Merchant SaaS platform Mintoak has raised INR 71 crore (approximately USD 8.2 million) in a secondary funding round led by Z3Partners. The investment sees Z3Partners acquiring a minority stake ...

On the merchants lending side, PhonePe is reportedly disbursing INR 300 Cr worth of merchant loans every month, with annual disbursals now close to INR 4,000 Cr, for a total merchant base of 40 Mn.

This strategic partnership, valued at approximately INR 500 crore in revenue and INR ... digital payments provider BankIT, expanding its merchant network to over 180,000 touchpoints.