Fintech

👨‍💻 StartupTalkers

Sameer Nigam: Founder & CEO of PhonePe | Biography

Discover Sameer Nigam’s inspiring journey from Mime360 to PhonePe, including his education, career, net worth, PhonePe’s growth, IPO plans, and latest 2026 updates.

💳 FinTech

UPI Transactions in June 2026: Strong Growth Despite a Slight Monthly Dip

UPI eased from its record May high to process 22.72 billion transactions worth Rs 28.92 lakh crore in June 2026. Year-on-year growth stayed strong at 23% in volume and 20% in value, continuing India's steady digital payments expansion.

💳 FinTech

SEBI Wants One Ad Code for All of Finance. Celebrities Are Back In, Finfluencers Are Now On the Hook.

SEBI has proposed a single Common Advertisement Code to replace the patchwork of rules that govern how financial entities advertise. It scraps mandatory prior approval for most ads, lets firms use celebrities again, and classifies big finfluencers, OTT stars, and even AI avatars as "celebrities."

💳 FinTech

UPI Hits Record 23.2 Billion Transactions in May 2026, Transaction Value Nears ₹30 Lakh Crore

UPI recorded 23.20 billion transactions in May 2026, its highest-ever monthly volume since launch, with value nearing ₹30 lakh crore. Daily averages hit 748 million transactions, as India's digital payments network continues its record-breaking run.

Daily Indian Startup Funding Roundup & News - 30 March 2026: Indifi Secures ₹40 Cr Debt, Skillsvest Raises ₹5.5 Cr, Zetwerk Files for $450 Mn IPO, and More

Daily Indian startup funding roundup for March 30, 2026: Indifi raises ₹40 crore debt from BlackSoil, Skillsvest secures ₹5.5 crore pre-seed funding, and Zetwerk files for a $450 million IPO, alongside key startup news and business updates from India’s startup ecosystem.

BlackSoil Backs Indifi with ₹40 Crore to Boost SME Credit Access

Indifi has raised ₹40 crore in debt from BlackSoil Capital to strengthen its digital lending platform and expand credit access for SMEs across India. The funding will support its growth across underserved sectors, as demand for alternative financing continues to rise.

Reserve Bank of India Penalises Pine Labs for Violating PPI Norms

Pine Labs, a prominent fintech company, was fined INR 3.1 lakh by the Reserve Bank of India (RBI) for noncompliance with regulations pertaining to PPIs. Officials from the central bank issued a statement saying they discovered Pine Labs broke PPI rules by giving out full-KYC PPIs without doing the

Pavestone invests $3 Million in AI-Native lending platform Uncia

Pavestone, a Hyderabad-based venture capital firm, completed its investment of $3 Million (₹25 Cr) into Uncia, an AI-powered Lending Solutions platform. In an era defined by heavily funded fintechs and venture-backed growth stories, Uncia represents something increasingly rare: a technology company that chose to let its product do the talking

Revolut Expands India Presence, Aims for 40% Workforce by 2026

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

AI Wealthtech Startup Novelty Wealth Raises $1.4M Led by IndiaQuotient to Scale their Wealth Advisory Platform for Indian investors

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.

Block Rehires Workers After 4,000 Layoffs Amid Workforce Adjustment

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,

Daily Indian Startup Funding Roundup & Key News - 17 March 2026: Velmenni Raises ₹30 Cr, Grapevine Bags $4.1M, RBI Fines Cashfree, & More

India’s startup ecosystem saw activity across deeptech, consumer brands, and AI-driven platforms on 17 March 2026. Velmenni raised ₹30 crore to scale its light-based wireless communication technology, while Grapevine secured $4.1 million to expand its AI-led talent platform. On the business front, Venture Catalysts exited Pee Safe, RBI

Reserve Bank of India Imposes Penalty on Cashfree Payments Over Compliance Breach

Cashfree Payments, a fintech unicorn, was fined INR 3.1 lakh by the Reserve Bank of India (RBI) for failing to adhere to payment aggregator (PA) and payment gateway (PG) regulations. The Reserve Bank of India (RBI) said in a statement that it had inspected Cashfree in accordance with its

PhonePe Puts IPO on Hold Due to War-Driven Market Volatility

As a precautionary measure, PhonePe has put its initial public offering (IPO) preparations on hold due to the ongoing conflict in Iran and certain regions of West Asia, as well as unstable global equities markets. The financial technology firm announced in a statement that it will resume its initial public

Block Inc. Lays Off Dozens of Marketing Employees in Australia After Global Job Cuts

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

CRED Secures Final Payment Aggregator Licence from RBI

In order to become a payment aggregator, the fintech company Cred was granted a final licence by the Reserve Bank of India (RBI) on 10 March. This paves the way for the company to accept merchants, process payments across various instruments, and deal with refunds and settlements. A prepaid payment

PhonePe Rolls Out ‘On-The-Go’ Card for Faster, Offline Transit Payments

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

👨‍💻 StartupTalkers

Asish Mohapatra Investments: The Man Building Unicorns and Backing India’s Next Big Startups

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.

