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Cashfree launches Easy Split to automate commission payouts for online marketplaces & businesses

Easy Split helps splitting incoming customer payments to multiple vendors/sellers, or bank accounts  Easy Split supports online marketplaces and fintech services navigate payments effortlessly by automating collections, adding and verifying vendors,specifying commision structures, scheduling payouts and managing refunds  BANGALORE, India, June 15, 2021 /PRNewswire/ — Cashfree, India’s leading payments and banking technology company, today announced the launch of Easy Split, an integrated marketplace payment management solution to automate commission payouts for online marketplaces and businesses. Easy Split helps splitting incoming customer payments to multiple vendors/sellers, or bank accounts with the help of a powerful API integration. It supports online marketplaces and fintech services navigate payments effortlessly by automating collections, adding and verifying vendors, splitting vendor payments by specifying commision structures, scheduling payouts and managing refunds for a seamless experience. 
Commenting on the launch, Akash Sinha, Co-Founder, and CEO of Cashfree, said, “It has always been a challenge for online marketplaces to manage vendor payments in tandem with customer collections. Recently, there has been an influx of online businesses and marketplace aggregators, further accentuating the need for an efficient payments framework. With the launch of Easy Split, we are deepening our focus on innovation and experiences, building a payments core to streamline the complexities around digital transactions. We are not only offering the fastest and easiest way to initiate collections and payouts, but also the added layer of transparency and control over fund movement and vendor management.”
The ecommerce industry had a drastic growth with the influx of online marketplaces, a form of multi-brand e-outlets. The major challenge for these online marketplaces is the manual work of onboarding and verifying vendors, splitting the payment with different vendors according to the correct commission structure, settling the amount to the sellers/vendors, and handling refunds for payments that have already been split. Most of the online marketplaces handle these processes manually involving a lot of resources and time being spent on redundant bookkeeping. This calls for a more powerful payment ecosystem that understands the entire payment flow. Easy Split, as a platform, can help businesses integrate their own payment collection solution and automate splitting of payments to their sellers or service providers. Cashfree expects over 1,000 marketplaces to have access to this feature by the end of 2021. 
Apart from marketplace aggregators and fintech services, Easy Split can be used to automate the complex payment processes for a wide range of businesses, like:
Edtech platformsOnline edtech platforms that offer courses with different professors/instructors can use Easy Split to collect payments from students and split it with the instructors after deducting a commission.
On-demand servicesServices like cab booking, flight booking, food delivery etc. can now take bookings and automate the splitting of incoming customer payments to the respective service providers with the help of Easy Split.
Multi-branch outletsBusinesses that centrally manage payment collections for all their branches, like an online beauty product store or a pizza delivery store, can now make use of Easy Split to collect payment via website from all customers and route the incoming payments to their individual stores.
Currently ranked among the leading payment service providers in India, Cashfree processes transactions worth USD 20 billion annually. Apart from India, Cashfree’s products are used in eight other countries including the USA, Canada and the UAE. 
Incubated by payments pioneer PayPal, Cashfree is backed by Apis Partners, State Bank of India (SBI), Smilegate and Y Combinator. Cashfree is used by businesses like Zomato, Cred, Nykaa, Delhivery, Acko, Shell among others for various business payment needs like ecommerce payment collection, vendor payments, marketplace settlements etc. 
About Cashfree:
Cashfree is a leading payments and API banking solutions company. It provides full-stack payments solutions enabling businesses in India to collect payments and make payouts via all available methods with a simple integration. Cashfree’s offerings include an advanced and easy way to integrate payment gateway, a split payment solution for marketplaces, bank account verification API and Auto Collect — a virtual account solution to match inbound payments to customers. Founded by IIIT Hyderabad alumnus Akash Sinha and IIT Kharagpur graduate Reeju Datta,www.cashfree.com is  among the  leading  payment service providers in India processing transactions worth USD 20 Billion annually. It has leveraged technology to lead payment disbursals in India with more than 50% market share among payment processors. Cashfree enables more than 1,00,000 businesses with payment collections, vendor payouts, wage payouts, bulk refunds, expense reimbursements, loyalty and rewards. Apart from India, Cashfree’s products are used in eight other countries including USA, Canada and UAE. Cashfree is backed by Silicon Valley investor Y Combinator, Apis Partners, State Bank of India (SBI) and was incubated by PayPal.
Logo: https://mma.prnewswire.com/media/1387178/Cashfree_Logo.jpg

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India Emerging as Stable Investment Anchor in Turbulent Global Economy, Say Investors at IGF Mumbai 2026

Capital allocators at IGF Mumbai 2026 assess India’s role as conflict in West Asia reshapes global markets.MUMBAI, India, March 12, 2026 /PRNewswire/ — As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India’s position in an increasingly fragmented global economy.

