Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at teens, notified its […]
Pine Labs gets Singapore court approval to shift base to India
Pine Labs, a merchant commerce startup, has received approval from a Singapore court to merge its local entity with its Indian unit, and transfer all its assets and […]
India weighs delaying caps on UPI market share in win for PhonePe, Google Pay
India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI payments rail by one to two years, sources familiar […]
Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in […]
General Catalyst eyes VC deal in India push
General Catalyst, one of the largest U.S. venture capital firms, is in talks to acquire an India-focused VC as part of efforts to expand its presence in the […]
Grayscale CEO sees spot bitcoin ETF as first step toward ‘normalizing’ crypto
It’s been a long road for spot bitcoin ETF filers – and today the U.S. Securities and Exchange Commission finally approved all 11 standing applications from issuers. “I’ve known […]
US approves first spot bitcoin ETF applications for 11 issuers
It’s been over a decade since the first application for a spot bitcoin ETF was filed. After a number of denials over the years, the U.S. Securities and […]
Mamaearth makes public debut, youngest Indian unicorn to list
Shares of Honasa Consumer, the parent firm of direct-to-commerce beauty and personal care Mamaearth, jumped slightly in a key public listing watched by many Indian startups as they […]
ADIA, Norges among anchor backers in Mamaearth’s $92M raise ahead of IPO
Honasa Consumer, the parent firm of skin and personal care brand Mamaearth, has raised about $92 million in an anchor round ahead of its initial public offering starting […]
Invesco raises Swiggy’s valuation to nearly $8 billion
Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more […]