Daily Indian Startup Funding Roundup & Key News - 5 March 2026: Cheerio AI Raises ₹8 Cr, Moneyview Files ₹1500 Cr IPO, & More

India’s startup ecosystem saw activity across AI automation, healthtech, and consumer beverages, while major developments emerged in fintech IPO plans and strategic acquisitions in the beauty sector. From early-stage funding rounds to large-scale public market ambitions, here are the key funding deals and business developments that shaped 5 March

PhonePe Eyes $10.5 Billion Valuation for Upcoming IPO

Depending on the outcome of the present volatile geopolitical climate, fintech giant PhonePe plans to launch its initial public offering (IPO) by next month. The public listing, which just includes an offer-for-sale component, is expected to garner between $900 million and $1.5 billion for the Bengaluru-based business. After receiving

🏭 Companies

How Virat Kohli Earns Money Beyond Cricket: Inside the Business Empire He Built

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

Svatantra Microfin IPO: Ananya Birla-Led NBFC Begins Process for Potential INR 3,000 Crore Public Issue

Indian microfinance firm Svatantra Microfin, led by entrepreneur Ananya Birla, has started early preparations for a potential initial public offering (IPO). The company has reportedly invited pitches from investment banks as it explores raising more than INR 3,000 crore through a public listing. While the IPO plan is still

Fintech Unicorn Moneyview Files DRHP With SEBI for ₹1,500 Crore IPO; Accel and Tiger Global Plan Partial Exit

India’s fintech ecosystem is gearing up for another major public listing. Bengaluru-based fintech unicorn Moneyview has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company plans to raise INR 1,500 crore through

Aavishkaar Capital Leads INR 60 Crore Investment in FREED to Scale India’s Debt Relief Category

Aavishkaar Capital, the investment arm of Aavishkaar Group, has led the INR 60 Crore (USD 6.6 Mn) investment in FREED, India’s first technology-driven debt relief platform, with participation from existing investors, Sanjay Nayar led Sorin Investments, Piper Serica and Sattva Ventures. Debt relief is a mature $50 billion

👨‍💻 StartupTalkers

Kanika Tekriwal: The ‘Sky Queen’ of Private Aviation Who Beat Cancer and Took Her Seat on Shark Tank India

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

NPCI’s BHIM Tops January UPI Charts, Overtakes CRED

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

Fintech SaaS Startup Roopya raises ₹4 Crore in seed round led by Inflection Point Ventures

Roopya, a Saas-based startup, has raised ₹ 4 Crore in seed round led by Inflection Point Ventures.The capital infusion is set to accelerate the company’s mission of revolutionizing how financial institutions process credit through its superior no-code, AI-powered lending stack. The investment comes at a time when the Indian

Annapurna Finance Raises USD 100 Million through Syndicated Multi-Currency Social Loan Facility

Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annapurna Finance’s access to new currencies and international lenders, the facility structured

🏆 Lists & Rankings

Best Fraud Monitoring Tools for Startups & Enterprises: A Comparative Guide for Businesses

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 launches a fintech and asset management venture, ‘Exponent One’, with financing veteran Sandeep Divakaran as Co-Founder and CEO

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

Cost-Cutting Drive: Jack Dorsey’s Fintech Company to Slash 10% Jobs

Block Inc., a San Francisco-based finance company run by Jack Dorsey, is preparing for a large round of layoffs. These job cuts would reduce its worldwide staff by 10%. If this news is true, it would be the third round of layoffs at Block in the past two years. The

🏆 Lists & Rankings

Top 6 Identity Theft Protection Tools for Businesses and Enterprises in the USA

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 Invests ₹6 Crores in Alt DRX to Advance Real Estate Tokenization in India

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

Tesla Introduces EMI Plans and INR 3 Lakh Exchange Bonus to Drive India Sales

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

Mobikwik Shares Surge as Company Posts ₹4 Crore Profit and Revenue Growth in Q3 FY26

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.

