India's fintech ecosystem — payments, digital lending, insurtech, and banking tech.
As it grows its global competence centre in India, European fintech company Revolut aims to employ over 40% of its worldwide staff in the country by the year 2026. With 1,600 positions filled in its India centre through 2026, the company's workforce in the nation will reach
Backed by India Quotient, the SEBI-RIA licensed platform is building a personal CFO app, powered by a purpose-trained AI layer for smart financial decisions and growing wealth.
Just weeks after laying off over 4,000 workers, the Jack Dorsey–led Block has rehired a handful. The company's recent layoffs may indicate a need for rebalancing its operations. A large number of employees were laid off when the fintech company announced massive layoffs last month. Nevertheless,
Block, a global payments business, has laid off dozens of people in the marketing and communications departments in Australia. The step is taken as part of a larger reorganisation that will result in the elimination of about 4,000 jobs globally. Industry estimates place the number of local full-time positions
The PhonePe 'RuPay On-The-Go' Card, a National Common Mobility Card (NCMC), has been introduced by PhonePe. With this introduction, India is taking another step towards its goal of digitising transit payments nationwide, as outlined in its 'One Nation One Card' vision. The 'On-The-Go' card
Asish Mohapatra has emerged as one of the most influential founders in India’s B2B commerce and fintech ecosystem. As the Co-Founder and CEO of OfBusiness and Co-Founder of Oxyzo, Mohapatra has helped build a powerful platform that combines raw material sourcing, supply chain solutions and embedded financing for SMEs.
For the average cricket enthusiast, Virat Kohli will be remembered for performing cover drives, running to win crunch matches, and being consistent on the cricket ground. But beyond the cricket field, Kohli has quietly built a powerful business empire that earns him hundreds of crores every year. Kohli is now
When we think about the startup world, we immediately jump to eCommerce, technology, and fintech. But Kanika, a young woman from Bhopal, jumped into a space that is meant for billionaires, giant corporations, or government organisations, the aviation industry. She proved that with innovation and courage, you can redefine the
The Bharat Interface for Money (BHIM) of NPCI outpaced FamApp and Kunal Shah-led CRED in terms of UPI transaction volume in January. It processed 17.2 Cr transactions totalling INR 22,025.9 Cr over the specified month. Additionally, the app's market share rose from 0.7% in
In today’s digital economy, financial fraud is a growing risk for businesses of all sizes. Fraud monitoring tools help detect, prevent, and respond to suspicious activities in real time. These platforms protect transactions, customer data, and company revenue while supporting regulatory compliance. For startups, fintech companies, e-commerce platforms, and
Exponent Energy, a Bengaluru-based energy-tech company, announced a 360-degree fintech and asset management business venture, Exponent One, aimed at addressing a key barrier to scaling commercial EV adoption: access to viable financing. Financing and mobility veteran Sandeep Divakaran will helm the new venture as Co-founder and CEO. Exponent Energy has
Business identity theft is no longer limited to individual fraud. Companies now face risks such as account takeovers, fake supplier profiles, payroll fraud, synthetic identities, and large-scale data breaches. This is why business identity theft protection tools have become essential for modern organisations. These platforms help companies protect digital identities,
Nila Spaces Limited, one of Gujarat’s most trusted and design-led real estate developers, has announced a strategic investment of ₹6 crores to acquire an approximately 1.40% minority stake in Alt DRX, a fintech start-up at the forefront of asset and real estate tokenization in India. The investment signals
To combat the country's dismal sales performance, electric vehicle (EV) giant Tesla India announced a number of new efforts, including an EMI programme, on February 3. Electric vehicles are replacing petrol and diesel vehicles, and Tesla is giving a 3 lakh Indian rupee (INR) exchange bonus to clients
Indian fintech company One MobiKwik Systems has posted a notable turnaround in its financial performance for the third quarter of the 2025-26 financial year (Q3 FY26). After years of losses, the digital payments platform recorded a net profit of ₹4.05 crore, driven by increased revenue and tighter cost management.
