Recently their was a significant impact is recorded in the fintech market with Rohit Sharma Invests in LEO1. Fintech startup LEO1 has announced a significant development by bringing on board Rohit Sharma, the renowned cricketer, as a strategic investor. This move is set to propel the company into new heights, aligning with its mission to […]
In today news we covered about Aye Finance Secures INR 250 crore in debt funding. This significant investment, raised from the Dutch entrepreneurial development bank FMO, marks a pivotal moment for the company. It aims to enhance its lending capabilities to micro, small, and medium enterprises (MSMEs) across the country. The Funding Milestone The latest […]
Recently Paytm is in a discussion with Zomato for a reason that Paytm to Sell Movie Ticketing Biz to Zomato for INR 1,500 Cr. This potential deal marks a significant strategic move for both companies, as they look to realign their core business focuses and expand their market reach. The Core of the Deal The […]
From June 1 to June 15, 2024, the Unified Payments Interface (UPI) recorded a strong performance with 708 crore transactions, amounting to 10.95 lakh crore. This indicates a steady growth in digital payments and increased trust in the UPI system. Compared to May 2024, these figures show a promising trend, with the total transaction volume […]
Recent days digital invoice financing rises with a great speed and its help in empowering India’s MSMEs. In India, small businesses are the backbone of the economy. Their are about 600+ MSMEs are in India which plays a important role in improving the Indian economy. Rural areas house 324.9 lakh of these businesses, while urban […]
Recently Marshall Wace sells Paytm stake in INR 25 Cr to BNP Paribas. Let’s break down the information and understand about this news completely. In a significant move within the fintech sector, UK-based hedge fund Marshall Wace has sold its stake in Paytm. This transaction took place through a block deal, marking an important event […]