Entrepreneur News Network

Actis Sells ₹151.6 Crore Worth of Pine Labs Shares as Fintech Firm Reports Strong Profit Growth

Pine Labs CEO Amrish Rau

London-based investment firm Actis has sold shares worth approximately ₹151.6 crore in Indian fintech company Pine Labs through a market transaction, continuing the trend of stake sales by early investors following the expiration of the company’s post-IPO lock-in period. According to exchange data, Actis Pine Labs Investment Holdings offloaded 9.83 million shares at a price … Read more

Meta Reportedly Explores Investment in Fintech Unicorn CRED at $4 Billion Valuation

Meta

US technology giant Meta is reportedly in discussions to invest in Indian fintech company CRED, a move that could significantly strengthen its position in India’s rapidly expanding digital payments and financial services ecosystem. According to reports, the discussions involve a potential transaction that could value Bengaluru-based CRED at approximately $4 billion (over ₹37,000 crore). While … Read more

Scapia raises $63 million in round led by General Catalyst

Harper

India-based travel fintech startup Scapia has raised US$63 million in a fresh funding round led by General Catalyst, as competition intensifies in India’s rapidly growing travel and digital payments ecosystem. Existing investors Peak XV Partners and Z47 also participated in the funding round. Funding to Support Expansion Across Travel and Financial Services The company said … Read more

Cashfree Payments Appoints Former Visa India Finance Head Sameer Gandhi as CFO

Sameer Gandhi Cashfree Payments

India, April 13, 2026 – Cashfree Payments, a frontrunner in the AI-native payment solutions space, has officially announced the appointment of Sameer Gandhi as its new Chief Financial Officer (CFO). This strategic leadership hire comes as the fintech major looks to accelerate its growth trajectory, enhance operational efficiency, and cement its path toward long-term profitability. … Read more

Juspay is 2026’s first unicorn

Juspay Founder

Juspay, a leading payments infrastructure company, has raised $50 million in a Series D follow-on funding round led by WestBridge Capital, pushing its valuation to $1.2 billion. The round includes a mix of primary and secondary investments, offering liquidity to early investors and employees holding ESOPs. This marks the second liquidity event for Juspay in … Read more

Cashfree Payments Announces ESOP Buyback Covering Over 400 Employees

Cashfree Payments

Bengaluru | January 2026: In a move to recognize and reward employee contribution, Cashfree Payments has launched an Employee Stock Option (ESOP) buyback program, benefitting more than 400 current and former employees, according to a report by The Hindu Business Line. The initiative, announced as the company celebrates a decade of operations, includes 175 former … Read more