Tag: Fintech
MobiKwik: Q1 FY26 Loss Jumps Sixfold to Rs 42 Crore
Fintech platform MobiKwik has reported a significant jump in net loss for the Q1 of FY26 as challenges in its lending business continue to...
iTuring.ai Secures $5 Million to Boost AI in Finance
Bengaluru-based enterprise AI startup iTuring.ai has secured USD 5 million in Series A funding to help banks and financial firms embrace AI faster. The...
Jupiter Money Gets IRDAI License, Enters Insurance Sector
Jupiter Money, a fintech company based in Bengaluru, has received a Direct Insurance Broker (Life & General) license from the Insurance Regulatory and Development...
PhonePe Hires Shivnath Thukral as VP for Public Policy
Digital payments leader PhonePe has appointed Shivnath Thukral as its new vice president for public policy and government affairs. Thukral will lead the company’s...
Net1 Fully Exits MobiKwik with Rs 143 Cr Stake Sale
South African firm Net1 Applied Technologies has officially exited Indian fintech company MobiKwik by selling its entire 8% stake. The exit was executed through...
NPCI Sees 42% Jump in FY25 Surplus Amid UPI Growth
The National Payments Corporation of India (NPCI), the organization behind UPI, posted a strong financial surplus for the fiscal year ending FY25. Its revenue...
