ItzCash to strengthen hold in expense management, backs fintech startup Finly

For-THB-Story-TC_ThinkstockPhotos-520095558Mumbai-based digital payments company ItzCash Card Ltd has made an undisclosed equity investment in Bangalore-based expense management firm Finly. ItzCash will use the funds to strengthen its play in the expense management vertical, which is estimated to be a $25 billion opportunity for corporates in India, the company said in a statement. Founded by Veekshith […]

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Essel group ventures into online food delivery, launches Gorb in Mumbai

GorbEssel Group’s Living Entertainment Enterprises Pvt. Ltd has launched an online food delivery service called Gorb. The platform for both web and mobile (Android and iOS) is currently live in Mumbai, except Navi Mumbai and Thane, Medinama reported. Gorb has a ‘daily menu’ cooked by home chefs and curated by in-house experts. The chefs will […]

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Exclusive: ItzCash in talks with several fintech mobile companies for potential investment

ItzCash_MDMumbai-based digital payments facilitator ItzCash is in talks with several mobile application firms for making a strategic investment, said a top company executive. The company, which would turn profitable in FY2016-17, is looking for firms specialising in fintech mobile applications which can be scaled with further investments. It is open to explore options including acquisition, […]

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