A high-profile US legal case has emerged this week involving a young fintech founder once celebrated as a rising star in the tech world. Gökçe Güven, a 26-year-old Turkish entrepreneur and former Forbes 30 Under 30 honouree, has been charged by US federal prosecutors with multiple counts of fraud, including
StartupTalky presents Recap'25, a series of exclusive interviews where we connect with founders and industry leaders to reflect on their journey in 2025 and discuss their vision for the future. In this edition of Recap’25, StartupTalky speaks with S. Anand, Founder & CEO of PaySprint, who reflects
India’s popular digital payments system, the Unified Payments Interface (UPI), is set to launch in Japan. This marks a significant step in the platform’s global expansion, aimed at helping Indian tourists pay conveniently using the same mobile apps they use at home. UPI allows instant money transfers and
In India today, data is regulated, audited, questioned, and sometimes even weaponized. It's no longer something you simply back up and forget. Whether you're a fintech founder handling transaction logs, a hospital CIO storing patient histories, or a media CTO managing terabytes of raw footage, your
The Reserve Bank of India granted the Payment Aggregator-Physical (PA-P) licence to Razorpay POS, the company's offline payment division. Razorpay POS can now function as an offline payment aggregator for in-store transactions thanks to this licence. The fintech stated that it now possesses three significant RBI licences, which
* The ESOP buyback comes at a time when Cashfree has moved into a new 80,000 sq ft headquarters at Ecoworld, Bangalore, underscoring its next phase of growth Marking a decade of innovation in India’s digital payments ecosystem, India’s leading payments company, Cashfree Payments, announced the implementation of
The Cupertino-based tech giant's digital payment tool, Apple Pay, is getting ready to debut in India this year. By the end of 2026, the service—which is currently offered in 89 markets worldwide—is anticipated to enter India. A number of governmental licences are still required for the
* India’s FinTech sector raised a total of $2.4B in 2025, ranking 3rd globally after the US and the UK * The ecosystem witnessed 4 $100M+ funding rounds, led by Groww, Weaver, and Raise * Early-stage funding stood at $1.2B in 2025, up 78% from $667M in 2024 * The year
Company Sector Headquarters Amount Funding Round Type Lead Investors Infra.Market Real Estate Tech Thane $83 Mn Series G - EvoluteIQ Enterprise Tech Bengaluru $53 Mn – Baird Capital FinBox Fintech Bengaluru $40 Mn Series B WestBridge Capital Blue Energy Motors Clean Tech Pune $30 Mn - Nikhil Kamath, Omnitex Industries
According to a stock exchange filing, One97 Communications Ltd., the parent company of the fintech business Paytm, is bringing in an investor for its United Arab Emirates (UAE) payments arm and growing its global presence with new subsidiaries in Indonesia and Luxembourg. Two step-down fully owned subsidiaries in Indonesia and
Corporate circles and corporate India are buzzing about the IMF's accreditation of the Unified Payments Interface, or UPI, as the largest real-time payment system in the world with 129.3 billion transactions. Key online payment platforms have praised the recognition and emphasised the close cooperation between the banking
The Indian startup ecosystem recorded a dynamic day of early-stage activity on 8th December 2025, with fresh capital flowing into fintech, D2C beauty, med-tech, and the fast-growing Korean QSR segment. Frex, Conscious Chemist, Lumov, and Koriken led the fundraising highlights, securing strategic investments to strengthen product innovation, expand operations, and
Frex, a global peer to peer payments platform built to simplify international money transfers for immigrants, has raised INR 9.5 crore in a pre-seed funding round jointly led by Zeropearl VC and White Venture Capital. The round also saw participation from a strong group of strategic angels including Abhiraj
In 2025, Indian businesses are experiencing unprecedented growth in cross-border transactions, driven by rapid digital adoption and expanding global market opportunities. India recorded $135.46 billion in remittance inflows in FY 2025—the highest in the world—while outward payment flows surged by 17% year-on-year, cementing the country's
India’s startup ecosystem continued to stay active on 27th November 2025, with multiple early-stage and growth-stage companies securing fresh capital across consumer, fintech, mobility, and deep-tech categories. Alongside funding, key corporate developments, acquisitions, and regulatory actions shaped the business ecosystem, offering a clear view of how founders, investors, and
The 24th November 2025 edition captures a dynamic day across India’s startup and corporate landscape. From major funding boosts in wealth-tech, beauty, and fintech to significant business developments in the renewable energy and consumer electronics sectors, today’s roundup highlights a strong mix of growth, strategic divestments, and performance
This article has been contributed by Mohar V, Co-founder and CEO, TECHVED If you’ve ever tried sending or receiving money overseas in the early 2000s, you’ll remember the struggle — long queues at the bank, tedious paperwork, and the nerve-wracking wait for funds to clear. Cross-border transactions were a
