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ED raids Safexpay, Decentro, others in online investment fraud probe

ED raids Safexpay, Decentro, others in online investment fraud probe

22 Jun 2026, 12:45 PM

As part of the investigation, ED has frozen 129 bank accounts containing balances of Rs 18.4 crore.

After PayU walked away, BillDesk steps in to acquire Worldline

After PayU walked away, BillDesk steps in to acquire Worldline

25 Feb 2026, 13:10 PM

BillDesk is one of the few major payment aggregators in the country with no offline play.

Navi loses Rs 14 crore to payment gateway scam

Navi loses Rs 14 crore to payment gateway scam

22 Jan 2025, 17:20 PM

Scammers posed as customers and misused a bug and cheated the company of Rs 14.26 crore in 14 days in December, 2024.

PhonePe ends partnership with Juspay; plans direct integrations with merchants

PhonePe ends partnership with Juspay; plans direct integrations with merchants

02 Dec 2024, 17:47 PM

Around 15% of PhonePe’s payment gateway volume is currently being processed through Juspay.

Razorpay reports 5x growth in net profit in FY24

Razorpay reports 5x growth in net profit in FY24

05 Nov 2024, 02:38 AM

The company posted profit after tax of Rs 34 crore in FY24 as compared to Rs 7 crore in FY23.

Who Reads Us

Fintech Highlights

  1. BlackSoil buys Credit Fair's solar financing business

  2. UPI in June: Overall merchant payments fall, digital gold purchase value climbs

  3. PhonePe elevates Srijon Biswas as chief technology officer

  4. B Capital closes $500 million fund

  5. PhonePe Insurance CEO Vishal Gupta steps down to start new venture
  6. Read more news...

AI/Emerging Tech

  1. Hakimo raises $12 million from existing investors Zigg Capital, Vertex Ventures, others

  2. SpaceXAI launches Grok 4.5

  3. OpenAI unveils real-time Voice AI models under GPT-Live family

  4. Edysor.ai raises pre-seed funding from angel investor

  5. Alchemic secures pre-seed funding led by AJVC
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

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

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  2. Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]

  3. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  4. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act
  5. Previous editions...

PE/VC Tales

  1. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  2. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  3. Micro VCs: Fueling India's startup pipeline or distorting it?

  4. Inside the fintech and financial services bets of Peak XV, Accel, Elevation
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]