Upi

PhonePe acquires Gupshup

PhonePe acquires Gupshup's GSPay IP to launch UPI on feature phones

06 Jun 2025, 16:50 PM

The GSPay acquisition will be integrated with PhonePe's existing services, leveraging the UPI 123PAY platform developed by NPCI.

API infra firm Decentro raises Rs 30 crore in Series B led by Info Edge

API infra firm Decentro raises Rs 30 crore in Series B led by Info Edge

06 Jun 2025, 11:47 AM

InfoEdge Ventures led the round, along with participation from Stargazer Ventures and Infinyte Club Angel Fund.

Walmart-owned Flipkart gets NBFC licence from the Reserve Bank of India

Walmart-owned Flipkart gets NBFC licence from the Reserve Bank of India

06 Jun 2025, 11:18 AM

This is the first time the central bank has granted a large e-commerce player in India a lending licence.

LoanTap raises Rs 74 crore to double down on supply chain financing

LoanTap raises Rs 74 crore to double down on supply chain financing

06 Jun 2025, 10:53 AM

The equity round, led by July Ventures, also saw participation from existing investors such as 3one4 Capital, Avaana Capital, Kae Capital, and Swapurna Family Office.

Agri loan startup Arya.ag appoints ex-Indifi exec as group CFO

Agri loan startup Arya.ag appoints ex-Indifi exec as group CFO

06 Jun 2025, 10:45 AM

Priyanka Seth Wadhera has also held senior roles at Clix, Barclays, Religare, Citi, and PwC.

Fintech Hightlights

  1. PhonePe acquires Gupshup's GSPay IP to launch UPI on feature phones

  2. API infra firm Decentro raises Rs 30 crore in Series B led by Info Edge

  3. Walmart-owned Flipkart gets NBFC licence from the Reserve Bank of India

  4. LoanTap raises Rs 74 crore to double down on supply chain financing

  5. Agri loan startup Arya.ag appoints ex-Indifi exec as group CFO

  6. Read more highlights...

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