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Amazon Nears Acquisition of Fintech Platform Axio

Amazon is in advanced talks to acquire online lending platform Axio for $150-175 million. This marks Amazon’s second acquisition in India this year, following the purchase of MX Player’s assets. The deal aims to enhance Amazon Pay’s BNPL services, with Axio currently powering over 80% of Amazon’s BNPL volume.

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September 21, 2024

ELIVAAS Raises $5 Million in Series A Funding to Boost Vacation Rental Platform

ELIVAAS, a Gurugram-based vacation home rental platform, has successfully raised $5 million in its Series A funding round.
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September 21, 2024

OYO to Acquire G6 Hospitality for $525 Million in All-Cash Deal

OYO, the Indian-based hospitality giant, has announced a significant move to acquire G6 Hospitality, the company behind the
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September 20, 2024

Infibeam Avenues Set to Launch RediffPay, Joining UPI Market

Infibeam Avenues Limited is set to launch a new payment app, RediffPay, which will place the company in
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