Skydo
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Cashify launches first 'Select' refurbished electronics store in Bengaluru, scaling 250+ store network across 95 cities
Cashify opens its inaugural 'Select' format store in Bengaluru, a dedicated refurbished electronics retail concept. The launch builds on its existing 250+ store footprint across 95 Indian cities, signaling a push into branded organized retail for the resale category. Same roundup notes Snabbit entering salon-at-home and Scapia raising $63M.
YourStory · 5/21/2026, 11:27:23 AM
Skydo bags in-principle nod for cross-border PSP licence at GIFT City IFSC
Skydo is among the first to receive in-principle approval as a cross-border Payment Service Provider at GIFT City. The licence unlocks multi-currency collections, e-money accounts and merchant acquisition for Indian MSMEs, exporters and freelancers, layered on top of its existing RBI PA-CB outward flow clearance.
Times of India · Business · 5/20/2026, 12:40:10 PM
Skydo bags GIFT City PSP nod and RBI outward payments licence under PA-CB framework
Cross-border payments fintech Skydo has secured an in-principle PSP licence from GIFT City IFSC and RBI approval for outward remittances under the PA-CB framework. The dual clearance lets Indian businesses both collect from and pay overseas vendors on one compliant rail, deepening Skydo's reach across 40,000 businesses in 50 cities and 150 countries.
Entrackr · 5/20/2026, 10:05:47 AM