UPI in Sep: Overall merchant spend falls, broker payments rise 16%
Digital gold purchases value via UPI increased to Rs 2,585.35 crore in September from Rs 2,488.52 crore in August.
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Digital gold purchases value via UPI increased to Rs 2,585.35 crore in September from Rs 2,488.52 crore in August.
The surrender of the payments licenses comes even as Tata Digital says it is sharpening its focus on financial services.
Online marketplaces saw growth both in terms of volume and value in June 2026, according to NPCI data.
The total value of merchant category-wise purchases through the Unified Payments Interface (UPI) increased to Rs 8.72 lakh crore across 14,721.30 million transactions in May 2026.
The overall value of the merchant category-wise purchases via UPI increased to Rs 8.61 lakh crore in March across 14,180.46 million transactions.
The development comes less than two years after securing a coveted payments licence, and barely two months after the company going public.
Digital gold purchase via the UPI increased to Rs 3,926.47 crore in January as compared to Rs 2,079.31 crore in December.
The overall value of the merchant category-wise purchases via UPI rose to Rs 8.07 lakh crore in December across 13,482.38 million transactions.
The stock of India's largest stock broking platform by number of users listed at Rs 114 per share on BSE and Rs 112 on the NSE.
This is significant as Zerodha has stayed away from the US investment product even as many other brokerage firms offer the facility.
India's leading discount broker faces earnings pressure as new rules and slower trading activity impact revenue.
Launched in 2024, the fintech firm raised $25.5 million in seed round led by Nexus Venture Partners. Quona Capital, Saison Capital also participated in the round.
Digital goods: games also saw UPI payments decline to Rs 7,441 crore in August, from Rs 10,076 crore in July.
The acquisition will mark InCred Group's entry into the retail brokerage space.
The rating agency ICRA said Zerodha Capital witnessed a "healthy" scaleup in its loan against securities book to Rs 381 crore as on December 31, 2024.
Groww has filed the pre-filed DRHP with Sebi and the stock exchanges in relation to the proposed initial public offering.
The Gurugram-based company generated the largest share of its operating revenue from insurance broker services, which rose to Rs 4,298 crore in FY25.