PB Fintech

PB Fintech, which operates insurance aggregator Policybazaar and credit marketplace Paisabazaar, on Monday reported a significantly narrower net loss for the fiscal fourth quarter at Rs 9 crore compared with Rs 220 crore a year…

SoftBank has sold a 2.07% stake in Paytm parent One97 Communications in a series of sales in the open market this year, to comply with the market regulator’s takeover regulations, the Japanese investor informed stock exchanges.A SoftBank…

After battling fork issues in the front, Ola Electric’s chargers are now biting it in the back. No doubt feeling sore, the electric two-wheeler manufacturer has said it will reimburse approximately Rs 130 crore to customers, who will be…

As the business collapse looked imminent due to misreporting of financials, cash burn and other reasons, GoMechanic's founders floated a new startup and tried to sell the idea of spinning off its spare parts business to raise capital. But…

The week gone by was a mixed bag for investors in listed new-age tech companies. While some startups narrowed losses, others reported a manifold rise in losses. Most of the listed tech companies have seen stock valuations halve as investors…

The week gone by was a mixed bag for investors in listed new-age tech companies. While some startups narrowed losses, others reported a manifold rise in losses. Most of the listed tech companies have seen stock valuations halve as investors…

PB Fintech said consolidated income for the group stood at Rs 678.9 crore in the third quarter, a 69% increase over the year-ago period. Sequentially, consolidated revenue went up 7%. The company narrowed its losses by over 70% to Rs 87.6…

The technology sector had a bumper 2021 owing to the pandemic-driven boom for digital platforms offering various products and services, stock market listings of new-age firms, and big-ticket funding rounds which led to a record number of…

The market for initial public offerings fell off a cliff in 2022 in India and around the world. In India, IPO activity saw a dramatic slowdown in 2022 after a record-breaking 2021, thanks to heightened volatility caused by geopolitical…

The Indian startup ecosystem has witnessed a 35% year-on-year fall in total funding so far in 2022 (till December 5) at $24.7 billion, with retail and fintech among the worst-affected sectors, a report by startup data platform Tracxn has…