Why VCs are hitting reset on Indian fintech
After nearly a decade of unparalleled growth, the country’s fintech businesses are finding it hard to justify their hefty valuations and build profitable businesses.
21 January, 2024•13 min
0
21 January, 2024•13 min
0
More in Internet
Internet
SoftBank exits major InMobi stake in $250 million buyback deal
Ahead of the planned IPO, InMobi founders have bought back more than 30% of the company from the Japanese investment giant, raising their stake to around 60%.
You may also like
Internet
What about Lightspeed?
One of the few remaining foreign venture capital funds in India, Lightspeed has had a rather quiet year—especially when compared to some of its peers. The 2026 IPO pipeline may be the reset it needs.
Internet
There’s more to Paytm’s optimistic results than meets the eye
Cost-cutting measures and growth from a low base make Paytm’s numbers appear better than they are. What comes next will be closely watched by investors who now have other fintech bets to consider.
Business
Why Kotak Mahindra Bank is in a hurry to swallow IDBI
As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.
