Tag: paytm
Razorpay to solely focus on omnichannel for offline play
Online payments company Razorpay has tamed its offline expansion plans amid sluggish growth of the vertical, three industry executives aware of the matter told ET….
Delhivery grants 1 lakh stock options to employees
In a filing with the stock exchanges, new-age logistics company Delhivery said it has granted 1,00,360 stock options to eligible employees under its Employee Stock…
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloff
Falling share prices of new-age companies in the quarter to March, tracking weaker macroeconomic indicators, pushed mutual funds to step up buying and raise their…
Razorpay plans confidential IPO filing soon; targets $600-700 million raise at $5-6 billion valuation
Fintech unicorn Razorpay is preparing to confidentially file for an initial public offering (IPO) within the next few weeks, according to multiple people familiar with…
Easebuzz in hunt for Rs 300 crore, valuation may cross $250 million
Pune-based digital payment processor Easebuzz is looking to raise Rs 200 to 300 crore in a fresh funding round, which could propel the firm’s valuation…
Razorpay picks Axis, Kotak, Citi, and JPMorgan to manage its IPO
Digital payments major Razorpay has finalised four investment banks for its upcoming public listing, according to two people in the know. Axis Capital, Kotak Mahindra,…
Mutual funds adopt India Inc’s next gen companies with open arms
Domestic mutual funds held shares worth Rs 1.77 lakh crore in about two dozen new-age companies at the end of 2025, nearly double compared with…
Domestic MFs double their holdings in new-age startups over a year
Domestic mutual funds held shares worth Rs 1.77 lakh crore in about two dozen new-age companies at the end of 2025, nearly double compared with…
Large fintechs press the pedal on marketing spends to boost growth
After two years of focussing on profits and trimming costs, large fintechs have started pressing the pedal on their marketing expenses in fiscal 2026. Digital…
Cred FY25 revenue rises 16% to Rs 2,735 crore, losses narrow
Fintech startup Cred reported consolidated operating revenues of Rs 2,735 crore in FY25, a 16% increase over the previous year, as higher product adoption helped…