Razorpay’s UPI Verse, India’s EV Dreams Hit A Wall & More

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Cha-Ching! Razorpay Expands Its Fintech Verse

Stepping beyond its core B2B focus and entering the consumer space, Razorpay has now stepped into the UPI realm by acquiring a majority stake in digital payments startup POP for $30 Mn. 

POP allows users to make UPI payments and earn POPCoins in return. These coins can then be redeemed to make purchases on its integrated marketplace and other D2C platforms. 

What’s In It For Razorpay? The deal will enable Razorpay to diversify its product mix and create alternate streams of revenue. Then, there…



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Razorpay’s UPI Verse, India’s EV Dreams Hit A Wall & More


Cha-Ching! Razorpay Expands Its Fintech Verse

Stepping beyond its core B2B focus and entering the consumer space, Razorpay has now stepped into the UPI realm by acquiring a majority stake in digital payments startup POP for $30 Mn. 

POP allows users to make UPI payments and earn POPCoins in return. These coins can then be redeemed to make purchases on its integrated marketplace and other D2C platforms. 

What’s In It For Razorpay? The deal will enable Razorpay to diversify its product mix and create alternate streams of revenue. Then, there…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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