From Forbes 30 Under 30 to Federal Court: Fintech Founder Charged in $7 Million US Fraud Case That Shakes Startup World

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

Indian Govt and RBI Discuss Linking Alipay+ with UPI to Boost Digital Payments

Reportedly, talks are underway between UPI and Ant International's Alipay+, a cross-border digital payment system, to facilitate UPI's continued international expansion by the Indian government and the Reserve Bank of India (RBI). Tourists from India would be able to use UPI with Alipay+-registered merchants abroad

Insurtech Startup Turtlemint Files Revised DRHP for INR 660+ Cr Public Issue

For its initial public offering (IPO), insurtech startup Turtlemint has submitted an updated draft red herring prospectus (UDRHP) to the Securities Exchange Board of India (SEBI). A new issue of equity shares up to INR 660.7 Cr and an offer-for-sale (OFS) component of up to 2.86 Cr shares

📰 News

S. Anand of PaySprint on Embedded Finance, RegTech Infrastructure, and Powering Digital Banking for Bharat

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

📰 News

Nikhil Kurhe of Finarkein on Building Responsible Data Infrastructure, Open Finance Innovation, and Privacy-First Growth

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 Nikhil Kurhe, Co-Founder and CEO of Finarkein, who reflects

📰 News

Amit Das on How Think360.ai is Making AI-Driven Lending More Trustworthy, Transparent, and Regulation-Ready

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 Amit Das, Founder and CEO of Think360.ai, a

UPI Launch in Japan: How Indian Tourists Can Make Easy Digital Payments Abroad

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

🔭 Sectors

Why Media, Healthcare, and Fintech Firms in India Are Moving to Dedicated Storage Servers?

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

Daily Indian Startup Funding Roundup & Key News – 22nd January 2026: Meine Electric Raises $750K, Chargeup Secures INR 22 Cr, Reliance to Resume Russian Oil Buys & Razorpay Gets RBI Nod

India’s startup ecosystem stayed active on 22nd January 2026, with notable funding activity across deeptech and EV mobility, alongside major business headlines shaping the broader market landscape. Meine Electric raised $750K in a pre-seed round to accelerate its iron-air long-duration energy storage innovation, while Chargeup secured INR 22 Cr

Razorpay Receives RBI Approval to Expand into Physical Payment Aggregation

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

Cashfree Payments Rolls Out ESOP Buyback for 400+ Employees

* 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

🔭 Sectors

Avinash Godkhindi of Zaggle on Building a Unified Spend Management Platform, AI-Led Finance Automation, and Scaling B2B FinTech-SaaS in India

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 Avinash Godkhindi, Managing Director and Chief Executive Officer of

Apple Pay Likely to Launch in India by End of 2026

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

SEBI Clears PhonePe IPO: Fintech Giant Prepares for Major Market Debut

According to many media reports, market regulator Securities and Exchange Board of India (SEBI) approved UPI payments market leader PhonePe's initial public offering (IPO) on January 20. PhonePe hopes to generate about INR 12,000 crore (or $1.35 billion) through a pure OFS or offer for sale.

India Ranks 3rd Globally in FinTech Funding with $2.4 Billion Raised in 2025, Early-Stage Deals Surge 78%

* 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

BFSI UX Takes Centre Stage as Institutions Shift Focus from Screens to Behaviour

As financial institutions accelerate digital transformation, a quieter shift is unfolding behind the screens, one that has less to do with visual design and more to do with how core product journeys are being rebuilt. Industry studies over the past few years have consistently shown high abandonment across onboarding, activation,

Paytm Institutional Shareholding Rises Again in Q3 FY26 Amid Improving Fundamentals

In the December quarter (Q3 FY26), One 97 Communications Ltd. (Paytm) saw continuous institutional investment, indicating ongoing confidence in the company's long-term growth trajectory and strengthening fundamentals. Due to Paytm's inclusion in the MSCI Global Standard Index in November 2025, Category I FPIs increased their investment

PhonePe Introduces PG Bolt for Enhanced Security on Visa and Mastercard Payments

PhonePe Payment Gateway said on January 10 that it has introduced 'PhonePe PG Bolt' for Visa and Mastercard credit and debit card transactions. According to a statement from the firm, the technique makes use of device tokenisation to give PhonePe platform users and merchant partners a safe and

📰 News

Indian Startups Funding and Investors Data for 2025 (Updated Weekly)

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

Paytm Expands Overseas with New Units in Indonesia, Luxembourg; Cuts UAE Stake

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

DJT Microfinance Secures ₹130 Crore Funding from Public Sector Bank and Leading NBFCs, to Expand Portfolio in Existing and New Geographies

