Subscribe

Citi

RBI cancels registrations of 135 NBFCs; 13 firms voluntarily exit sector

RBI cancels registrations of 135 NBFCs; 13 firms voluntarily exit sector

12 Jun 2026, 06:32 PM

The latest action is part of the RBI’s ongoing efforts to strengthen oversight of the NBFC sector.

Qapita secures Series B funding led by Charles Schwab

Qapita secures Series B funding led by Charles Schwab

09 Oct 2025, 01:09 PM

Existing investors Citi and MassMutual Ventures also participated in the funding round.

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 12:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

Who Reads Us

Fintech Highlights

  1. Aham Housing Finance raises Rs 100 crore funding led by Sanmar Group

  2. IPO-bound OfBusiness FY26 revenue falls 7% to Rs 20,645 crore

  3. Peak XV sells Go Digit shares worth Rs 139 crore via block deal

  4. Kissht Q1 FY27 revenue jumps 45% to Rs 677 crore, net profit up 59%

  5. Delhi HC orders winding up of Paytm Payments Bank, appoints official liquidator
  6. Read more news...

AI/Emerging Tech

  1. Drone startup SUIND bags seed funding led by Transition VC

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

  3. Aurionpro Q1 FY27 revenue up 6.3% to Rs 358 crore, net profit falls

  4. BusinessNext raises Series C funding led by ServiceNow Ventures at $700 mln valuation

  5. Fractal Q1 FY27 revenue rises 20% to Rs 913 crore, profit jumps 92%
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  3. Shiprocket IPO: A profitable core, costly emerging bets

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

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

  3. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  4. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?
  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  4. Micro VCs: Fueling India's startup pipeline or distorting it?
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]