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Startups raised $732 mn across 107 deals in Jan
There were 70 early-stage deals with a total value of $314.4 mn, and 21 growth-stage deals worth $418.3 mn: Report
Fintech unicorn InCred reports 132% growth in profit in Q3 FY24
Fintech unicorn InCred on Wednesday reported 132 per cent growth in profit before tax to Rs 298 crore in the third quarter of the current fiscal year...
Fintech firm Brex cuts 20% of jobs in restructuring exercise
US-based fintech company Brex has laid off about 20 per cent of its workforce, or 282 employees, in a restructuring exercise.
Fintech funding likely to pick up in 2024
The lull in fintech funding may be nearing an end after a drop in funding activity in 2023 with VC and PE fund houses preferring fintechs with...
Investors see strong growth of the maturing startup ecosystem in 2024
Corporate governance issues in promising unicorns made the investors' community jittery
BharatPe records 182% revenue growth
Fintech unicorn’s progress was made in reducing loss before tax, which plunged from Rs 5,594 cr to Rs 886 cr
Paytm cuts down staff
It is transforming operations with AI-powered automation to drive efficiency, eliminating repetitive tasks and roles to drive efficiency across growth...
The AI kicks in, Paytm fires over 1000 employees!
Fintech giant Paytm has recently laid off more than 1000 employees from its operations, sales, and engineering teams as part of its ongoing efforts to...
