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RBI imposes compounding fee on Paytm over FEMA violations

RBI imposes compounding fee on Paytm over FEMA violations

04 Feb 2026, 10:06 AM

The penalty stems from Paytm's purchase of e-commerce firm Little Internet nearly eight years ago.

PayNearby gets UPI TPAP licence from NPCI

PayNearby gets UPI TPAP licence from NPCI

23 Dec 2025, 18:17 PM

This will enable the company to roll out its new Saathi platform aimed at bringing digital payment services to underserved communities across the country.

Uniphore secures $260 million in Series F funding from Nvidia, AMD, others

Uniphore secures $260 million in Series F funding from Nvidia, AMD, others

23 Oct 2025, 12:37 PM

Uniphore will use the fresh capital to boost innovation on its AI and data platform -- Business AI Cloud.

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

03 Mar 2025, 19:39 PM

An ED investigation reveals that OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step down subsidiary.

Who Reads Us

Fintech Highlights

  1. Former Peak XV execs floated Ambition Capital targets $250 million for debut fund

  2. Ecofy secures $42 million funding co-led by BII, Finnfund

  3. Razorpay rolls out B2B agent marketplace

  4. CBI searches 15 locations to investigate cyber fraud network

  5. NSE appoints 20 bankers for proposed IPO

  6. Read more news...

AI/Emerging Tech

  1. Bamboobox raises $6.6 million led by Peak XV Partners

  2. Grapevine secures $4.1 million funding from Kae Capital, Peak XV

  3. Atlys raises Series C funding led by Susquehanna Asia VC

  4. Agnit Semiconductors raises seed funding led by Shastra VC

  5. Accel and Google select five startups as part of 2026 AI cohort

  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

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

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

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

  5. Read more news...

Money & Machines

  1. A CEO arrested, hearing delayed; Sarvam's AI pitch

  2. Airtel's lending leap; Responsible AI only on paper?

  3. AI everywhere. Fintech...somewhere; India's AI groundwork

  4. The Wegofin episode; India's AI optics vs spending reality

  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet

  5. Read more news...

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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