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OpenAI warns against unauthorized investment vehicles

OpenAI warns against unauthorized investment vehicles

25 Aug 2025, 12:07 PM

The warning comes as investors have increasingly used SPVs to buy stake in AI startups.

Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

13 Aug 2025, 02:14 AM

Jio's payment aggregator arm, led by ICICI Bank veterans, is tapping deep banking ties and Reliance's war chest to take on India's biggest fintech players.

AI agent enablr Composio raises $25 million in Series A

AI agent enablr Composio raises $25 million in Series A

23 Jul 2025, 11:50 AM

The startup will use the fresh capital to develop its learning infrastructure for its agentic AI offerings and expand its team.

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.

Mswipe posts flat revenue in FY24; payments biz turns profitable

Mswipe posts flat revenue in FY24; payments biz turns profitable

02 Jan 2025, 18:14 PM

On consolidated basis, Mswipe saw marginal fall in its losses at Rs 46.2 crore in FY24, from Rs 49 crore reported in FY23.

Mosambee FY24 profit surges 86% to Rs 28 crore

Mosambee FY24 profit surges 86% to Rs 28 crore

05 Dec 2024, 17:09 PM

Mosambee's profits grew by 86.7% to Rs 28 crore in FY24, from Rs 15 crore reported in the previous financial year.

Innoviti ropes in Nish Kotecha to its advisory board

Innoviti ropes in Nish Kotecha to its advisory board

21 Nov 2024, 17:46 PM

Nish Kotecha will guide the digital payments company in its IPO planned in the next 12 months.

BharatPe rebrands 12%Club as Invest BharatPe

BharatPe rebrands 12%Club as Invest BharatPe

05 Nov 2024, 02:13 AM

The new investment app hosts two offerings – digital gold and fixed deposits.

Exclusive: ICICI Bank

Exclusive: ICICI Bank's new merchant acquiring strategy

08 Aug 2024, 10:49 AM

In what you can call “the empire strikes back”, a senior banker sees this development signalling a new market trend of traditional financial institutions...

Fintech Highlights

  1. BharatPe partners with Unity Small Finance Bank for EMI-driven credit card

  2. Stock broker Groww gets Sebi nod for $1 billion IPO

  3. PCI Security Standards Council sets up first India-South Asia regional engagement board

  4. Aye Finance net profit halves to Rs 30 crore in June quarter

  5. TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners
  6. Read more news...

AI/Emerging Tech

  1. Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

  2. Google to invest additional $9 billion to expand Virginia data center network through 2026

  3. OpenAI's evaluation shows rival Anthropic' Claude models less hallucinatory

  4. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  5. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC
  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