Aye Finance

OpenAI to acquire product testing startup Statsig

OpenAI to acquire product testing startup Statsig

04 Sep 2025, 00:02 AM

As part of the deal, Statsig's CEO Vijaye Raji will step into a new role as CTO of Applications⁠, reporting to Fidji Simo.

Aye Finance net profit halves to Rs 30 crore in June quarter

Aye Finance net profit halves to Rs 30 crore in June quarter

28 Aug 2025, 14:47 PM

Aye Finance's total income jumped almost 19% to Rs 416.13 crore in the June quarter this year from Rs 350.64 crore in the same period last year.

IPO-bound SME lender Aye Finance posts Rs 1500 crore in revenue in FY25

IPO-bound SME lender Aye Finance posts Rs 1500 crore in revenue in FY25

04 Aug 2025, 15:51 PM

The profit during the financial year, ended March 31, 2025, stood at Rs 171 crore, compared to Rs 161 crore in FY24.

SiMa.ai raises $85 million led by Maverick Capital

SiMa.ai raises $85 million led by Maverick Capital

01 Aug 2025, 21:48 PM

SiMa.ai founder and CEO Krishna Rangasayee said the funding will fuel the company's global expansion and accelerate the scale-up of its Physical AI.

MSME lender Aye Finance files DRHP for Rs 1450 crore IPO

MSME lender Aye Finance files DRHP for Rs 1450 crore IPO

24 Dec 2024, 22:18 PM

Aye Finance's largest shareholder Elevation Capital (formerly SAIF Partners) is not participating in the offer for sale.

SME lender Aye Finance board approves IPO plan

SME lender Aye Finance board approves IPO plan

14 Dec 2024, 05:17 AM

Aye Finance has received its board approval to launch Rs 1450 crore ($174 million) initial public offering (IPO).

Fintech Highlights

  1. RBI imposes Rs 21 lakh penalty on PhonePe for compliance lapses

  2. PhonePe rolls out ESOP buyback of Rs 700-800 crore ahead of IPO

  3. CoinDCX sees more top-level executive exits

  4. Avanse net profit jumps 47% to Rs 502 crore in FY25

  5. PhonePe, SIDBI team up to digitize Udyam Assist registration for micro enterprises
  6. Read more news...

AI/Emerging Tech

  1. Micro1 raises Series A funding led by VC firm founded by former X executives

  2. OpenAI set for restructure under non-binding deal with Microsoft

  3. Mistral AI attracts $2 billion in Series C led by ASML

  4. Cognition AI raises $400 million in new funding led by Founders Fund

  5. Former Scale AI executive founded AI startup Isotopes AI bags $20 million in seed funding
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

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