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The acquisition is expected to bolster DSP Finance’s offerings in loans backed by financial assets, particularly mutual funds.
The funding round also saw participation from other existing investors Peak XV Partners, RTP Global, and Z47.
In this edition, we unpack Paytm's renewed Postpaid push and what has changed since its heyday; and what Sarvam AI's appointment of frontier AI researcher Devendra Chaplot signals...
In a joint representation, seven UPI apps have raised concerns around competition, customer choice, market concentration, security, transaction success rates and operational complexity.
The capital infusion in Paytm Money will be used towards technology investments, regulatory capital requirements and expanding the company's investment and wealth management offerings.
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
In today's Money & Machines edition, we write on the return of crypto ban debate; and iMerit's acquisition.
In this edition, we write on Razorpay’s valuation puzzle; and we explore why private equity firms remain cautious about backing India's AI startups.
![Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]](/upload/theheadandtale.com/2026/07/1783425176_4f181680c7_june12.jpg)
In this editing, read the fintech reality check; and whether the frenzy around AI is actually translating into funding for Indian startups.
While the app will remain accessible until July 30, it will cease functioning thereafter.
The ED alleged that these platforms advertised instant cross-border money transfer services using cryptocurrencies despite not being authorised payment system operators.
The platform's secretariat will be jointly managed by the Payments Council of India (PCI) and the Fintech Convergence Council (FCC).
Some users have already been affected, with investors reportedly receiving SIP transaction failure messages.
We have a news development to report on from the payments ecosystem. And, we write how users aged 18-24 now account for nearly half of all ChatGPT messages in India.
The card strategy of the fintech-friendly Federal Bank; and on the AI front we write, as AI systems begin to autonomously find and exploit vulnerabilities, cybersecurity is entering a new phase.
In this edition of Money & Machines, we look to our Father of our Nation Mahatma Gandhi as the country remembered him on his birth anniversary on October 2.
Sep 26th Edition: Here's what followed our online gaming ban story — from late-night calls and even a bribe offer...Also, we explore whether VCs have spotted their ‘Lovable’ in India yet?
Sep 19th Edition: We look at the RBI’s unified master directions on payment aggregators and what it means; and how AI companions could be the next big bets for Indian VCs.
For this special edition, instead of dissecting business, we’re reflecting on something more personal — the state of journalism in the age of AI.
Flipkart Group’s UPI app super.money also witnessed surge in its number of transactions in October to 50 million.
