Tarush Bhalla
Stories by Tarush Bhalla
Paytm to transfer its payments business to a new subsidiary
New RBI guidelines state that non-banking entities offering payment services need fresh authorisation.
General Atlantic, Temasek, others stand to gain atleast $1.33b from BillDesk stake sale
Co-founders stand to gain $1.44b for their 30.84% stake, following deal with PayU.
India: Swiggy in early talks to acquire hyperlocal delivery startup Dunzo
Swiggy is in separate discussions with investors to raise a large round of funding at $10-12 billion valuation.
Indian SaaS unicorn Freshworks files for $100m US IPO
Freshworks joins the growing list of Indian unicorns eyeing public markets.
Indian edtech startup Camp K12 raises $12m led by Matrix, Elevation Capital
It will use the funds to foray into two new geographies and deepen its reach in existing ones by introducing group class learning format.
India’s Hike to focus on gaming, crypto after raising funds from Tinder co-founders
Snapdeal co-founders Kunal Bahl and Rohit Kumar Bansal also participated.
Ahead of IPO, Paytm allots shares to 166 former and current employees
More than 1.01 million shares have been allotted to these individuals.
India: Khatabook raises $100m led by Tribe Capital, Moore Strategic Ventures
Khatabook will also use the proceeds from the current funding to launch financial services offerings for its merchant partners.
India’s latest unicorn Zetwerk plans to expand globally; eyes 2-5 acquisitions this year
Will expand to Middle East and Europe, says co-founder Amrit Acharya.
India: Entry of big fintech players pushing revamp in P2P lending space
Big fintechs are looking at P2P lending to engage a captive audience, instead of building business models around the space.