The third edition of India Global Forum’s flagship Mumbai gathering brought together authoritative voices from private equity, venture capital, public markets and policy to examine how shifting geopolitics, supply-chain disruptions and tightening financial conditions are reshaping global capital flows – and where India fits within this evolving landscape.Despite global uncertainty, investors at the forum expressed strong confidence in India’s structural growth story.Speaking at the forum, Howard Morgan, Chairman of B Capital, said the current moment reflected more than just rising foreign investment.”What makes this moment different is not just the amount of foreign capital – it is the spirit and confidence within India itself.”Morgan added that global investors increasingly see India evolving beyond its traditional role as a services hub.”There’s a strong belief that India can become a global technology player, not just a services provider or a support hub for the rest of the world. India can produce goods and services for global markets, and for its own domestic market, which is now larger than China’s.”Reflecting on India’s position in a rapidly changing global landscape, Manoj Ladwa, Chairman of India Global Forum, said the country’s strategic balance is becoming increasingly important as global capital recalibrates.”In this evolving global landscape, India occupies a uniquely powerful position. Large enough to matter, open enough to integrate, and independent enough to make sovereign choices. India can expand trade while strengthening resilience, attract global capital while building domestic capability, and partner widely without becoming narrowly dependent. That balance will define the next phase of India.”Several speakers highlighted the growing importance of domestic capital in strengthening India’s financial resilience.Sunjay Sudhir, former Indian Ambassador to the UAE, offered a sobering assessment of the regional conflict that framed the day’s discussions.”The geopolitics of the Middle East are changing rapidly, and history is being written in real time. What we are witnessing now is unprecedented in this part of the world. The region has always been volatile, but few imagined that tensions could escalate to this extent.”Amit Chandra, Chairperson of Bain Capital Private Equity, pointed to the scale of local investment capacity.”Domestic capital is becoming one of India’s biggest strengths. Indian investors are increasingly deploying capital through equities and SIPs, while the country also holds vast untapped wealth in assets like gold.”Market participants also noted the rising maturity of India’s financial ecosystem and the expanding role of domestic investors in supporting market stability.Radhika Gupta, Managing Director & CEO of Edelweiss Mutual Fund, said increasing participation in mutual funds reflects changing investor behaviour.”February 2026 numbers for the mutual fund industry were actually 10% higher than January 2026 numbers. I think that reflects rising consumer maturity.”Similarly, Manisha Girotra, CEO of Moelis, highlighted how domestic investors are increasingly competing with global capital in major transactions.”One of the most encouraging trends is the rise of domestic capital. Indian strategic players are now competing with global investors to acquire assets. That rarely happened earlier.”Karthik Reddy, Co-founder and Managing Partner of Blume Ventures, highlighted India’s continued ability to sustain public listings as a meaningful differentiator, noting that despite periodic foreign outflows from Indian equities, global investors continue to allocate meaningfully to Indian primary markets, particularly IPOs.Vani Kola, Managing Director of Kalaari Capital, offered the long view: “In the last 40 years that I have been professionally engaged in the world of startups, conflict cycles come and go. They don’t matter if you take a long-term perspective.”Against a backdrop of geopolitical uncertainty and shifting capital flows, the conversations at IGF Mumbai 2026 underscored a growing consensus among global investors: India’s economic scale, domestic capital strength and institutional resilience are positioning the country as a defining force in the next phase of the global capital order. For investors navigating an uncertain world, India is increasingly becoming a market of stability rather than speculation.About India Global ForumIndia Global Forum tells the story of contemporary India. The pace of change and growth India has set itself is an opportunity for the world. IGF is the gateway for businesses and nations to help seize that opportunity.For more information, visit: www.indiaglobalforum.com Twitter: @IGFUpdates | @manojladwaLinkedIn: India Global ForumPhoto: https://mma.prnewswire.com/media/2932542/Manoj_Ladwa_Howard_Morgan_IGF.jpgLogo: https://mma.prnewswire.com/media/2566069/IGF_Logo.jpg 

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Reliance Digital Introduces High-Performance iQOO 15R to its Nationwide Store Network

MUMBAI, India, March 11, 2026 /PRNewswire/ — Reliance Digital announces the offline retail availability of iQOO, the high-performance smartphone brand built for today’s youth and tech-forward consumers. Following strong traction in online channels, iQOO is now extending its presence into physical retail, allowing customers to experience and purchase its devices first-hand at Reliance Digital stores across India.