Signalling renewed market confidence and sector momentum, DJT Microfinance, one of India’s rapidly growing microfinance institutions committed to advancing financial inclusion, has secured funding of INR 130 crore from Public Sector Banks (PSBs) and leading Non-Banking Financial Companies (NBFCs). This strategic funding will support the company’s expansion plans

DPDP Rules Set New Standards for Data Privacy in India’s Digital Lending Sector

The introduction of the Digital Personal Data Protection (DPDP) Rules marks a significant change in India's digital regulations, especially for the financial sector. For years, digital lending, onboarding, and automated financial processes have outpaced the existing guidelines on handling personal data. The new rules provide essential clarity, setting

UPI Tops IMF Rankings, Setting a New Global Standard for Real-Time Digital Payments

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

Daily Indian Funding Roundup & Key News – 8th December 2025: Frex, Conscious Chemist, Lumov, Koriken Raise Early-Stage Capital; Ola Electric Begins 4680 Bharat Cell Deliveries

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 Raises INR 9.5 Crore in Pre Seed Funding to Reimagine Cross Border Payments for the Global Indian Community

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

RBI Grants Razorpay Cross-Border Licence, Enabling Seamless Global Transactions

Razorpay for Businesses, a payments and banking platform, announced on 2 December that it has obtained a Payment Aggregator-Cross Border (PA-CB) licence from the Reserve Bank of India (RBI). According to a business release, Razorpay is now one of a small group of fintech companies that are allowed to process

🏆 Lists & Rankings

Top 5 International Payment Gateways for Indian Businesses in 2026

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

Daily Indian Funding Roundup & Key News - 27th November 2025: Yuvrit Ayurveda Secures $800K, Zerodha Invests $5M in Tijori, and ED Arrests WinZO Founders

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

Daily Indian Funding Roundup & Key News – 24th November 2025: Wealthy Raises INR 130 Cr, FAE Beauty Secures $2 Mn, TotalEnergies Plans Stake Sale & More

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

🔭 Sectors

Fintech Solutions For Cross-Border Transactions: Redefining Global Payments

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

📰 News

How Value-Maximizing, Customer-Centric Rewards Are Reshaping Credit Behavior in 2025

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

📰 News

How Rural Entrepreneurs Are Embracing Digital Finance for Growth

This article has been contributed by Mr. Amit Nigam, Executive Director & CEO of FindiBANKIT  Every financial inclusion initiative in India has followed the same playbook: build the infrastructure, expand the bank branches, deploy more ATMs, create better apps, and adoption will follow. Yet for decades, rural India remained stubbornly

Groww Reports INR 471 Crore Profit in Q2, Revenue Declines Nearly 10% YoY

Billionbrains Garage Ventures, the parent of online investment platform Groww, has reported a net profit of INR 471.33 crore for the quarter ended September 2025, up about 12 % from INR 420.16 crore in the same period a year ago. However, its revenue from operations fell by around 9.

Apple Launches AppleCare+ for Theft and Loss in India for iPhone Users

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

Daily Indian Funding Roundup & Key News – 18th November 2025: Yubi Raises INR 411 Cr, Axirium Secures $3.5 Mn, Reliance Enters Pet Food Market & More

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

MyGigsters Enters India as Australian Fintech Bets Big on the Future of Work

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

📰 News

Gaming, GenAI, and Spacetech: India’s Surprising Deeptech Boom

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

📰 News

How UPI is Reshaping Digital Payments in India

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

EV charging platform ACS Energy Raises INR 1.1 Cr in Pre-Seed round from Inflection Point Venture

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

📚 Learning

How to Structure Fintech Partnerships Between Startups and Banks Safely

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

👨‍💻 StartupTalkers

Amrish Rau: Steering Pine Labs to Fintech Success

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

📰 News

India’s festive surge turns smarter as GST cuts and consented data reshape credit and consumption

This article has been contributed by Amit Das, Founder & CEO, Think360.ai This year’s festive season opens with two clear tailwinds: GST 2.0 and the mainstreaming of EMIs for big-ticket purchases. The 56th GST Council meeting set the implementation date and phased roll-out across goods and services,

Pfizer Secures $10 Billion Metsera Acquisition After Intense Bidding War With Novo Nordisk

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'

Bengaluru Fintech FOLO Launches to Unify India’s Scattered Money- One Secure App for Your Entire NetWorth

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.