This article has been contributed by Jvalin Sethi, Co-Founder & Director, Tiger FinTech India’s payments stack has made the act of spending almost invisible. The new contest is for value clarity. In 2025, Indian cardholders are not swayed by theatrics or teaser vouchers so much as by whether a
Apple has expanded its AppleCare+ insurance policies in India and added a new option that covers iPhone loss and theft. Indian customers are now getting such extensive protection directly from Apple for the first time. The company's provision of monthly and annual payment options has made the plans
Stay updated with the latest movements in India’s startup and business ecosystem. The 18th November 2025 roundup features major funding developments across fintech, aerospace, AI, and healthcare — including Yubi Group’s INR 411 crore raise and new seed rounds for Axirium Aerospace, Circle, and Pype AI. Additionally, Reliance Consumer
An Australian financial platform, MyGigsters, has declared its official debut in India. The company, which has its headquarters in Melbourne, offers integrated financial infrastructure designed specifically for gig platforms and markets. Operators can easily enrol, verify, pay, reward, and safeguard their independent workers with the platform, which helps them grow
This article has been contributed by Mr. Kalyan Sivalenka, Managing Partner at Hyderabad Angel Fund (HAF) When people talk about Indian startups, they refer mostly to fintech, edtech, or SaaS. Still, there is one silent revolution that is turning heads across the world: gaming, generative AI, and Spacetech are slowly
This article has been contributed by Richika Dadheech, Founder & Managing Director, FiatPe In less than a decade, India’s payments landscape has transformed at a scale few nations can match. Since its launch by the National Payments Corporation of India (NPCI) in 2016, the Unified Payments Interface (UPI) has
ACS Energy has raised ₹1.1 Crore in pre-seed round led by Inflection Point Ventures. ACS Energy Systems is transforming India’s EV world. Having introduced universally compatible chargers for two, three and four wheelers, they’ve now rolled out smart AC chargers and the ACS pay platform, making them
This article has been contributrd by Devarsh Saraf, Founder & CEO, Bombay Founders’ Club India’s financial system is no longer defined by where money is stored, but by how it moves. Banks bring the guardrails through regulated capital, settlement infrastructure and risk governance, while fintechs drive user journeys, distribution
What happens when a man who once claimed he “never planned to join a startup” ends up leading one of India’s biggest fintech powerhouses? Enter Amrish Rau, the quiet disruptor of Pine Labs' meteoric rise. He’s not your typical Silicon Valley hustler or a CEO who loves
In a $10 billion agreement, Pfizer Inc. has agreed to buy Metsera Inc., a weight-loss medication firm. This purchase comes after a heated bidding war with Novo Nordisk A/S, a rival pharmaceutical business. According to Bloomberg, this disclosure places Pfizer in a strong position to win the startup'
Because India doesn’t need another finance app, it requires a way to see its worth truly. FOLO brings order, clarity, and connection to how Indians experience money.
Founded by Rahul Anand and Sonia Asher 9 years ago, Paramotor has emerged as one of the most compelling stories in India’s fintech landscape, a company that has scaled profitably, stayed debt-free, and evolved with precision. What began in 2016 as a POS payments service provider has transformed into
According to persons familiar with the situation, eyewear giant Lenskart is preparing to introduce its first pair of AI-powered smart glasses by the end of December, establishing itself as a technology-led lifestyle brand. Called "B by Lenskart Smartglasses" internally, the future gadget is anticipated to incorporate UPI payment
India’s startup ecosystem witnessed another dynamic day filled with major funding announcements, tech partnerships, and strategic rebrands. From mobility and fintech to biotech and AI, several startups secured significant capital to scale innovation and expand market reach. On the technology front, Google’s collaboration with Reliance Jio aims to
Zoho will soon launch its payment app, similar to Google Pay, Phone Pay, and Paytm. The company is also working on apps that take care of billing, payroll and...
This article has been contributed by Mr Rohit Pateria, CEO & Co-founder Lark Finserv India’s credit ecosystem is undergoing a seismic shift ,technology, data intelligence, and open banking are dismantling traditional barriers to financing. As digital lending matures from convenience to infrastructure, Lark Finserv stands at the forefront, enabling
This article has been contributed by Mr. Kaushik Chatterjee, Founder & CEO of lendingplate India's financial ecosystem is defined by sharp contrasts. On one hand, we have Unified Payments Interface (UPI) transactions, one of the world’s most progressive financial ecosystems crossing 20 million per month and digital
Meta has rolled out major updates for its Ray-Ban Meta smart glasses in India, with Bollywood star Deepika Padukone now lending her AI-generated voice to the device. The move is part of Meta’s strategy to make its wearable technology more locally relevant and engaging. Deepika Padukone Joins Meta AI
Razorpay posted a 65% revenue rise to INR 3,783 crore in FY25, led by growth across payments, banking, and international operations, while reporting a one-time loss due to restructuring.
