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    • BNPL startup Simpl lays off 100 employees after RBI's crackdown on payments operation

      The drastic restructuring comes at a time when Simpl is grappling with regulatory headwinds. The company had around 220 employees on role and will now retain around 50-60 for payment collections.

    • RBI orders fintech Simpl to halt payment operations

      The move comes after the Enforcement Directorate (ED) in July filed a case under the Foreign Exchange Management Act (FEMA), 1999, against Simpl and its founder-director, Nithya Nand Sharma, for alleged foreign exchange violations worth Rs 913.75 crore.

    • ED files Rs 913-crore FEMA violation case against fintech Simpl

      The company received foreign investment for technology-related products and services but used it for financial services without the approval of the government or the regulator, the ED has alleged

    • BNPL startup Simpl hit by second round of layoffs, cuts 50 more jobs

      The move comes less than a month after the Bengaluru-based fintech firm let go of about 160 employees, primarily in high-paying roles like engineering and product. While confirming the development, the company clarified that it is not 50 but 30 employees who are subject to the layoff.

    • BNPL startup Simpl lays off around 160 employees as part of cost-cutting measures

      The layoffs, which sources said are aimed at becoming profitable by FY25, have most severely impacted Simpl's D2C checkout vertical

    • TPEM and Shell join hands to deploy EV charging stations across India

      The partnership will leverage Shell’s widespread fuel station network and TPEM’s insights from over 1.4 lakh Tata EVs on Indian roads to set up chargers at locations frequently visited by Tata EV owners

    • Exclusive | Simpl eyes partnerships with banks, NBFCs

    • RBI’s digital lending rules cover the same ground, long way to go

    • Why SALT app was built: Every woman, earning or not, has money flowing through her life

    • Simpl raises $40 million in Series B; co-founder clears air on lawsuit

    • With 10x growth for BNPL products during sales, fintechs gear up for a bumper festive season

    • ‘Buy Now, Pay Later’ is painful reminder of notorious NINJA mortgages

    • Online payments startup Simpl to focus on offline merchants this year

    • New-age lending: Three startups you should keep an eye out for

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