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Visa's utility shift; an AI bet that isn't accidental

18 Dec 2025, 18:20 PM

A quick update on Visa’s move to discontinue the special pricing for utilities; and why TPG's JV with TCS to build AI data centres is not a mere coincidence.

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.

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.

UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

31 Mar 2025, 13:40 PM

While the government insists UPI is free, hidden charges, unsustainable incentives, and industry frustrations tell a different story.

Who Reads Us

Fintech Highlights

  1. Mirae Asset Venture India appoints Puneet Kumar as CEO

  2. Knight Fintech raises Series A funding led by Accel

  3. Arya.ag raises Series D funding from GEF Capital Partners

  4. PayNearby gets UPI TPAP licence from NPCI

  5. Prosperr.io raises $4 million in seed funding led by Jungle Ventures
  6. Read more news...

AI/Emerging Tech

  1. Meta to acquire Chinese founded AI startup Manus

  2. Flipkart acquires majority stake in AI startup Minivet AI

  3. Amazon in talks to invest $10 billion in OpenAI

  4. OpenAI upgrades ChatGPT model within a month as competition from Google intensifies

  5. India proposes AI companies to pay royalties for using copyrighted work
  6. Read more news...

IPO Tales

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

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO
  5. Read more news...

Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar