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Gift City

Skydo gets GIFT City PSP, RBI licences for cross-border payments push

Skydo gets GIFT City PSP, RBI licences for cross-border payments push

20 May 2026, 16:30 PM

With these approvals, Skydo can now facilitate both incoming and outgoing international transactions for Indian businesses.

Infibeam Avenues unit gets nod to operate as payment service provider at GIFT-IFSC

Infibeam Avenues unit gets nod to operate as payment service provider at GIFT-IFSC

28 Oct 2025, 14:34 PM

This authorization will allow the subsidiary to provide escrow solutions, facilitate international money transfers, and onboard merchants through the GIFT City framework.

Zerodha plans to offer US stock investment via GIFT City

Zerodha plans to offer US stock investment via GIFT City

28 Oct 2025, 13:51 PM

This is significant as Zerodha has stayed away from the US investment product even as many other brokerage firms offer the facility.

Avanse Financial Services raises $200 million in debt via ECB

Avanse Financial Services raises $200 million in debt via ECB

21 Aug 2025, 11:29 AM

The loan was raised from a syndication of banks from Taiwan, Japan, Singapore, Sri Lanka, the UAE, and India.

Who Reads Us

Fintech Highlights

  1. PB Fintech cofounders offload shares worth Rs 665 crore via block deals

  2. AvenuesAI FY26 revenue from operations doubles to Rs 8,115 crore

  3. Altimeter Capital sells Pine Labs shares worth Rs 211 crore via block deal

  4. Supreme Court upholds retrospective 28% GST on online gaming platforms

  5. Kissht FY26 revenue from operations jumps 63% to Rs 2,179 crore
  6. Read more news...

AI/Emerging Tech

  1. Asana buys StackAI

  2. Anthropic overtakes OpenAI as most valuable AI startup with $65 billion funding

  3. Fundamentum's Ashish Kumar launches Rs 2,000 crore AI and deeptech fund F2A

  4. Anthropic strengthens India leadership with Sangeeta Bavi and Siddiq Zaman appointments

  5. Shastra VC rolls out $100 million fund to invest in AI, deeptech startups
  6. Read more news...

IPO Tales

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

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

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  5. Previous editions...

PE/VC Tales

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

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  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]