This article has been contributed by Sai Krishna Musunuru, Director & CEO of Payinstacard In less than 10 years, the monetary system of India has changed drastically. It went through an extremely fast and turning point change, where it moved from cash-based transactions to one of the most digitally connected
The payments bank is leveraging its digital payments capabilities to serve the nation through infrastructure-linked financial services Jio Payments Bank Limited (JPBL), a digital-first payments bank and a subsidiary of Jio Financial Services Limited (JFSL), has won a contract to implement the FASTag Automatic Number Plate Recognition (ANPR)-based MLFF
Lenskart unveils B Camera Smartglasses with UPI payments, enabling instant QR-based transactions via eyewear. This is a leap forward in India’s wearable tech.
To broaden its fintech products under Zoho Payments, SaaS startup Zoho has introduced its line of point-of-sale (POS) devices, which includes an all-in-one POS device, smart POS device, and static QR with soundbox. Sridhar Vembu, a co-founder of Zoho, made the announcement on X. In order to tackle "real
From 8 October, you can approve your UPI payment with more ease. So, how do you use it, and are there any privacy concerns? Learn more.
TrusTerra, India’s first AI-backed marketplace for used electric vehicles (EVs), today announced raising ₹9 Crore in a Pre-Seed funding round led by Finvolve and India Accelerator, with co-investment from GrowthCap Ventures and participation from strategic angels including Shishir Maheswari (MD, E-Mobility/Eversource Capital), Samrath Jit Singh (Founder, Trontek Batteries)
IIFL Fintech Fund, India’s leading early-stage fintech focused fund, today announced a successful partial exit from its investment in FinBox, a credit infrastructure and embedded finance platform. The fund has delivered an impressive 5x Multiple on Invested Capital (MOIC) on the initial tranche, marking a significant milestone in its
* Hyderabad (82%), Bengaluru (79%), and Pune (79%) lead the top-city rankings, while Visakhapatnam (76%), Nagpur (71%), and Chandigarh (68%) dominate beyond metros. • Ahmedabad (60%), Kolkata (55%), Jamshedpur (54%), Madurai (52%), and Rajkot (48%) show comparatively lower levels of digital adoption, highlighting the diversity in payment behaviours across cities * Everyday categories
New settlement cycles have been announced by the National Payment Corporation of India. Recently, the new UPI (Unified Payments Interface) cycles for both authorised and contested transactions were revealed. For RTGS customers, who previously had to exercise caution when transacting, the revisions are welcome news. Currently, UPI uses RTGS to
PhonePe is gearing up for its biggest move yet, a confidential IPO filing that could raise INR 12,000 crore. With rising revenues, shrinking losses, and 600 million users, is the UPI giant finally ready to shine on the stock market stage?
This article has been contributed by S. Anand, Founder & CEO, PaySprint India’s digital transformation is no longer about flashy apps or isolated innovations, is about the quiet infrastructure that powers them. At the heart of this shift lies the Application Programming Interface (API), the digital handshake that connects
The fintech giant has revived its buy-now-pay-later (BNPL) product, Paytm Postpaid, as a credit line on UPI more than a year after it was put on hold. Paytm Postpaid, which was introduced in collaboration with Suryodaya Small Finance Bank, would allow consumers to obtain immediate short-term credit through the "
The world of startups has always thrived on identifying emerging trends and leveraging them to create innovative business models. In recent years, one trend has quietly reshaped the way both businesses and consumers operate—smart spending and digital frugality. Today’s consumers are more strategic than ever, seeking ways to
The National Payments Corporation of India (NPCI) has increased the per-transaction ceiling to INR 5 lakh in anticipation of the September 15 income tax return (ITR) filing deadline, but only for firms that fit under tax payment-aligned categories. Additionally, NPCI has raised the 24-hour aggregate transaction limit and per-transaction limit
WizCommerce, the AI-native sales and ecommerce platform for wholesale distributors, has raised $8 million in Series A funding. The round was led by Peak XV Partners (formerly Sequoia India), with participation from Blume Ventures, Z47, and Alpha Wave. The funding will fuel WizCommerce’s continued expansion across the U.S.
