Indian e-commerce giant has partially spun-out its mobile payments brand PhonePe, selling a stake in the startup to Walmart. The deal, which makes PhonePe $700 million in primary capital, boosts Bengaluru-based PhonePe’s…
How a Data-driven Approach Helps NBFCs Offer Secure Smartphone Financing
By Neel Juriasingani, CEO and co-founder, Datacultr The Digital India campaign, launched by the Government of India in 2015 aimed at making the country digitally empowered, has seen many successes. Digital India…
Investment Giants Eye FINO Stake
Japan’s SoftBank Group, alongside Singaporean state investor Temasek and Morgan Stanley, are considering a 33% stake in Indian fintech firm Financial Information and Network Operations (FINO). The deal, through which the trio…