Neobank

Jupiter Money gets IRDAI approval to enter insurance distribution space

Jupiter Money gets IRDAI approval to enter insurance distribution space

17 Jul 2025, 12:41 PM

The licence allows Jupiter to sell both life and general insurance policies through its app.

Crypto neobank startup PlutoPe bags pre-seed funding

Crypto neobank startup PlutoPe bags pre-seed funding

13 Jun 2025, 12:40 PM

The startup has raised $500,000 in a pre-seed funding round led by Indian investor Manit Gupta.

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:53 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

Cross-border neobank Zolve raises $251 million in equity and debt

Cross-border neobank Zolve raises $251 million in equity and debt

12 Mar 2025, 20:34 PM

The Series B round was led by Creaegis, with participation from HSBC, SBI Investment, GMO Venture Partners, DG Daiwa Ventures, and existing investors. This also includes a $200 million warehouse line (debt).

Neobanking platform Jupiter sees senior-level exits amid cost-cutting drive

Neobanking platform Jupiter sees senior-level exits amid cost-cutting drive

12 Mar 2025, 20:24 PM

Prithvi Raj Tejavath, business head - investments, Vivek Agarwal, operations platform head - investments, and Aastha Sood, director-products have resigned from the Bengaluru-based fintech.

Fintech startup Jupiter sees 5x revenue jump in FY24

Fintech startup Jupiter sees 5x revenue jump in FY24

13 Nov 2024, 00:40 AM

The Peak XV-backed company saw its net losses go down to Rs 275.9 crore in FY24 compared to Rs 327 crore in FY23.

Fintech Highlights

  1. FinBox raises $40 million in Series B round led by WestBridge Capital

  2. Peak XV-backed Groww files revised papers for Rs 7,000 crore IPO

  3. MobiKwik hit by Rs 40 crore fraud involving own merchants, users

  4. RBI secures massive Mumbai land deal to house new office

  5. BeyondSquare Solutions secures $4 million in Series A funding led by Avant Global Corp
  6. Read more news...

AI/Emerging Tech

  1. OpenAI updating ChatGPT to strengthen teen safety measures amid wrongful death lawsuit

  2. AI startup Hyperbound secures Series A funding led by Peak XV

  3. OpenAI ropes in xAI's former CFO as business finance officer

  4. Micro1 raises Series A funding led by VC firm founded by former X executives

  5. OpenAI set for restructure under non-binding deal with Microsoft
  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