Explore the latest news, in-depth reports, and executive analysis tagged with #Paytm.
The round also saw participation from WYSER, CDM Capital and Seedstars.
The round also saw participation from Premji Invest and existing investors Peak XV Partners, GV and Y Combinator.
Manish was arrested on April 17, 2026 by the Directorate General of GST Intelligence (DGGI), Ghaziabad Unit, under multiple provisions of the CGST Act, 2017.
The startup will use the fresh capital to expand its global team of AI specialists and engineers, invest in proprietary technology and AI-native delivery capabilities, among others.
Z47's fintech portfolio has seen mixed outcomes, with some companies struggling for traction, reflecting the ecosystem's "middle journey" as described in its report.
Fairfax has also proposed bringing its interests in Go Digit Life Insurance, Go Digit General Insurance and IIFL Capital Services under IDBI Bank.
The round also included participation from IPV, LetsVenture, Launch Capital, AVNM Ventures and Navyug Global Ventures.
The Bengaluru-based startup will use the fresh capital to advance Mission Synapse, a 12-month programme to demonstrate its satellite connectivity, in-orbit computing and power technologies.
Prior to this funding round, RevRag AI had secured $600,000 in a pre-seed round led by Powerhouse Ventures in August 2024.
Digital gold purchases value via UPI increased to Rs 2,585.35 crore in September from Rs 2,488.52 crore in August.
The UPI MDR rollout, which was announced from October 15, will be implemented post Diwali.
Meta described the models as its most capable AI models to date, designed to handle complex tasks for personal and professional use.
The fund is targeting a total corpus of Rs 1,500 crore, including a green-shoe option, with NABARD as its anchor investor.
The company, however, added that it remained adjusted EBITDA positive at Rs 33 crore, excluding non-cash ESOP costs.
![UPI MDR Delay: PhonePe meets govt officials; NPCI Steering Committee Meeting cancelled today [Exclusive]](/upload/theheadandtale.com/2026/10/1791547094_aa1c7337de_upi_2.jpg)
With NPCI also holding meetings with government departments, uncertainty over the October 15 rollout continues, sources say.
The funding round also saw participation from Stargazer.
The proposed introduction of a Merchant Discount Rate (MDR) on UPI transactions, which was starting from October 15, is likely to be deferred to January.
The funding round also saw participation from existing investor Invention Engine.
The startup will use the fresh capital to expand its wealth and investment teams, strengthen its technology platform and build its investor education ecosystem.
UPI's new 0.4% MDR grabbed headlines, but the real story is who profits. By our estimates, the top three UPI apps could get up to 40% of the MDR split.
