Nandan Nilekani

Money & Machines: Regulators, Reel Stars, Real Money. And

Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

11 Oct 2025, 13:59 PM

In today’s edition of Money & Machines, we bring to you the honest opinions, critical notes and the whispers gathered on the sidelines of biggest fintech “mela" in the world.

Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

11 Jul 2025, 19:21 PM

The investigation revealed that the Probo platform defrauds its users by initially promoting a "deceptive image of a legitimate skill-based platform, only to ultimately exploit them through a betting mechanism..."

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani's Fund, others

29 May 2025, 15:47 PM

Stable Money is raising Rs 173 crore (around $20 million) in a round led by Fundamentum Partnership Fund, with participation from Z47, Lightspeed India...

Who Reads Us

Fintech Highlights

  1. Moglix's financing arm Credlix buys majority stake in Vanik Finance

  2. Aspora ropes in former Paytm Money CEO Varun Sridhar to head wealth & lending division

  3. Pine Labs Q2 revenue up 18% to Rs 650 crore, swings to profit

  4. Digital NBFCs’ personal loan sanctions jump 25% to Rs 97,381 crore in H1 FY26: FACE

  5. Mannjal bags seed funding led by Arali Ventures, B Capital
  6. Read more news...

AI/Emerging Tech

  1. Chicago Tribune files lawsuit against Perplexity for copyright infringement

  2. Anthropic expands partnership with Snowflake in $200 million multi-year deal

  3. AWS launches three new frontier AI agents

  4. Anthropic prepares to float IPO in 2026, hires law firm

  5. Aakrit Vaish launches India-focused AI fund Activate
  6. Read more news...

IPO Tales

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

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

  3. The Bull Run Broker: Inside Groww's $7 billion IPO

  4. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality
  5. Read more news...

Money & Machines

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

  2. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  3. Two crises, one theme — how tech is testing fintech and journalism

  4. Bankers Test the Market; OpenAI Tests the Law + Funding Exclusive
  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