Money And Machines

What India

What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

01 Sep 2025, 12:02 PM

In today’s edition, we uncover the messy underbelly of India’s gaming ban and its deep ties to UPI; and can RBI’s FREE-AI framework finally push finance into the AI age?

Journalism was already dying — AI wasn

Journalism was already dying — AI wasn't the culprit

01 Sep 2025, 11:48 AM

For this special edition, instead of dissecting business, we’re reflecting on something more personal — the state of journalism in the age of AI.

IRCTC enters payments where giants bleed; RIP of RIP in AI

IRCTC enters payments where giants bleed; RIP of RIP in AI

01 Sep 2025, 11:45 AM

We dig into the payments ambitions of IRCTC; and the curious haste with which some social media “gurus” are declaring entire professions dead because of AI.

Fintech founders shaping policy; India on AI map?

Fintech founders shaping policy; India on AI map?

01 Sep 2025, 11:41 AM

In today's newsletter we have our take on Sahil Kini's shift from startup founder to policymaker, and India's journey towards potentially becoming the third pole in the AI universe.

Fintech Highlights

  1. RBI mandates two-factor authentication for all digital payments from April 2026

  2. MS Dhoni Family Office-backed Finance Buddha gets in-principle nod for SME IPO

  3. Gullak bags $7.5 million in Series A round led by Chiratae Ventures

  4. Oolka raises $7 million in seed funding led by Lightspeed, Z47

  5. Go Digit receives Rs 15 crore GST notice
  6. Read more news...

AI/Emerging Tech

  1. Sam Altman dubs OpenAI’s new Pulse ‘the future of ChatGPT'

  2. Microsoft adds Anthropic's models to Copilot amid friction with OpenAI

  3. Emergent raises $23 million in Series A round led by Lightspeed

  4. Cohere raises additional $100 million as it scales enterprise AI tech

  5. OpenAI to build 5 new data centres with Oracle, SoftBank under Stargate
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

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