Even WhatsApp Payments, which is in beta testing stage, is working with four banks.
Flipkart co-founder acquires 94% stake in Bengaluru-headquartered Chaitanya Rural for Rs 739 crore.
New brand will work on automating processes around sales, services, and marketing.
Recently Paytm had elevated its CFO Madhur Deora as a president in the company giving him expanded roles and responsibilities. The Softbank and Alibaba backed entity is yet to appoint a CFO.
Instead of a flat, mandatory holding period for three-to-five years, Zerodha is offering an option to vest 33% of the shares after the first year, providing easier liquidity options to staff.
Industry executives pointed out that the regulator has looked at P2P only from a retail lending point of view, whereas there is growing demand for business loans through the platform.
Startups fear directive may stop them from accessing all bureau data, hitting them badly.
The funding tap is open for a host of ventures.
"We are so early in this game (that) we are really not focused on the competition. We are focused hard on our users," Caesar Sengupta said.
The RBI has told banks & NBFCs to stop providing consumer data to unregulated entities.
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