The move aligns with BharatPe’s IPO ambitions by FY27. Earlier this year, Negi noted the company targets full-year EBITDA profitability in FY25, with IPO plans in the following 18–24 months.
Through this partnership, MakeMyTrip will use its “Live Train Status” tool to track trains in real time. Passengers can place food orders on the app by entering their PNR and choosing a delivery station.
On March 5, 2025, Prabhu sent a confession email to Gameskraft’s management, admitting he had misused company funds. He said he acted alone and that no other employees were involved.
The RBI (Regulation of Payment Aggregators) Directions, 2025 provide a single framework for companies handling digital payments and come into effect immediately.
Pine Labs will use the funds from the fresh issue to repay some borrowings, upgrade IT and cloud assets, expand its cloud infrastructure, and strengthen its global presence by investing in subsidiaries in Singapore, Malaysia, and the UAE.