Paytm

Meta hires Apple

Meta hires Apple's top AI executive to beef up superintelligence team: report

08 Jul 2025, 17:59 PM

Ruoming Pang had joined Apple in 2021 and in his current role was leading the foundation model team at the tech giant.

Capgemini to buy WNS for $3.3 billion in Agentic AI push

Capgemini to buy WNS for $3.3 billion in Agentic AI push

07 Jul 2025, 18:09 PM

Aiman Ezzat, CEO, Capgemini, underlined that enterprises are rapidly adopting Generative AI and Agentic AI to transform their operations end-to-end.

MobiKwik enters stock broking business

MobiKwik enters stock broking business

03 Jul 2025, 16:31 PM

SEBI has issued the certificate of registration to operate as “stock broker/clearing member” to Mobikwik Securities Broking Pvt Ltd.

Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

03 Jul 2025, 16:26 PM

The development comes few days after PB Fintech co-founders Yashish Dahiya and Alok Bansal dumped Rs 900 crore worth of shares.

American Express to discontinue Amex Pay from July 31

American Express to discontinue Amex Pay from July 31

02 Jul 2025, 01:07 AM

American Express announced that customers can use Amex Pay only till July 30, 2025.

Regtech startup Zango AI secures $4.8 million funding from Nexus, others

Regtech startup Zango AI secures $4.8 million funding from Nexus, others

01 Jul 2025, 19:44 PM

The startup will use the fresh investment to expand its team in Bengaluru and London.

Manipal Payment and Identity Solutions files draft papers for IPO via confidential route: report

Manipal Payment and Identity Solutions files draft papers for IPO via confidential route: report

01 Jul 2025, 16:40 PM

The company aims to raise around Rs 1,200 crore via the IPO, which will comprise of primary and secondary components.

Jio Financial pumps Rs 190 crore into payments bank

Jio Financial pumps Rs 190 crore into payments bank

27 Jun 2025, 11:32 AM

The move follows its recent buyout of State Bank of India’s 17.8% stake for Rs 104.54 crore, giving JFSL complete ownership of the bank.

Net1 exits MobiKwik after 8-year investment, books a loss

Net1 exits MobiKwik after 8-year investment, books a loss

27 Jun 2025, 11:21 AM

The firm had initially invested $40 million (approximately Rs 270 crore back in 2016) in MobiKwik, which was then seen as the closest rival to Paytm.

PB Fintech co-founders sell over Rs 900 crore worth of shares

PB Fintech co-founders sell over Rs 900 crore worth of shares

27 Jun 2025, 11:13 AM

Following the transaction, PB Fintech's Yashish Dahiya's stake dropped from 4.31% to 3.57%, while Alok Bansal’s holding declined to 1.04% from 1.40%.

Pine Labs files draft papers for IPO

Pine Labs files draft papers for IPO

26 Jun 2025, 16:37 PM

The public offer comprises of fresh issue of shares worth Rs 2,600 crore ($304 million) and an offer for sale (OFS) of up to 14.78 crore shares.

Pazy secures pre-seed funding led by Inuka Capital

Pazy secures pre-seed funding led by Inuka Capital

26 Jun 2025, 12:36 PM

The Bengaluru-based startup will use the fresh capital to boost its product capabilities, strengthen it ecosystem integrations, and grow the platform to Rs 10,000 crore in annual spend under management over the next year.

NPCI profit jumps 42% to Rs 1,552 crore in FY25

NPCI profit jumps 42% to Rs 1,552 crore in FY25

25 Jun 2025, 13:02 PM

NPCI's standalone revenue grew 19% to Rs 3,270 crore in FY25 from Rs 2,749 crore in the previous financial year.

PayU India

PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

23 Jun 2025, 19:14 PM

PayU India's adjusted earnings before interest and taxes (EBIT) loss rose by 38% to $44 million during FY25 from $32 million in FY24.

At a Glance: Razorpay

At a Glance: Razorpay's M&A activity since its first acquisition in 2019

18 Jun 2025, 22:35 PM

The Head and Tale looks back at those deals struck by Razorpay as the company readies itself for an initial public offering (IPO) in the coming years.

Fintech Highlights

  1. Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

  2. Avanse Financial Services raises $200 million in debt via ECB

  3. Motilal Oswal Mutual Fund hikes stake in Paytm

  4. Kiwi raising Series B funding led by Vertex

  5. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue
  6. Read more news...

AI/Emerging Tech

  1. Google inks cloud computing deal worth $10 billion with Meta

  2. OpenAI's chief people officer Julia Villagra steps down

  3. OpenAI set to open its first India office

  4. Robotics startup FieldAI raises $405 million from Nvidia's VC arm, others

  5. Meta hits pause on hiring for AI division
  6. Read more news...

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