[ad_1] PhonePe discontinues partnership with Juspay; will not be working with third-party routing platforms Fintech major PhonePe has discontinued its partnership with SoftBank-backed payments platform Juspay and will not be working with any third-party routing platform, offering direct integration to its customers, the firm told CNBC-TV18. “As a payment aggregator, one of our core roles […]
Startup Digest: Swiggy IPO to kickoff, Ola Electric scrutiny continues, udaan’s ₹300 cr fundraise, FY24 earnings, and more – CNBC TV18
[ad_1] Swiggy aims to kick off $1.35 billion IPO mid-next week Food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, as per a report by Bloomberg. The price of its upcoming IPO at ₹390 at the upper […]
Startup Digest: OYO clocks ₹158 Cr profit in Q2FY25, General Catalyst’s $8 Bn fund, Healthify bags fresh funds & more – CNBC TV18
[ad_1] OYO reports ₹158 crore net profit in Q2FY25 Travel tech platform OYO achieved a profit after tax of ₹158 crore in the second quarter of the current fiscal ended September, Founder Ritesh Agarwal told employees in a townhall on Thursday, as per a PTI report. The profitability has come on the back of premiumisation […]
Startup Digest: Way2News raises $14M, Revolut eyes 2025 India launch, e-com festive sales begin Sep 26, and more – CNBC TV18
[ad_1] Way2News raises $14 million in Series B round led by WestBridge Capital Way2News, a hyperlocal news platform, has raised $14 million in a Series B funding round led by WestBridge Capital, with participation from venture capitalist Sashi Reddi. With a strong presence already established in Andhra Pradesh, Telangana, and Tamil Nadu, this funding will […]