This launch comes 18 months after Flipkart and PhonePe, India’s leading UPI app with nearly 50% market share, parted ways. Reports suggest that Flipkart is in discussions to raise USD 20 million for Super.Money.
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The report defines Unicorn startup which is in existence after 2000 with a valuation of USD 1 billion. Gazelles category startups are those that are likely to go Unicorn in the next three years while Cheetahs category startups could go Unicorn in the next five years
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Recognised as the fastest-growing digital payments channel in India, UPI continues to expand its reach into rural areas and integrate with government welfare schemes
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As part of the deal, Padam Kataria, the Co-founder and CEO, Zenifi will join BharatX as the Head of Business – Healthcare, he will work on building BharatX’s healthcare lending vertical
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The potential partnership with the Adani Group could provide a much-needed boost for Paytm amidst its ongoing struggles
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As a next step, parties have already taken steps to withdraw all oppositions against each other in the trademark registry which will help them to proceed with the registration of their respective marks
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The NCDs, issued at Rs 1,00,000 each, attracted investment from the Dadachanji Group's Chairman Kairus Shavak Dadachanji and directors Pervin and Rishad Kairus Dadachanji, who collectively invested Rs 110 crore. Individual investors Rohit, Sandhya and Yash Kapadia contributed Rs 40 crore, media reports reveal
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