fintech
PayU India Achieves Significant Growth: Revenue Climbs 12% to ₹4,300 Crore in FY25
PayU India saw its revenue jump 12% to ₹4,300 crore in FY25, driven by a 14% rise in payment volumes across key sectors. Its payments business broke even in H2 FY25, a major milestone. With a new RBI payment aggregator license, PayU is set to expand further in India's booming digital payments market.
Paytm Shares Tumble 10% After Finance Ministry Rejects UPI MDR Reintroduction
Paytm shares plunged 10% after the Finance Ministry dismissed speculation about reintroducing MDR on UPI transactions. Hopes for a new revenue stream were dashed, highlighting fintech's sensitivity to policy. Despite the setback, UPI continues its record growth, with the government committed to free services amidst sustainability questions.
Pine Labs Gears Up for Rs 5,000-6,000 Crore IPO, Files DRHP by June-End
Fintech giant Pine Labs is set to file its DRHP by June-end for a Rs 5,000-6,000 crore ($600-720M) IPO. Having recently re-domiciled to India, the move underscores the growing maturity of India's startup ecosystem and public markets. The IPO could value the company at $4-5 billion.
From Vision to Venture The Inspiring Journey of Tushar Kansal
Tushar Kansal, founder of Kansaltancy Ventures, is transforming India’s startup ecosystem with innovative funding solutions and ethical valuations. Since 2016, his firm has bridged the gap between startups and investors, mentoring over 5,000 startups and facilitating deals up to $50 million. Tushar’s global expertise and commitment to empowering entrepreneurs highlight his journey as a leader