When it comes to Software as a Service (SaaS) applications, payment processing usually involves either a shopping cart/payment checkout or the management of recurring/subscription payments. Both of these methods present unique challenges and opportunities for the SaaS platform. The right payment gateway can help you securely process payments,
For consumers in India only, OpenAI has launched a new subscription package called ChatGPT Go. This package, which costs INR 399 a month, is one of the most economical options offered by the company and is intended to give more people access to the well-liked ChatGPT services at a lower
Users using UPI might want to monitor any updates to the National Payments Corporation of India's (NPCI) UPI payment regulations. Peer-to-peer (P2P) transactions, one of the most popular UPI features, are reportedly going to be eliminated by the NPCI. Sending a request for money to a UPI account
The National Payments Corporation of India (NPCI)'s worldwide card payment network, RuPay, has established a one-year strategic alliance with BookMyShow, an entertainment company, to introduce the "Live Events Passport". What is the RuPay–BookMyShow Live Events Passport? For RuPay users throughout India, the programme seeks to
India’s digital lending sector is booming. In FY 2024–25, fintech NBFCs disbursed nearly 10.9 crore personal loans, about 74% of all personal loans, worth over INR 1,06,500 crore. Yet, many Indians still find credit hard to obtain. That’s where Viva Money steps in. As
Making billing straightforward and lightning-fast for everyone, AI invoice generators have intelligent automation that handles the generation of invoices with extreme clarity, accuracy, and speed in seconds, thereby removing the need for manual typewriting and math errors. It enables you to complete your business data, customize the brand image, and
The widespread UPI outage on 7 August was attributed by the National Payments Corporation of India (NPCI) to internal technical issue at a "few" partner banks. The payments organisation stated that the problem has been resolved and that the NPCI systems were "functioning perfectly" in a
For many infractions of insurance regulations, insurtech giant Policybazaar was fined INR 5 Cr by the Insurance Regulatory and Development Authority of India (IRDAI). The infractions pertaining to unclear outsourcing contracts with insurers were also listed in the IRDAI order. Lack of Transparency in Outsourcing Deals Raises Red Flags Large
Transactions over the Unified Payments Interface (UPI) increased 5.8% to reach a new all-time high of 19.47 billion in July. Year-over-year (YoY), the number of transactions increased by 35%. The number of transactions decreased to 18.40 billion in June. Transaction Value Rises to INR 25.08 Lakh
Members of the UPI ecosystem must abide by a new set of rules established by NPCI, which include restricting balance inquiry queries and controlling the use of APIs such as Autopay Mandate Execution and Validate Address. To enhance the functionality of UPI transactions, the National Payments Corporation of India (NPCI)
In order to facilitate easy cross-border money transfers and international payments, global payments company PayPal unveiled on July 23 ‘PayPal World’, an interoperability platform that links India's Unified Payments Interface (UPI) with some of the biggest digital wallets worldwide. How UPI Integration Benefits Indian Users? The initiative'
To reward consumers for their everyday spending, SBI Card and PhonePe have launched a co-branded credit card. There are two varieties of the PhonePe SBI Card: SELECT BLACK and PURPLE. SELECT BLACK vs PURPLE: What's the Difference? When making purchases using the PhonePe app, customers who use the
The exponential expansion of the Unified Payments Interface (UPI) has made India the world leader in quick digital payments, according to a recent International Monetary Fund (IMF) study titled "Growing Retail Digital Payments: The Value of Interoperability." India Takes the Lead in Real-Time Payments, Says IMF The National
The globe is slowly paving its way towards a cashless society. From invoices to cards and now to mobile wallets, this significant transformation has reduced the weight of bulky wallets. We can pay for any product, transfer money, make bill payments, and almost everything to do with money from the
Plum, an insurtech business based in Bengaluru, has allegedly committed INR 200 Cr ($23.3 Mn) for the next three to four years in order to develop into full-stack digital health services. The Tiger Global-backed business is launching Plum Health to provide working professionals throughout India with AI-powered health tracking,
This article has been contributed by by Somdutta Singh, Founder and CEO, Assiduus Global When brands talk about going global, it often sounds like a badge of honor. A sign of scale. A signal to investors. A growth playbook coming to life. But behind the press releases and polished dashboards,
BANKIT, a fintech company focused on financial inclusion, has rebranded itself as FindiBANKIT. The change follows its acquisition by FINDI Ltd., an Australian Stock Exchange-listed firm, earlier this year.
