Explore the latest news, in-depth reports, and executive analysis tagged with #Paytm.
The bank's asset quality improved, with gross non-performing assets (NPAs) declining to 4.36% from 6.31% and net NPAs reducing to 3.24% from 4.66% as of June 30, 2026.
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
The acquisition also gives GalaxEye access to StarOps’ qualified satellite bus platforms in the 50 kg, 150 kg and 250 kg categories.
More than 65% of the commitments for the first close came from overseas Limited Partners (LPs), or investors.
BlackSoil said it backed the transaction citing Mintoak's banking partnerships, profitable growth and scalable business model.
The RBI clarified that Tata Sons' inclusion is subject to the outcome of its pending application for deregistration as an NBFC.
Groww had acquired Fisdom in an all-cash transaction valued at around $150 million in October 2025, marking one of the largest consolidation moves in India’s wealthtech space
The shares were acquired by a mix of domestic mutual funds, insurance firms and global institutional investors.
The stake sale attracted participation from several domestic and international institutional investors, with Axis Mutual Fund and Fidelity among the key buyers.
The proposed amendment, tabled by FM Nirmala Sitharaman, marks a shift from the existing legal framework, under which UPI enjoys a statutory exemption from MDR.
The funding round also saw participation from other existing investors Peak XV Partners, RTP Global, and Z47.
As part of the team expansion, former Divyam.ai CTO and co-founder Sudhir Reddy has joined Razorpay to lead its AI and data architecture initiatives.
The funding round was raised from VC firms Stellaris Venture Partners and 3one4 Capital, and a group of prominent angel investors including Swiggy CEO Sriharsha Majety.
The round also saw participation from Razorpay and Wyser Capital.
The combined business generates over $30 million in annual revenue with a profitability margin exceeding 30%.
The surrender of the payments licenses comes even as Tata Digital says it is sharpening its focus on financial services.
In a joint representation, seven UPI apps have raised concerns around competition, customer choice, market concentration, security, transaction success rates and operational complexity.
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
The move comes less than three months after the Reserve Bank of India formally cancelled Paytm Payments Bank's licence.
While the government insists UPI is free, hidden charges, unsustainable incentives, and industry frustrations tell a different story.
