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The Economics of Gandhi

The Economics of Gandhi

02 Nov 2025, 11:13 AM

In this edition of Money & Machines, we look to our Father of our Nation Mahatma Gandhi as the country remembered him on his birth anniversary on October 2.

Pine Labs takes a steep valuation cut to $2.7 billion as it shrinks IPO size

Pine Labs takes a steep valuation cut to $2.7 billion as it shrinks IPO size

01 Nov 2025, 17:14 PM

The IPO, set to open between 7 and 11 November, is at a similar timing when another fintech major Groww is planning to go public at around $7-8 billion valuation.

Swedfund extends $20 million loan to microlender CreditAccess Grameen

Swedfund extends $20 million loan to microlender CreditAccess Grameen

31 Oct 2025, 17:44 PM

Earlier in February this year, CreditAccess had raised $50 million from International Finance Corp (IFC).

Google to offer free Gemini AI Pro access to Jio

Google to offer free Gemini AI Pro access to Jio's 5G subscribers

31 Oct 2025, 14:38 PM

In July, Google had announced a free one-year AI Pro plan for college students in India.

Who Reads Us

Fintech Highlights

  1. Infibeam Q2 revenue up 93% to Rs 1,965 crore

  2. Pine Labs shares list at around 10% premium over IPO price

  3. Juspay books Rs 62 crore net profit in FY25; revenue stood at Rs 514 crore

  4. Aye Finance July-Sept revenue up 22% to Rs 436 crore, net profit falls

  5. Slice Small Finance Bank FY25 losses widen to Rs 217 crore
  6. Read more news...

AI/Emerging Tech

  1. Govt notifies digital personal data protection rules

  2. OpenAI strikes partnership with PhonePe as it seeks to deepen India presence

  3. Anthropic inks $50-billion computing infra deal with Fluidstack

  4. SoftBank sells entire stake in Nvidia

  5. German court orders OpenAI to pay damages for violating copyright laws
  6. Read more news...

IPO Tales

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

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

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  4. In Charts: MobiKwik plans Rs 572 crore IPO. Why its financial services play deserves attention
  5. Read more news...

Money & Machines

  1. India's subtle dance with stablecoins; Reinventing 'swadesi' in AI age

  2. The Economics of Gandhi

  3. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  4. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India
  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