Out to list, Pine Labs is a hardware business pretending to be a fintech
Out to list. Pine Labs is a hardware business pretending to be a fintech. Pine Labs was injected with vast amounts of VC money. The hope was that the hardware would... Read more.
JSW, Tata, Birla’s entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness
JSW, Tata, Birla's entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness. For almost a decade, B2B e-commerce has been the domain of startups like... Read more.
Restaurants desperately seek a third alternative in food delivery
Over the past week, restaurateurs have been talking about being subjected to advertising campaigns and unauthorized promotions by the food delivery platforms, often... Read more.
Flipkart secures NBFC licence
It is the first e-commerce company that the RBI has given permission to directly give loans. E-commerce giant Flipkart has secured an NBFC (non-banking financial... Read more.
Stockbroking business is slowing down, says Nithin Kamath
The Zerodha cofounder attributes reduced market activity for the stockbroking business witnessing a 10-20% decline this year. Nithin Kamath expects the stockbroking... Read more.
Slow and steady Digio is winning the paperless race
Digio, founded by Nithin Kamath and Abhimanyu Pandian, has "slowly and silently become the back-end infrastructure provider to several industries". The software-as-a-service... Read more.
CRED set to raise $75 million at $3.5 billion valuation
The down round will help stabilize the Kunal Shah-helmed fintech's runway as it tackles headwinds in unsecured lending. CRED is close to announcing a deal to raise... Read more.
Supreme Court temporarily halts Bhushan Power’s liquidation
A two-judge bench of the Supreme Court on Monday temporarily stopped the liquidation of Bhushan Power and Steel Ltd (BPSL). This halts proceedings at the National... Read more.
MobiKwik can see light at the end of the tunnel
The worst may be over for MobiKwik. The Gurugram-based fintech company ended the 2024–25 fiscal year with a loss of ₹121 crore, down from a profit of ₹14 crore... Read more.