Ppi

Behind the fallout at InfoEdge-backed Shoppin: Termination, lawsuits, and a funding twist

Behind the fallout at InfoEdge-backed Shoppin: Termination, lawsuits, and a funding twist

12 Nov 2025, 23:33 PM

In July this year, Shoppin co-founder Utsav Soi filed a petition accusing co-founder Shlok Bhartiya and Info Edge of "oppression and mismanagement."

Junio gets RBI approval to operate as PPI provider

Junio gets RBI approval to operate as PPI provider

06 Nov 2025, 12:50 PM

The approval paves the way for Junio to roll out a digital wallet service integrated with the Unified Payments Interface (UPI).

Exclusive: UAE Regulator holds back key Paytm licence

Exclusive: UAE Regulator holds back key Paytm licence

25 Oct 2025, 12:18 PM

Paytm had applied to the Central Bank of the UAE for two licences — one covering acquiring and domestic payments, and another for a wallet-type product.

RBI imposes Rs 21 lakh penalty on PhonePe for compliance lapses

RBI imposes Rs 21 lakh penalty on PhonePe for compliance lapses

12 Sep 2025, 20:06 PM

The RBI said, in an order dated September 10, 2025, a penalty was imposed on PhonePe for non-compliance with certain norms related to PPIs.

RBI allows PPI holders to make UPI payments using third party apps

RBI allows PPI holders to make UPI payments using third party apps

27 Dec 2024, 22:22 PM

Currently, UPI payments from/to a bank account can be carried out using the UPI application of that bank or of any third-party application provider.

Cashfree reports Rs 135 crore in losses in FY24

Cashfree reports Rs 135 crore in losses in FY24

05 Nov 2024, 02:55 AM

The Bengaluru-based payments firm faced a year long ban on new merchant onboarding.

Who Reads Us

Fintech Highlights

  1. Knight Fintech raises Series A funding led by Accel

  2. Arya.ag raises Series D funding from GEF Capital Partners

  3. PayNearby gets UPI TPAP licence from NPCI

  4. Prosperr.io raises $4 million in seed funding led by Jungle Ventures

  5. Mswipe receives final payment aggregator license from RBI
  6. Read more news...

AI/Emerging Tech

  1. Meta to acquire Chinese founded AI startup Manus

  2. Flipkart acquires majority stake in AI startup Minivet AI

  3. Amazon in talks to invest $10 billion in OpenAI

  4. OpenAI upgrades ChatGPT model within a month as competition from Google intensifies

  5. India proposes AI companies to pay royalties for using copyrighted work
  6. Read more news...

IPO Tales

  1. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO
  5. Read more news...

Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar