BharatPe has so far raised around Rs 250 crore in debt funding, which would help catapult its lending business and provide credit to merchants

Datastore of Juspay, a Bengaluru-based start-up was compromised in August 2020, resulting in the breach of over 3.5 crore records

In less than four years, PhonePe has emerged as the leader in UPI transactions, neck-and-neck with Google Pay, leaving behind Paytm and others. But where is the revenue model?

With this, Agarwal has joined the list of entrepreneurs who turned angel investors such as Sachin Bansal, Kunal Bahl, Kunal Shah, and Vijay Shekhar Sharma. All of them have investment entities for personal investments

WhatsApp Pay was started as a trial programme in India in 2018, having reached a base of around one million users.

Google on Tuesday introduced a new feature to help the users compare and recharge their prepaid plans using Google Search.

India's start-up ecosystem expectedly welcomed the move. Padmaja Ruparel, Founding Partner, IAN Fund, noted that the Budget represents a big win for the ecosystem

The company said its 'Snapdeal 2.0 strategy' has helped driving 3X growth in business volumes while reducing costs by 90%

They added that Bansal had also held talks to invest a further USD 35-40 million in artificial intelligence-based healthcare venture Sigtuple, where he is already an investor.

Baseline Ventures believe that both these companies are encashing on Shaw's name and fame without the company's authorisation.

A new breed of fintech lenders is creating a niche segment.

In terms of 'currency in circulation', the RBI puts the latest figure at over Rs 19.3 lakh crore as on June 1, 2018, a jump of about 30 per cent from the year-ago level.

Last October, the Reserve Bank of India announced that it would allow interoperability among prepaid payment instruments (PPI) in phases, including e-wallets of private players. At the time, the expectation was that interoperability among KYC-compliant PPIs would be implemented by mid-April.

As banks and financial institutions integrate fintech solutions with their core banking platform, it's a win for both.