Nalin Negi Becomes The New CEO Of Fintech BharatPe
One of India’s biggest fintech companies, BharatPe, has finally appointed its new CEO after a stint of around 15 months. The CFO and the interim CEO of the company, Nalin Negi, has finally been appointed as the CEO of the company. Nalin Negi has proved to be an asset to the company. In his short…
Vikas
First ‘Startup Mahakumbh’: All The Highlights Of The Event
The Indian economy is the fastest-growing in the world, and startups have played a huge role in its growth. As many as 100,000 startups were started in 2023 alone. For this reason, the government of India introduced a three-day event in Delhi called the ‘Startup Mahakumbh’. The event’s sole purpose was to bolster the Indian…
ABHYUDAYA MITTAL
Flipkart Valuation Drops By $5 Billion In Past 2 Years
According to the equity transactions of its parent company, Walmart, one of India’s biggest e-commerce platforms, Flipkart, has lost around $5 billion in the last 2 years. The company’s valuation fell from $40 billion in 2022 to $35 billion in 2024. Experts say the decline can be attributed to the demerger of fintech PhonePe, which…
Will Paytm Be Able To Survive The Recent Crisis?
Paytm has been going through a tough time after RBI instructed Fintech to seize its Paytm payment bank services indefinitely. Paytm’s market value has dropped a whopping $2.5 billion in the last few days. Now, there are talks that the Central Bank of India might cancel the licence of Paytm Payment Bank after the March…
SHAHID MUSHTAQ
The New CEO Of Kotak Mahindra Bank To Replace Uday Kotak
The Succession of Kotak Mahindra Bank has been a hot topic for a long time now, but now it has been put to rest. The Reserve Bank Of India has appointed Ashok Vaswani as the new CEO of Kotak Mahindra Bank, replacing the billionaire founder Uday Kotak. Vaswani, the former Chief Digital Officer at Barclays…
JYOTI
The Glimpse Of Global Fintech Fest 2023- Day 1
The Global Fintech Fest 2023 was started yesterday in Mumbai and aims to act as a platform for the funding of $15-$20 million for the top fintech ventures. In this global fintech fest, more than 800 speakers and more than 50,000 delegates participated. On Tuesday, Union Finance Minister, Nirmala Sitharaman spoke at the Global Fintech…
Vishal Prajapati
The Evolving Role of Wealth Management in the Digital Future
As per the survey conducted by Wealth and Asset Management, 80% of modern investors prefer using mobile applications to monitor their investments and connect with advisors. And more than 40% of investors now demand digital access to their accounts. Modern-day technology fosters new capabilities via mobile interaction and plays a vital role in reshaping the…
BharatPe Appointed CRO, CBO and Consumer Lending Head
Leading fintech firm, BharatPe, recently announced three significant appointments for mentorship, company growth, and success. On Monday, the company appointed Kohinoor Biswas as the head of Consumer Leading Business. Biswas will take care of the entire PostPe operations, launched in 2021 with ‘Buy Now Pay Later’ (BNPL). He will report to Nalin Negi, the CFO…
John David
An Additional USD 100 Million From General Atlantic For PhonePe
Decacorn fintech PhonePe is conducting ongoing fundraising of USD 1 billion, which has raised USD 750 million by far. The latest investment in this series comes from General Atlantic, who just contributed USD 100 million to the fundraising. Walmart Group is now very close to completing its set goal. Notably, General Atlantic invested USD 350…
Navi Technologies Gets Approval From SEBI For IPO
Sachin Bansal’s Navi technologies get the nod from the Security and Exchange Board Of India (SEBI) for an Initial Public Offering (IPO), providing the Flipkart co-founder with a boost as he works to create a financial services conglomerate. Navi Technologies is a fintech company that submitted the draft papers to SEBI in March this year…
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