Paramotor is 9 years strong: From POS to SaaS Powerhouse - Redefining Spend, Loyalty, Gifting, and Business Tech

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

Interview with Fintech Visionary Manish Baranwal: The Indian Technologist Powering Global Payment Transformations

New Delhi [India], November 4: From building SEPA and HVPS+ systems across Europe to modernising the UK’s Faster Payments infrastructure, Manish Baranwal represents India’s growing influence in global fintech innovation and leadership. Q1: Manish, your fintech journey spans continents and core infrastructure. What first sparked your path into

Lenskart to Launch AI-Powered Smart Glasses in December to Expand Tech Wearable Lineup

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

📰 News

Digital Finance Adoption in Small Businesses and Startups

This article has been contributed by Piyush Arora , Head of Corporate Strategy and Investment, Turbostart Over the past ten years, digital finance has moved from being a niche concept to an essential part of business operations. For small businesses and early-stage startups, it is no longer an optional tool but

Daily Indian Funding Roundup & Key News – 30th October 2025: IntrCity SmartBus Raises INR 250 Cr, Jupiter Money Secures $15 Mn, Google Offers Free Gemini AI & More

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

Drip Capital Secures $50 Million from TD Bank to Expand SMB Trade Finance Globally

* Drip Capital’s total debt funding raised to date exceeds $500 million, supported by global partners including Barclays, World Bank’s International Finance Corporation (IFC), and East West Bank * The latest round of funding, led by Toronto-Dominion Bank, strengthens Drip Capital’s global platform for small and mid-sized businesses (SMBs)

Vijya Fintech’s MIDASX Raises INR 12 Crore, Acquires AI Startup to Build India’s First AI-Driven B2B2C Multi-Asset Marketplace

Vijya Fintech, the parent company of flagship wealth-tech platform MIDASX, has announced the successful closure of its INR 12 crore Seed Round, marking a major milestone in its mission to build India’s first open-architecture, AI-driven B2B2C multi-asset marketplace. With this round, the company’s total funding has reached INR

Zoho Is Stepping Into Fintech With Zoho Pay: When Is It Launching?

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...

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The Future of Digital Lending in India: How Lark Finserv is Redefining Credit Access Through Lending Against Securities

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

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How NBFCs Are Powering Financial Inclusion Through Digital Lending

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 Updates Ray-Ban Glasses with Hindi Support, UPI Payments, and Deepika Padukone’s AI Voice

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

JioFinance Introduces Dhanteras and Diwali Offer with 2% Free Gold and Rewards Worth ₹10 Lakh

Buying gold during Dhanteras and Diwali is a long-standing Indian tradition symbolising prosperity, wealth, and good fortune. This festive season, JioFinance has introduced Jio Gold 24K Days, a limited-period offer that rewards customers with 2% free gold and a chance to win prizes worth ₹10 lakh on purchases made through

Paytm Restructures Operations, Brings Key Business Units Under Direct Ownership

One97 Communications, the parent company of Paytm, has authorised an internal reorganisation plan to directly own a number of its technological and financial businesses. The business stated in a filing with the exchanges that the action is a component of its endeavours to enhance operational efficiency, fortify governance, and streamline

Razorpay Reports 65% Surge in FY25 Revenue, Expands Global Fintech Footprint

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.

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NPCI’s Impact on Digital Transaction Growth

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

Jio Payments Bank forays into next-gen tolling services for Multi-Lane Free Flow (MLFF) road projects

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

Daily Indian Funding Roundup & Key News – 9th October 2025: Rusk Media Raises INR 103 Cr, Reo.Dev Secures $4 Mn, Lenskart Smartglasses with UPI & More

India’s startup ecosystem witnessed significant developments on 9th October 2025, with funding across media, SaaS, wearables, healthtech, cybersecurity, mobility, and AI sectors. Key highlights include Rusk Media raising INR 103 crore in Series B, Reo.Dev securing $4 million in a seed round, Eternz expanding its wearable business, and

Peyush Bansal's Lenskart Introduces UPI Payments in Upcoming B Camera Smartglasses at GFF 2025, Strengthening India’s Wearable Tech Revolution

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.

Zoho Expands Fintech Portfolio with New POS Device and Soundbox Launch

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

Kunal Shah-Backed Fintech Startup Niro Shuts Down Citing Regulatory Roadblocks and Funding Challenges

After 4.5 years of operation, the fintech startup Niro, which assisted consumer internet platforms in offering embedded credit products, has closed. Investors like Elevar Equity, GMO Venture Partners, Rebright Partners, Mitsui Sumitomo Insurance VC, Innoven Capital, Alteria Capital, and CRED founder Kunal Shah supported the Bengaluru-based company, which was

No More Typing PINs! Approve Upi Payments With Your Face or Fingerprint

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.