PB Fintech records Q2 profit of Rs 50.98 crore in FY25
PB Fintech, the parent company of insurTech, Policybazaar, has consolidated net profit of Rs 50.98 Crore for the second quarter (Q2) of fiscal year 2024-25 (FY25), reversing a loss of…
PB Fintech, the parent company of insurTech, Policybazaar, has consolidated net profit of Rs 50.98 Crore for the second quarter (Q2) of fiscal year 2024-25 (FY25), reversing a loss of…
M2P FinTech recently announced the closure of the initial phase of its Series D funding round, securing Rs 850 crore. The funding, a combination of primary and secondary share capital,…
GrayQuest has closed its Series B funding round, raising Rs 53 crore (approximately 6 million dollars). The round was co-led by Pravega Fund and IIFL Fintech Fund, each investing Rs…
Veefin Group has secured a 26 per cent stake in software solutions provider EpikIndifi through a cash-and-share swap deal, valuing the company at Rs 125 crore. This marks Veefin’s third…
Navi has partnered with Karnataka Bank to launch a credit line feature on Unified Payments Interface (UPI). This initiative integrates a pre-approved credit line directly into the UPI, offering customers…
Navi Finserv has secured $38 million (approximately Rs 320 crore) from JP Morgan through a securitisation deal. This funding will enhance the company’s digital lending efforts. This is one of…
TechFini has received final approval from the National Payments Corporation of India (NPCI) to operate as a UPI Issuer 2.0, UPI Acquirer 2.0, Issuer of Credit Line on UPI, Acquirer…