Coinage Act

From Cowrie to Code – A Timeline of Money in India

From Cowrie to Code – A Timeline of Money in India

24 May 2025, 14:06 PM

In our first edition of the Money Trivia series, we explore the Head and Tale of currency — tracing the fascinating evolution of money in India.

Fintech Highlights

  1. PCI Security Standards Council sets up first India-South Asia regional engagement board

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

  3. TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners

  4. Arohan Financial Services appoints Milind Nare as Deputy CEO, Ketan Agrawal as Deputy CFO

  5. NBFC CredRight raises $10 million in Series B funding
  6. Read more news...

AI/Emerging Tech

  1. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  2. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

  3. Meta strikes licensing deal with Midjourney

  4. OpenAI warns against unauthorized investment vehicles

  5. Google inks cloud computing deal worth $10 billion with Meta
  6. Read more news...

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