Elevation Cap to sell 1.3% Paytm stake

Elevation Cap to sell 1.3% Paytm stake

MUMBAI: Elevation Capital, an early backer of One97 Communications which owns fintech Paytm is selling about 1.3% stake in the company worth Rs 964 crore through block deals on Friday, the term sheet of the deal showed.The floor price of the offer, set at Rs 1,121 per share, is at a 3% discount to Paytm’s…

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Pool of credit-worthy Indians needs to expand: Niti Aayog chief – The Times of India

Pool of credit-worthy Indians needs to expand: Niti Aayog chief – The Times of India

MUMBAI: The pool of credit-worthy individuals in India remains small and needs to expand, BVR Subrahmanyam, CEO of Niti Aayog, said at the Global Fintech Fest (GFF) 2025, highlighting the role of technology and fintech in meeting the country’s finance needs.Speaking to Kunal Shah, founder of Cred, Subrahmanyam said India, now the world’s fourth-largest economy,…

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Finance minister Nirmala Sitharaman’s mantra for fintechs: Profitability & compliance – The Times of India

Finance minister Nirmala Sitharaman’s mantra for fintechs: Profitability & compliance – The Times of India

File photo: Union minister Nirmala Sitharaman Cautions Against Risks From Weaponisation Of Technology File photo: Union minister Nirmala Sitharaman Cautions Against Risks From Weaponisation Of Technology File photo: Union minister Nirmala Sitharaman MUMBAI: Finance minister Nirmala Sitharaman on Monday cautioned that while technology can drive global good, it can also be weaponised, posing significant risks…

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