Should Phonepe be worth more than Paytm’s $7.9B?
The Walmart-backed company commands nearly half of India’s digital-payments landscape. But its financials trail its smaller, listed rival
The Walmart-backed company commands nearly half of India’s digital-payments landscape. But its financials trail its smaller, listed rival
What stands between employees creating generational wealth through stock options is their own ‘zone of frustration’ and companies’ tight Esop rules
The fintech giant is going public with deep enterprise roots and a strong EMI play. For investors, past success may not be enough
Other income, one-offs, and adjustments dress up the bottom line of many new-age companies. Caveat investor
Why did Peyush Bansal do what few can: claw back stake from investors before going public?
The standoff has cost the payments orchestrator in its latest funding round; merchant support, though, seems more enduring
A recent subsidy cut threatens the zero-fee model that made UPI ubiquitous, forcing banks, fintechs, merchants, and regulators to rethink who should foot the bill
After its Rs 2,000-crore Paytm deal, the foodtech is hiring industry veterans and signing on A-list celebs to outplay the market leader
Flipkart’s interest in backing Super.money has a lot to do with the third wave of UPI. But Super.money is bringing a knife to this gunfight
With retail investors and MFs pouring in big money, scores of stocks like Waaree Renewable Technologies, Mazagon Dock Shipbuilders, and PB Fintech have skyrocketed, way out of sync with their financials
The fintech giant is unfurling every banner to free itself from the bank, enticing back the key partners who fueled its recent revival. And there’s a message it wants to send to the RBI
Amit Lakhotia is gearing up Park+ for the $241-million opportunity. But banks are worried about market monopolisation
To give its digital-only identity a facelift, the payments giant zeroed in on a lucrative offline market. But it’s proving a tougher nut to crack—even if there's a Paytm*-shaped void
As employees quit in droves, startups are getting creative with their human resource processes to address surging attrition rates
With Phonepe and other rivals targeting its merchants, Paytm wants its sales force to leave no stone unturned
The bank was joined at the hip with the eponymous payments app. That was its undoing
In a saturated, competitive market, thousands of field agents working for Indian fintechs hustle daily to ensure that merchants choose their platform
It has been nearly a year since the central bank restricted the fintech from onboarding new merchants for its payments-gateway business; the impact is only being felt now
Personal loans helped lift Paytm and rejuvenate its lending operations. But the fintech must now seek alternatives
The payments major and HDFC Securities are among the new entrants in discount broking eager to wrest market share from incumbents
As the open network evolves, fintechs see a UPI-like opportunity in e-commerce, but seller side is posing a challenge
R Subramaniakumar, the turnaround man with four decades of experience, has tackled immediate risks in his first year as RBL Bank chief by betting on branches. That has consequences, though
The fintech giant’s 250% loan growth reveals a distribution machine. It has packaged its onboarding and collection services to entice its lending partners. Yet, the market is divided on this strategy
India’s central bank has thrown many curveballs at the unicorn lending fintech, leaving it to navigate a complex path. Despite the efforts to steer its way out with new products, Slice finds itself adrift in a sea of dwindling user numbers
India’s largest public-sector lender wants to attract more current-account deposits to raise inexpensive capital. But handing out sound boxes, already popularised by Paytm and Bharatpe, might not be the best plan
With resources stretched and banking tech in need of a revamp, India’s #2 payments app is facing multiple battles in a rapidly changing war
The lifestyle e-tailer had a stellar IPO in late 2021 and remained the top pick among tech stocks. But with the end of the lock-in period and questions over its fashion business, Nykaa is trading near its all-time low
A regulatory shift in the way India handles financial data is likely to disrupt Lentra’s space. And while other geographies offer new opportunities, they also come with local challenges
The fair value of a two-year-old startup Jar’s equity share zoomed 8,000% in 17 months. DealShare, Byju’s, Cred and many others saw similar crazy spikes. Backed-up by fantastical assumptions in reports of valuers appointed by the startups themselves. It was a wild party. Until it lasted.
A year after listing, Paytm, PB Fintech, Zomato, and Nykaa have each had some big losses. What they have going for them is the mountain of IPO proceeds still at their disposal. But they can’t seem to shake off the pain that comes with investors looking to cash out
Kotak811 brought in a third of the private lender’s new customers last fiscal. And it could be a top contender when India starts handing out digital-bank licenses
The likes of CRED and MobiKwik want to lend to their customers when several fintechs have been unable to do so with NBFCs. And peer-to-peer lending marketplaces, struggling to scale, are now keen to acquire customers at low costs
As funding dries up, growth-stage startups can choose to be acqui-hired. But it’s riddled with challenges, and the Indian ecosystem is peculiarly averse to it
Transactions on the game-changing Unified Payments Interface cost apps, banks, and the payments processor US$500 million a year. And state support hardly suffices
Udupi shows what a mammoth task it is going to be for India’s Open Network for Digital Commerce to onboard local sellers and meet the challenges of servicing the local demand
Bootstrapped and profitable, EaseMyTrip has quickly become the second largest player in the OTA sector. Its ‘win at all costs’ operating model raises some concerns
With a user base of over 350 million, PhonePe is eyeing growth in its investments business. Recent acquisitions and applications for regulatory licences are part of its strategy but its biggest challenge is likely to be the cross-selling hurdle which has humbled bigger rivals like Paytm in the past
India’s top seven banks have nearly 70 million current accounts, but Paytm, PhonePe, BharatPe end up becoming the first port of call for close to 25 million merchants. Banks like HDFC Bank and SBI now want to claw back their share
From actor Sunny Leone to police constables in Jaipur, victims of ghost loans are legion. At fault are growth-hungry lenders, willing to take shortcuts and ignore safeguards in their quest to build out their loan books
India wants to digitise its healthcare system with a UPI-like system called Unified Health Interface. But between eclipsing the country’s flagship health programme PM-JAY and generating over 127 million health IDs without consent, UHI’s short history is quite checkered