announced key organisational changes to strengthen its presence in Southeast Asia. Kalaari gets a new partner Venture capital firm Kalaari Capital has roped in former Paytm executive Kiran Vasireddy as a partner. Vasireddy was the chief operating officer when he quit Paytm in 2...
March 5, 2021
What is NUE, the new digital payments buzz Reliance, Tata, Paytm, Google, FB are all chasing In a boost to Indias digital payments space, four consortiums have shown interest in new umbrella entities (NEUs). ThePrint explains what they are and why theres an interest. Remya Nair 5 March, 2021 1:15 pm IST Text Size: A+ New Delhi: Well known Indian business houses and global e-commerce firms have indicated their interest in floating new umbrella entities for paym...