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Elon Musk's xAI raises $10 billion to boost Grok platform

Elon Musk's xAI raises $10 billion to boost Grok platform

02 Jul 2025, 18:25 PM

Elon Musk's AI company xAI has raised $10 billion in debt and equity, as the competition to take the lead in the AI race continues to get intense every ...

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

13 May 2025, 18:57 PM

PayU Payments Private Ltd has received the final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA).

BharatPe secures final RBI nod to operate as payment aggregator

BharatPe secures final RBI nod to operate as payment aggregator

10 Apr 2025, 02:27 AM

BharatPe has received the Reserve Bank of India (RBI) approval to operate as an online payment aggregator. The company plans to operate its payment aggr...

Easebuzz gets final nod from RBI to operate as payment aggregator

Easebuzz gets final nod from RBI to operate as payment aggregator

12 Feb 2025, 20:54 PM

Easebuzz has received the final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator. 

Paytm receives regulator's approval to add new UPI users, after 10-month ban

Paytm receives regulator's approval to add new UPI users, after 10-month ban

23 Oct 2024, 18:24 PM

Oct 23: Almost 10 months after the Reserve Bank of India's regulatory ban, Paytm 's parent entity One97 Communications Limited has received ...

The Payment Aggregator Paradox: License to Struggle?

The Payment Aggregator Paradox: License to Struggle?

24 Jul 2024, 07:13 AM

The payment aggregator (PA) license in India has been highly coveted by domestic and global businesses alike including Reliance, Tata, Google and Amazon...

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Who Reads Us

Fintech Highlights

  1. State Street to invest Rs 580 crore in Groww's asset management arm

  2. Bluecopa bags Series A funding led by Analog Partners

  3. UPI in Dec: Broker value rebounds, debt collection ticks up after sharp Sep fall

  4. Digital lender Kissht gets SEBI nod for IPO

  5. Skydo gets final RBI nod for cross-border payment aggregator license

  6. Read more news...

AI/Emerging Tech

  1. Key Mira Murati-led Thinking Machines executives exit to join back OpenAI

  2. Meta unveils Meta Compute in AI infra push

  3. Elon Musk's xAI to invest $20 billion to build data centre in Mississippi

  4. OpenAI to acquihire executive coaching AI tool Convogo

  5. Amagi cuts IPO size, eyes $869 million valuation

  6. Read more news...

IPO Tales

  1. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO

  5. Read more news...

Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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