Paytm reports profit of Rs 123 cr in Q1FY26 after two quarters of losses
Paytm achieved a net profit of Rs 123 crore in the June quarter, marking a turnaround after previous losses, driven by cost-cutting measures and AI ...
Paytm turns profitable: Fintech firm posts Rs 122.5 crore Q1 net profit, driven by cost cuts and payments growth
Paytm achieved its first-ever consolidated net profit of Rs 122.5 crore in Q1 FY26, a significant turnaround from a loss of Rs 840 crore in ...
Fintechs must drive financial inclusion: Financial services secretary
Fintech’s Big Responsibility: Powering India’s Financial Inclusion India’s fintech sector is buzzing. Innovation is rampant, investment is pouring in, and new solutions are hitting the ...
FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model
Infosys has inaugurated a new development center in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to support over 1,000 employees in a hybrid model. This ...
‘Traditional banks losing share to fintechs globally’
Traditional banks in India face increasing competition from agile, tech-driven rivals, impacting their revenue share despite overall sector growth. Fintechs, private credit funds, and digital-native ...
Groww files IPO papers, eyes $1 billion
Groww Up: Fintech Darling Sets Sights on a Billion-Dollar IPO So, Groww’s finally done it. You know, Groww. The platform that’s arguably democratized investing for ...
Prosus’ India strategy: Mix of investments & acquisitions
Prosus, the Dutch technology investor, plans to significantly expand its Indian portfolio to $50 billion through strategic investments and acquisitions. CEO Fabricio Bloisi emphasizes building ...
