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Fibe's IPO papers flag reliance on unsecured, repeat lending

Bengaluru, June 30 -- Mumbai-based Fibe filed for an initial public offering on Tuesday, combining a fresh issue of up to Rs.750 crore with an offer for sale of more than 40 million shares by existing... Read More


Flipkart bets on SuperCoins to outlast India's discount wars

Mumbai, June 30 -- Flipkart Internet Pvt. Ltd is expanding SuperCoins, its loyalty programme, into a cross-platform rewards currency, much like airline miles, with benefits extending beyond shopping t... Read More


PayU swings to Ebitda profit in FY26 as payments, credit businesses rally

Bengaluru, June 29 -- Digital payments firm PayU India turned profitable on an Ebitda basis in FY26, reporting $19 million in Ebitda in the second half of the fiscal year as improvements in its paymen... Read More


Why Equirus is avoiding loss-making startups in its Rs.1,500 crore fund

Bengaluru, June 27 -- Mumbai-based Equirus Capital is looking to back profitable late-stage companies as India's startup funding market enters a more selective phase, with investors prioritizing margi... Read More


SpaceX effect: Indian millionaires and family offices hunt for the next big US frontier-tech payoff

BENGALURU, June 26 -- Indian family offices and wealthy investors are widening their bets on private US frontier-tech and artificial intelligence (AI) companies after the SpaceX initial public offerin... Read More


Kunal Shah to lead WhatsApp as Meta takes a bite of Cred

New Delhi, June 22 -- Meta Platforms Inc. has named fintech entrepreneur Kunal Shah as the new global head of WhatsApp, pulling off an unusual executive crossover as part of a $900 million investment ... Read More


A new crop of UPI players is rewriting the cashback playbook

Bengaluru, June 22 -- Cashback is no longer just a tool to drive payments on UPI, the unified payments interface. In a push for growth, newer fintech apps are increasingly using rewards to turn freque... Read More


Kunal Shah's Cred scales biometric UPI users to near 10 million

Bengaluru, June 19 -- Cred is close to crossing 10 million users on its biometric authentication feature for UPI payments, according to an internal message shared by founder Kunal Shah with employees,... Read More


Great Learning co-founder says management control shielded it from Byju's downfall hit

Bengaluru, June 17 -- Upskilling platform Great Learning says its $600 million cash-and-stock sale to Byju's in 2021 was a financial deal, not a strategic integration, and that it remained operational... Read More


Zepto's roadshow offers clues to quick commerce's next phase

Bengaluru, June 15 -- Zepto's investor roadshow highlights improved marketing efficiency, while its updated draft red herring prospectus shows that new user additions fell by nearly two-thirds in 2025... Read More