PhonePe, a leading digital payments platform in India, has recently joined hands with PickMe, the largest ride-hailing service provider in Sri Lanka. This partnership aims to offer Indian travelers a convenient and secure way to make online payments for hailing rides while visiting the neighboring country. By expanding its international presence through this collaboration, PhonePe […]

Acko, a leading digital insurance provider in India, has encountered a significant hurdle in its international expansion efforts. Shenzhen MengLang Technology, a Chinese entity, has applied for the Acko trademark in China, despite Acko General Insurance having no affiliation with the company. This move has prompted the company to seek the intervention of the Indian […]

InCred, a leading financial services company, has reported stellar financial results for the fiscal year 2023-24. The company’s profit more than doubled to INR 316.3 crore, marking a significant milestone in its growth trajectory. This impressive performance was driven by a robust increase in revenue, which crossed the INR 1,000 crore mark, highlighting InCred’s strong […]

Paytm plans job cuts for cost efficiency as part of a restructuring. Uncertainty looms as the company seeks to optimize its workforce and enhance market position. In a bid to streamline operations and enhance cost efficiency, Paytm, the digital payment giant, is contemplating another round of job cuts. This move comes as part of a […]

In recent times, the Unified Payments Interface (UPI) system has encountered several outages, sparking concerns among users and stakeholders alike. Addressing this pressing issue, Reserve Bank of India (RBI) Governor Shaktikanta Das shed light on the root cause of these disruptions, providing clarity and reassurance to the public. Governor Shaktikanta  Das unequivocally stated that the […]