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This could add a new wave in Fintech๐ฐ space.โฌ๏ธ A Mumbai-based startup ๐ Mintoak๐ฐ has made $3.5 million๐ต deal through e-rupee. This startUp ๐ก is backed by PayPal and HDFC Bank. Mintoak was founded by Raman Khanduja, Kabeer Jain, Rama Tadepalli, Rohit Ramana and Sanjay Nazareth and Raman Khanduja is the CEO. โก๏ธ Google Pay, PhonePe, as well as Amazon Pay are also seeking to join the pilot, ๐ โก๏ธ Mintoak is a merchant payment services provider, which specialises in Central Bank Digital Currency (CBDC) and bill payments services, making it India's first e-rupee related deal. โก๏ธ This is the first acquisition in the nascent CBDC space. This is actually huge because by adding Digiledge's bill payments and CBDC capabilities, it will be easier for merchant acquirers to grow and help more small and medium enterprises access digital tools and financial services. ๐ฅ โก๏ธThe founders of Mintoak said that the deal will enable its partners like HDFC Bank, Axis Bank and SBI to offer more comprehensive CBDC-related payment services for their clients.
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Breaking Startup News: India's Innovation Boom Continues! ๐ 1๏ธโฃ Mintoak Leads Indiaโs Digital Currency Revolution! ๐ฐ In a game-changing move, fintech startup Mintoak, backed by PayPal & HDFC Bank, has acquired Digiledge for $3.5 millionโmarking I
See MoreGareeb Investorย โขย 8m
๐ฆ The Story of HDFC Bank ๐ Founded by Hasmukhbhai Parekh in 1977, HDFC Bank started as a housing finance company and grew into a leading private-sector bank. Under the leadership of Aditya Puri, who joined in 1994, the bank expanded into retail and
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Participate if you already owns an startup and should be registered HDFC Capital has launched the 3rd edition of its flagship startup awards program - the HDFC Tech Innovators, on 23rd August 2024. Supported by HDFC Bank and its group companies inc
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This is about the HDB Financial Services IPO, which is HDFC Bankโs NBFC arm. The โน12,500 crore IPO opens June 25โ27, 2025, with shares priced between โน700โ740 each, and itโs Indiaโs biggest NBFC IPO ever. HDFC Bank will reduce its stake from 94% to 7
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