PB Fintech

New York-headquartered investment firm Tiger Global informed its limited partners (LPs) last week that it has completed its exit from Flipkart, snagging $3.5 billion in total gains over the past few years of a phased selloff, two people in…

Talk about being caught in a downward spiral. Cash-starved Dunzo has sharply scaled down operations to about a fifth from last year’s peak in a move to save cash, while fresh funds aren’t forthcoming. This and more in today’s ETtech Morning…

With the broader stock market indices setting record highs, shares of two Gurgaon-based newage companies, Zomato and PB Fintech, touched 52-week highs on July 13. The two stocks outperformed their newage peers, such as Delhivery, One 97…

New-age tech companies Paytm, Zomato, Nykaa, Policybazaar, CarTrade and Delhivery have together regained nearly one-third of the wealth investors in their shares had lost last year, thanks to their efforts towards profitability, reducing…

The Internet and Mobile Association of India (IAMAI) is asking the government to renotify the latest anti-tobacco rules impacting video streaming platforms, this time after consulting the industry. This and more in today’s ETtech Morning…

Gurugram-based insurance broker Policybazaar is quickly expanding the share of revenue from its new business lines as it diversifies from just being a consumer-focussed online insurance distribution platform.PBFintech, which is a publicly…

Hi, this is Pranav Mukul in New Delhi. Earlier this week, the Internet and Mobile Association of India (IAMAI) elected a new 24-member governing council – and from that, a four-member executive council .Dream11 cofounder and CEO Harsh Jain…

Chinese technology behemoth Tencent on Friday offloaded a 2.09% stake in Gurugram-based financial services company PB Fintech for Rs 562 crore through bulk deals, data from BSE stated.Tencent sold the shares for Rs 596.6 a piece, roughly…

Paisabazaar, the credit arm of financial services company PB Fintech Group, is expected to report a profit in FY24, according to its chief executive, driven by a jump in disbursals as the company bets big on co-branded products and…

Reducing cash burn, narrowing losses, and finding a sustainable path to profitability were the dominant themes as major new-age tech firms announced their fourth quarter (Q4) results this month. While Paytm’s holding entity One 97…