Fintech Startups News

Companies

Paytm clarifies status of licensing process, says no deferral notice on investment in payments arm

Paytm refuted ‘speculative’ reports suggesting that the Indian government deferred the approval of Paytm’s $6 million investment in PPSL over concerns about Chinese shareholding in One 97 Communications, the parent company.

1 min read17 Apr 2024
Companies

Need medical loan? Ashneer Grover makes waves in fintech arena again with ‘ZeroPe’ app

BharatPe cofounder Ashneer Grover is all set to launch a new fintech application called ‘ZeroPe’ to provide hassle-free medical loans.

1 min read15 Apr 2024
News

DLAI, FACE rally for fintech self-regulation amid regulatory scrutiny

The self-regulatory organizations, with 120 members, seek better enforcement through RBI’s draft guidelines.

3 min read25 Mar 2024
Companies

Is funding winter nearing its end? Experts predict resurgence for Indian startups

After enduring a prolonged funding winter, the Indian startup ecosystem is poised for a resurgence, with industry experts predicting funding inflows between $8bn-$12bn in 2024, marking a potential reversal of the drought. Venture Capital experts share the sectors that will remain in focus in 2024

3 min read20 Mar 2024
Companies

Funding Winter shuts over 35,000 startups in 2023. Will VCs fund tech platforms this year?

Indian startup ecosystem faced challenges in 2023 with funding winter intensifying, leading to venture closures. Deal volume and size declined, mega rounds dropped by 70%, and unicorns decreased. Tech startups saw a decline while focus shifted to traditional sectors.

4 min read14 Mar 2024
Companies

What do start-ups expect from govt and regulators amid crises at Byju’s and Paytm Payments Bank? Read on to find out

A day after Mint asked industry stakeholders to weigh in on the impact of Byju’s and Paytm Payments Bank’s debacles on the future trajectory of the start-up space in India, more has happened. Let us take a look at the regulatory support the sector expects.

5 min read27 Feb 2024
Industry

Union Finance Minister Sitharaman with start-up, fintech ecosystem stakeholders, recommends monthly meeting with RBI

The interaction with the start-up and fintech ecosystem partners was organised to enable the free exchange of ideas to bolster and scale up operations to facilitate global competitiveness by enabling growth in the fintech sector.

2 min read27 Feb 2024
Companies

Have Paytm and Byju’s debacles dented Indian startups’ prospects? Experts weigh in

Amid the uncertainty, Mint asked industry stakeholders to explore the impact of these setbacks and share insights on the future trajectory of the start-up space in India.

5 min read28 Feb 2024
News

RBI swipes left on commercial credit cards

Businesses typically pay their vendors by bank transfers or commercial credit cards called Business Payment Service Provider (BPSP) transactions, which are now suspended by RBI

2 min read14 Feb 2024
Companies

Paytm’s China link that made authorities sit up

The external affairs ministry had recommended against the approval of Chinese investment in One97 Communications from a “political angle”

3 min read8 Feb 2024
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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