The training programmes, set to commence in January 2025, are designed to equip professionals with industry-aligned skills essential for the modern financial sector, it said.
In his new role, Mahajan will focus on scaling Yubi’s lender relations across private sector, PSU, and offshore markets. He will also lead initiatives to deepen the firm’s partnerships with stakeholders in financial services, including NBFCs, banks, and regulatory bodies.
Bima Sugam India Federation has appointed Bharat Panchal as its Chief Risk, Security, and Stakeholder Management Officer. Panchal brings over 30 years of experience in risk management, having previously held leadership positions at Discover Financial Services, FIS Global, and NPCI.
The venture debt market in India is steadily growing, mirroring the early days of venture capital, particularly in the emerging startup sectors such as fintech and electric vehicles (EVs), a report showed on Thursday.
Unauthorised FinTech lenders, cyber fraud, regulation, compliance, and funding issues have emerged as the top risks for lenders and non lenders as per the survey conducted by FACE (FinTech Association for Consumer Empowerment) and Grant Thornton.
E-commerce AI startup BiteSpeed secured $3.5 million in funding to fuel its global expansion and enhance its AI-powered product suite. Meanwhile, AI-powered visa platform StampMyVisa raised Rs 6.6 crore to upgrade its technology, expand within India, and launch new offerings like visa rejection insurance and travel eSIMs.
The company reported Rs 16 crore in revenue from its lending operations along with a net profit of Rs 1.3 crore. Jupiter had secured a non-banking finance company (NBFC) licence from the Reserve Bank of India in August 2023.
Razorpay’s Venture Investment Program will support over 50 early-stage B2B startups with up to $1 million in funding, technology access, and mentorship. Partnering with Peak XV and Lightspeed, the initiative targets sectors like fintech, e-commerce, healthcare, and education.
With ‘Always Forward,’ NPCI aims to highlight its view that digital financial transactions are essential drivers of personal and national progress
The Delhi High Court has ordered the cancellation of a lookout circular (LOC) against former BharatPe MD Ashneer Grover and his wife, Madhuri Jain Grover. The order comes after a separate bench quashed the FIR against the couple, which alleged cheating and forgery.
