MobiKwik, a fintech company has inducted four new independent directors. This comes post the filing of the company’s Draft Red Herring Prospectus with SEBI on 12th July 2021. The new appointments include experienced investment professional and former MD of Blackstone and Oppenheimer Dr. Punita Kumar Sinha, accomplished diplomat and the former Ambassador of India to…
Zimyo, the Gurugram-based employee experience platform that empowers organizations to manage and retain great talent, announced that it has raised $1.5 million in a seed funding round led by BEENEXT. Other investors such as AngelList, YAN (Yatra Angel Network), and angel investors like Abhishant Pant (Founder, The FinTech Meetup), Navin Surya (Chairman, FinTech Convergence Council),…
PayU’s consumer lending business LazyPay and PaySense, India’s fastest growing digital credit platform, has announced plans to merge their business operations to build a full-stack digital lending platform in India. PayU will acquire a controlling stake in PaySense and all its assets at a valuation of $185 million. This planned merger is aligned with PayU’s…