Known for pushing the boundaries of speed, and power, the iQOO 15R is powered by the Snapdragon 8 Gen 5, delivering exceptional speed, responsiveness, and sustained performance throughout the day. It packs iQOO’s biggest battery yet in an ultra-slim 7.90mm design, making it India’s slimmest smartphone with a 7600 mAh battery.The device features a 6.5K IceCore VC Cooling Chamber for stable performance and runs on OriginOS 6.0 based on Android 16 out of the box, supported by 4 years of software updates and 6 years of security updates. It is also equipped with a Sony LYT-700V OIS camera, a 1.5K 144Hz AMOLED EyeCare display, and IP68 & IP69 dust and water resistance, making it a dependable daily partner for professionals on the go.The brand’s offline expansion marks an important step in deepening consumer engagement by offering hands-on access to its devices, enabling customers to explore iQOO’s powerful performance, advanced display technology, and flagship-grade camera capabilities in a real-world retail environment.The availability of iQOO at Reliance Digital brings together two brands driven by innovation and consumer experience. While iQOO continues to build its reputation as a performance-led smartphone brand, Reliance Digital strengthens its portfolio by offering customers access to cutting-edge technology brands through its extensive nationwide retail network.Through engaging in-store experiences, knowledgeable staff, and immersive product demonstrations, Reliance Digital aims to help consumers better understand iQOO’s performance-first DNA. This move further reinforces Reliance Digital’s commitment to staying ahead of evolving consumer preferences and serving as a preferred destination for discovering new-age technology.With this expansion, Reliance Digital continues to play a key role in shaping India’s consumer electronics landscape by bringing future-ready brands closer to customers, while enabling smartphone brands like iQOO to build stronger connections with a growing, performance-driven audience.The all new iQOO 15R is now available at Reliance Digital stores nationwide.Photo: https://mma.prnewswire.com/media/2931475/iQOO_15R.jpg 

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Power Creator Awards – Women’s Edition by Times Entertainment, Lights Up Mumbai, Celebrating Digital Trailblazers on International Women’s Day

MUMBAI, India, March 11, 2026 /PRNewswire/ — In a dazzling celebration of creativity, influence, and impact, Times Entertainment successfully hosted the Power Creator Awards – Women’s Edition on March 9th at The Lalit, Mumbai. Marking International Women’s Day, the gala honored the extraordinary women who are not just creating content but are building communities and driving meaningful change across India’s digital landscape.

The evening brought together the biggest names from the world of entertainment and digital media. The ceremony was graced by high-profile personalities including Hina Khan, Kusha Kapila, Sanjana Sanghi, Sona Mohapatra, Sonnalli Seygall, and Sumukhi Suresh, who stood as a testament to the growing synergy between traditional stardom and digital influence.A Distinguished JuryThe ‘Jury Choice’ winners were selected after a rigorous deliberation process by an esteemed panel of industry veterans. The jury featured:Divya Dutta (National Award-winning Actor & Author)Rasika Dugal (Versatile Actor known for Mirzapur & Delhi Crime)Shweta Tripathi Sharma (Acclaimed Actor and digital pioneer)Anup Soni (Renowned Actor and Anchor)”To witness so many creators through the jury process was a reminder that creation is a reflection of who we are,” said Shweta Tripathi Sharma. Rasika Dugal added, “I was particularly moved by the ‘Breaking the Bias’ category; the courage and honesty of these women is truly inspiring.”Celebrating the WinnersThe awards followed a dual-winner format—Jury Choice and Popular Choice (voted for by millions of fans nationwide)—covering over 20 diverse categories.CategoryWinner (Jury/Popular Choice Highlights)Power Comedy CreatorSrishti Dixit / Aanchal AgrawalPower Fashion & StyleRachel D’cruz / Jhanvi BhatiaPower Breaking BiasMira Erda / Saniya Mistri KaiyumuddinPower Music CreatorSantvani Trivedi / Melissa SrivastavaPower Food CreatorNatasha Gandhi / Kriti BhoutikaPower Fitness IconNeha Singh / Vibha MahajanPower Podcaster CreatorAleena Qureshi/ Srishti Ganguli and Salonie PatelCheck out the full winners list here – https://timesofindia.indiatimes.com/women/voices-of-power/times-entertainments-power-creator-awards-womens-edition-complete-winners-list-palak-muchhal-ira-khan-and-more-honored/articleshow/129344078.cmsPhoto: https://mma.prnewswire.com/media/2931390/Power_Creator_Awards.jpg 

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