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Fintech Infra

Pine Labs-owned Setu cofounder Nikhil Kumar exits operational role

Pine Labs-owned Setu cofounder Nikhil Kumar exits operational role

04 Jun 2026, 03:10 PM

Kumar launched Setu in 2018 alongside Sahil Kini after previously cofounding customer feedback startup Voyce.

Glaas secures $5 million from Fusion Finance founder Devesh Sachdev

Glaas secures $5 million from Fusion Finance founder Devesh Sachdev

08 Apr 2026, 11:57 AM

With the investment, Sachdev has also joined the embedded credit infrastructure platform as Co-founder & Managing Director.

Pine Labs-owned Setu ropes in Razorpay, PhonePe, PayU execs for key roles

Pine Labs-owned Setu ropes in Razorpay, PhonePe, PayU execs for key roles

25 Jul 2025, 02:48 PM

The Bengaluru-based API infra company Setu has appointed former Razorpay executive Prashanth Nimmagada as its chief technology officer.

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Fintech Highlights

  1. GetVantage secures Series A1 funding led by Rajeev Ahuja, SanRaj Group

  2. InRisk Labs raises Series A funding led by Bessemer and Northpoint Capital

  3. Government introduces Bill to enable future changes to MDR on UPI, RuPay debit cards

  4. Fundamentum doubles down as Stable Money kicks off Series C fundraising

  5. Avanse Q1 FY27 standalone revenue up 18% to Rs 760 crore
  6. Read more news...

AI/Emerging Tech

  1. Capillary Technologies Q1 FY27 revenue up 43% to Rs 256 crore

  2. Former Swiggy, Zomato execs' AI startup Profound bags seed funding

  3. Kily bags Rs 30 crore funding led by Sorin Investments

  4. Sarvam AI raising $74 million in extended Series B funding led by Nvidia

  5. Drone startup SUIND bags seed funding led by Transition VC
  6. Read more news...

IPO Tales

  1. Cult.fit IPO: A leaner business, but can the fitness startup justify its valuation?

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

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

  4. Shiprocket IPO: A profitable core, costly emerging bets
  5. Read more news...

Money & Machines

  1. Money & Machines: Postpaid is back. The golden era isn't; What Sarvam's Chaplot bet signals

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

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

  4. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge
  5. Previous editions...

PE/VC Tales

  1. Elevation Capital offloads Paytm stake worth Rs 2,038 crore via bulk deals

  2. Peak XV, Elevation Capital offload Meesho shares worth Rs 1,949 crore via block deals

  3. Inside the fintech bets of Blume Ventures

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