Security management startup myGate has raised Rs 65 crore in its Series-A round of funding led by existing investor Prime Venture Partners.
The company will offer both direct consumer loans as well as partner with vendors to provide them lending as a service solution, so that they can design customised credit products.
Digital payments major Paytm has set aside Rs 200 crore to promote unified payments interface-based transactions this festive season.
The government’s firm stand on data localisation means cost escalation for these entities since a lot of their servers which have been set up outside the country will need to be brought here.
Closed-door meeting sparks complaints of bias along with a demand for an extension to today's deadline.
Over the next few weeks, various other products from Paisabazaar like direct plans of mutual funds, loans, credit cards etc. will also be available to customers on Alexa and Google Assistant.
At least two large private sector lenders in the domestic money remittance business have increased charges by at least 20 basis points, they said, declining to name the banks.
RBI could initiate action against those which do not comply with instructions that were announced in April.
Superapps which offer multiple set of services will become popular because people tend to follow known brands
Amazon pumped in Rs 590 crore into Amazon Pay in September, as per the company’s latest filings with the Registrar of Companies.
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