#Kumail Bukhari

Mirae Asset Venture Investments marks first close of new fund at Rs 1,125 crore

Blacksmith raises Series B led by Peak XV Partners

Accel raises $550 million for ninth India fund

The new fund is around 15% smaller than Accel’s previous India fund. Accel had closed $650 million for its eighth India fund in January last year.

Vecton AI raises pre-seed funding led by Zeropearl VC

The Bengaluru-based startup will use the fresh capital to accelerate the development of enterprise-grade AI solutions and strengthen its Forward Deployed Engineer (FDE) model, among others.

'Traditional fintech SaaS still very valuable', says Cedar Hill Capital's Sahil Anand

Talking about his fund, LPs, investment strategy, Cedar Hill Capital's founder Sahil Anand said raising capital remains challenging.

Solinas Integrity secures Series A1 funding co-led by Mela Ventures, Hero Enterprise Family Office

The funding round also saw participation from Luthra Group and follow-on investments from existing investors SVL-SME Fund (managed by SBI Ventures Limited), Rainmatter Capital, and 8X Ventures Fund I.

Elevation Capital offloads Paytm stake worth Rs 2,038 crore via bulk deals

The shares were acquired by a mix of domestic mutual funds, insurance firms and global institutional investors.

InRisk Labs raises Series A funding led by Bessemer and Northpoint Capital

The Bengaluru-based startup will use the fresh capital to strengthen its underwriting, actuarial, catastrophe modelling, and AI capabilities.

Razorpay hires engineering leaders from Microsoft, Salesforce, CRED, Divyam.ai to bolster AI push

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.

Former Swiggy, Zomato execs' AI startup Profound bags seed funding

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.

Kily bags Rs 30 crore funding led by Sorin Investments

The round also saw participation from Razorpay and Wyser Capital.

Sarvam AI raising $74 million in extended Series B funding led by Nvidia

The funding round will also see participation from Glade Brook Capital, Gaja Capital, Indigo Ventures, and several angel investors and family offices.

Money & Machines: Postpaid is back. The golden era isn't; What Sarvam's Chaplot bet signals

In this edition, we unpack Paytm's renewed Postpaid push and what has changed since its heyday; and what Sarvam AI's appointment of frontier AI researcher Devendra Chaplot signals...

Exclusive: Tata Group surrenders payments licenses

The surrender of the payments licenses comes even as Tata Digital says it is sharpening its focus on financial services.

Revspot bags Series A funding co-led by Inflexor Ventures, Info Edge Ventures

The round also saw participation from Pentathlon Ventures, Silicon Road Ventures, and existing investor Titan Capital.

Delhi HC orders winding up of Paytm Payments Bank, appoints official liquidator

The court's directive follows the RBI’s decision to revoke Paytm Payments Bank's banking licence in April.

Atomberg-backer Inflexor Ventures marks first close of third fund at Rs 400 crore

The fund is anchored by Self-Reliant India Fund, HDFC Asset Management Company, and HDFC AMC Select AIF FoF.

Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

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.

OpenAI Applications Chief Fidji Simo steps down

Simo joined OpenAI’s board in 2024 before taking charge of the newly created CEO of Applications role in 2025.

Exclusive: Paytm applies for wallet licence from Reserve Bank of India

The move comes less than three months after the Reserve Bank of India formally cancelled Paytm Payments Bank's licence.