The RBI has instructed banks and payment institutions to incorporate the telecom department's (DoT) financial fraud risk indicator (FRI) into their systems in light of the increasing number of cybercrimes. The RBI guideline, released on June 30, seeks to use cutting-edge technologies to combat cybercrime. The DoT hailed
Transactions using the Unified Payments Interface (UPI) fell slightly to 18.40 billion in June from an all-time high of 18.68 billion the month before. Compared to the previous year, the number of transactions increased by 32%. Compared to the 17.89 billion transactions that were reported in April,
The way we save, invest, and exchange money is changing as a result of technological advancements in today's lightning-fast financial industry. The pioneering force behind this transformation is fintech, an abbreviation for financial technology. When it comes to the stock market and online broking, Zerodha is what comes
Pine Labs is a top supplier of retail point of sale (POS) systems that streamline payment acceptance and open up business opportunities for ecosystem members. In India, only Pine Labs POS systems are approved by Visa, Mastercard, and American Express. In 3000 cities and towns in India and Malaysia, Pine
Spotify has one of the highest market shares of all global music streaming services, 31.7% in 2024 and offers some of the largest earnings. But how do artists and musicians earn from their creations on Spotify? From creating your artist profile to leveraging print merchandise, our guide will help
After considering industry input from consultations and evaluating market participants' preparedness, regulator SEBI announced the "Valid" mechanism on June 11, which will give market intermediaries a unique Unified Payments Interface (UPI) address to collect money from clients. According to Tuhin Kanta Pandey, Chairman of SEBI, the innovative
The government is allegedly considering a plan to reinstate the Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions over INR 3,000 in an effort to relieve financial strain on banks and payment service providers. As per various media reports, the action is intended to address the operational
This article has been contributed by Imteyaz Ansari, Founder, Azmarq Technovation Pvt. Ltd. Indian customer communication is rapidly changing due to the increased mobile use and evolving expectations. With over 500 million smartphone users and increased usage of digital channels, Indian customers now expect to receive instant, contextual, and frictionless
A plethora of agriculture business ideas stretches from agro-based traditional practices to modern innovations, lining up varied opportunities in the fields of farming, processing, service, and agri-tech. Some of these agriculture business ideas include crop farming, animal husbandry, vertical farming, agro-fintech, and e-commerce-agriculture, and offer different investment requirements ranging from
From fintech to wellness and social-commerce infrastructure, today’s funding activity reflects the diversity and momentum in the market. Here’s a quick look at the top funding updates for 6th June 2025. Startup Sector Funding Round Lead Investors Decentro API banking / Fintech ₹30 crore (~US$3.6M) Series B
Decentro raised INR 30 crore in a Series B led by InfoEdge Ventures to boost its fintech infrastructure across KYC, payments, and debt collections. Powering ₹50,000 crore annually, it plans to move its parent company from Singapore back to India in 12-18 months, marking a strategic homecoming.
The startup ecosystem continues to thrive with significant funding activities across diverse sectors in the first week of June 2025. From aviation infrastructure and fintech to sustainable energy and emerging sports leagues, investors are backing innovative ventures that promise growth and transformation. This daily funding roundup covers the key investments
The founder of the Indian grocery delivery startup KiranaPro told a media outlet that the company had been hacked and all of its data had been erased. Deepak Ravindran, co-founder and CEO of KiranaPro, told a media source that among the deleted data were the company's app code
The funding space witnessed another active day as companies across finance, wellness, energy, and tech revealed major investments and capital raises. Here’s a breakdown of the most noteworthy funding updates from 3rd June 2025: Company Sector Funding Amount Funding Type Lead Investor / Partner Stable Money Fintech $20 million Series
The number of transactions using the Unified Payments Interface (UPI) increased 4.4% from 17.89 billion in April to 18.68 billion in May, setting a new record. There were 33% more trades than the previous year. UPI transactions experienced a 2.2% month-over-month (MoM) decline in April. The
The National Payments Corporation of India (NPCI) has announced a significant update to the Unified Payments Interface (UPI) system, part of a broad overhaul that would affect thousands of digital payment customers nationwide. All UPI-based applications, including Google Pay, PhonePe, and Paytm, will stop using contact-saved identities and nicknames during
The petitions filed by Vodafone Idea (Vi), Bharti Airtel, and Tata Teleservices asking for a waiver of their long-standing adjusted gross revenue (AGR) obligations were denied by the Supreme Court on 20 May. As part of their AGR obligations, the telcos sought relief from the payment of interest, penalties, and