Unicorns

VerSe Innovation Raises USD 805 Mn in Latest Funding Rounds Hitting Valuation Of USD 5 Bn 

Advertisements VerSe Innovation, India’s biggest local language technology platform, today announced it has raised & signed definitive documents for USD 805 million in latest funding rounds from marquee global investors Canada Pension Plan Investment Board(CPP Investments), Ontario Teachers’ Pension Plan Board (Ontario Teachers’), Luxor Capital, Sumeru Ventures and others. Existing investors Sofina Group, Baillie… Read More ›

Paytm Payments Bank has 155 million UPI handles, is the largest beneficiary bank

India’s leading digital payments and financial services Paytm filed its DRHP on July 15, 2021, for SEBI’s approval for its $2.2 billion IPO. In its prospectus, the numbers of Paytm Payments Bank revealed how the company is faring in the UPI game. Paytm Payments Bank Ltd (PPBL), has 155 million UPI handles on its platform and is accelerating the growth of UPI payments at retail stores and even large merchants, as stated in its DRHP.

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