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Mukesh Ambani

Reliance

Reliance's startup moment; Amazon, Flipkart's NBFC play

30 Sep 2025, 13:57 PM

Sept 5th Edition: We track Mukesh Ambani’s entry into a novel business that even big tech businesses are trying to make sense of; and the country’s top marketplaces’ credit bet.

Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

29 Aug 2025, 16:13 PM

Reliance Intelligence will pursue the business of setting up, acquiring, holding/investing in and promoting various ventures relating to AI.

Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

13 Aug 2025, 02:14 AM

Jio's payment aggregator arm, led by ICICI Bank veterans, is tapping deep banking ties and Reliance's war chest to take on India's biggest fintech players.

Jio Financial acquires SBI

Jio Financial acquires SBI's stake in payments bank JV

05 Mar 2025, 22:32 PM

Jio Financial Services acquires SBI's 17.8% stake in Jio Payments Bank for Rs 104.54 crore.

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

24 Oct 2024, 17:58 PM

The news comes shortly after Bajaj Finserv revealed that Allianz is considering an exit from its existing life and general insurance joint ventures with the Bajaj Group.

Who Reads Us

Fintech Highlights

  1. PayNearby gets UPI TPAP licence from NPCI

  2. Prosperr.io raises $4 million in seed funding led by Jungle Ventures

  3. Mswipe receives final payment aggregator license from RBI

  4. PowerUp Money raises Series A funding led by Peak XV

  5. How software security standards are reshaping India's payments landscape

  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

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