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PhonePe to acquire home-grown mobile platform Indus OS: Report


PhonePe to acquire home-grown mobile platform Indus OS: Report
PhonePe to acquire home-grown mobile platform Indus OS: Report
By:Abhishek Malhotra, The Mobile Indian , New Delhi
Last updated :
May 19, 2021 4:43 pm
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Indus OS is all set to be acquired by PhonePe, the Walmart-owned digital payments platform. This transaction will help PhonePe in adding more applications under its PhonePe switch feature that aggregates various other applications under it. 
 
As per a report by   Entrackr, Three sources aware of the details of the transaction have said,  “PhonePe and Indus OS have signed the terms of the deal two weeks ago and the transaction is a cash deal worth $60 million .  ....

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COVID: Bajaj Finserv launches assistance program for families of its deceased employees


COVID: Bajaj Finserv launches assistance program for families of its deceased employees
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Last Updated: May 17, 2021, 04:23 PM IST
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Synopsis
The initiative is being rolled out across Bajaj Finserv and its companies Bajaj Finance, Bajaj Allianz Life Insurance, Bajaj Allianz General Insurance, Bajaj Housing Finance, Bajaj Finserv Health, Bajaj Financial Securities, Bajaj Finserv Markets and Bajaj Holdings & Investment. It will be effective retrospectively from April 1, 2020.
Agencies
An education assistance of up to Rs 2 lakh per annum, per child, for up to two children until their graduation will be provided, it added.
Bajaj Finserv, the holding company for the financial services business of Bajaj Group, on Monday announced a new comprehensive family assistance programme to extend support and financial assistance to families of employees who have passed away due to the COVID pandemic. This programme Together as One aims to support t ....

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