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UPI transactions hit record 19.47 billion in July

UPI transactions hit record 19.47 billion in July

01 Aug 2025, 18:40 PM

The total value of the transactions jumped 22% year-on-year to Rs 25.08 lakh crore.

OpenAI launches study mode in ChatGPT amid brain rot backlash

OpenAI launches study mode in ChatGPT amid brain rot backlash

30 Jul 2025, 16:50 PM

Study mode is designed to be engaging and interactive, and to help students learn something and not just finish something.

Eduvanz co-founder Raheel Shah steps down

Eduvanz co-founder Raheel Shah steps down

30 Jul 2025, 15:53 PM

Shah plans to float his own incubator to mentor startups.

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

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

30 Jul 2025, 11:49 AM

Interestingly, not just payment aggregators, the has decided to charge some large merchants – who use the bank’s UPI directly.

Zaggle buys Rio Money to enter credit card on UPI space

Zaggle buys Rio Money to enter credit card on UPI space

29 Jul 2025, 20:29 PM

Zaggle will leverage Rio Money's network of over 3,400 corporate customers to offer the co-branded Yes Bank Rio RuPay Credit Card to over 3.2 million users.

RBI governor hints at potential end to free UPI transactions

RBI governor hints at potential end to free UPI transactions

28 Jul 2025, 20:52 PM

India processed 18.4 billion UPI transactions worth Rs 24.04 lakh crore in June.

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

25 Jul 2025, 12:17 PM

The ED has filed a complaint against Simpl and its founder Nithya Nand Sharma for allegedly violating FEMA provisions.

In Charts: Amrish Rau

In Charts: Amrish Rau's startup bets

24 Jul 2025, 23:58 PM

With Pine Labs headed for an IPO, CEO Amrish Rau could pocket Rs 800-1,000 crore via OFS. The Head and Tale tracks where else he's poised to cash in.

Digital lender KreditBee converts into public entity ahead of IPO

Digital lender KreditBee converts into public entity ahead of IPO

24 Jul 2025, 13:43 PM

The company has also recieved the RBI nod to merge its technology arm Finnovation Tech Solutions into NBFC Krazybee Services.

PayPal partners with India

PayPal partners with India's NPCI, others to launch global payments platform

23 Jul 2025, 15:06 PM

Apart from India's NPCI, PayPal has also partnered with Brazil’s Mercado Pago, Tencent Holdings’ Tenpay Global, and its own subsidiary Venmo.

AI agent enablr Composio raises $25 million in Series A

AI agent enablr Composio raises $25 million in Series A

23 Jul 2025, 11:50 AM

The startup will use the fresh capital to develop its learning infrastructure for its agentic AI offerings and expand its team.

Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

22 Jul 2025, 16:44 PM

Conversations with half a dozen industry insiders reveal a company that is struggling to articulate a coherent growth narrative and a unified brand story.

EduFund raises $6 million in Series A funding

EduFund raises $6 million in Series A funding

22 Jul 2025, 12:37 PM

The company also aims to boost its loan portfolio and strengthen its presence in secondary and tertiary cities across India.

Altum Credo raising additional Rs 100 crore in extended Series C funding

Altum Credo raising additional Rs 100 crore in extended Series C funding

18 Jul 2025, 18:26 PM

Altum Credo will use the fresh capital for market expansion and to boost its lending operations.

Flipkart-owned Super.money entering stock broking space

Flipkart-owned Super.money entering stock broking space

18 Jul 2025, 14:29 PM

The Walmart-owned company is also looking to hire engineers and architects - "who are deep into stock markets."

AI coding startup Lovable hits unicorn status after $200 million fundraise

AI coding startup Lovable hits unicorn status after $200 million fundraise

17 Jul 2025, 21:39 PM

The funding round was led by Accel, with participation from several other investors including 20VC, byFounders, and Visionaries Club, among others.

Fintech Highlights

  1. UPI transactions hit record 19.47 billion in July

  2. Shark Tank startup Plus Gold shuts shop

  3. Software engineer held in connection with $44 million CoinDCX crypto hack

  4. PB Fintech revenue slips sequentially to Rs 1348 crore in Q1 FY26

  5. MobiKwik's Q1 FY26 revenue falls 21% yoy amid financial services slowdown
  6. Read more news...

AI/Emerging Tech

  1. Google rolls out Deep Think for Gemini app

  2. SiMa.ai raises $85 million led by Maverick Capital

  3. AI startup Anaconda raises $150 million in Series C led by Insight Partners

  4. India, China fuel Asia’s GenAI app downloads to 684 million in H1 2025

  5. Thinking Machines Lab employees rebuff Meta's offer as high as $1 billion
  6. Read more news...

Editor's Pick

  1. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

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

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained