Walmart-owned PhonePe crosses 500 million lifetime registered users

Walmart-owned fintech firm PhonePe said it has crossed 500 million lifetime registered users on its platform. With this milestone, 1 in 3 Indians are now on PhonePe. The company said it is the......

'Investing is a loser's game'

'In investing, you have to first make sure you don't make big mistakes.''I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.''Don't go......

A new fintech world is upon us amid funding drought, lower valuations

In January, Visa’s chief executive officer, Al Kelly, said during an earnings call that “there’s been a burst of the balloon in valuations in the fintech world”.......

Bernstein pegs RIL's stake in retail arm at $111 billion

Global investment management firm Bernstein has pegged the enterprise valuation of Reliance Industries (RIL)’s 85 per cent stake in Reliance Retail at $111 billion, while valuing the Mukesh......