India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined in their operational losses amid ..
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture capital funding, reined in their ..
Razorpay, Cashfree, PayGlocal, and new entrants rush for RBI s PA-CB licence to tap into lucrative B2B cross-border payments market. Fintechs eye big share of $250B SME exports, focusing on high margins and expanding services.
“We are at least two years from an IPO. Before that we want other parts of our business to break even and be profitable on all fronts. Our (online) payments business is break-even,” said cofounder & chief executive Harshil Mathur.