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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).

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.

Zaggle buys Rio Money to enter credit card on UPI space

Zaggle buys Rio Money to enter credit card on UPI space

29 Jul 2025, 20:29 PM

Zaggle will leverage Rio Money's network of over 3,400 corporate customers to offer the co-branded Yes Bank Rio RuPay Credit Card to over 3.2 million users.

Zaggle to acquire 45.33% in PoS firm Effiasoft for Rs 36.72 crore

Zaggle to acquire 45.33% in PoS firm Effiasoft for Rs 36.72 crore

28 Mar 2025, 20:51 PM

Zaggle said it received the approval from its board to acquire the stake from Effiasoft cofounders Koushik Shee and Akula Krishna Rao.

Zaggle posts 64% jump in Q2 FY25 revenue; net profit up by 145%

Zaggle posts 64% jump in Q2 FY25 revenue; net profit up by 145%

14 Nov 2024, 01:13 AM

The net profit reached Rs 18.5 crore during the quarter compared to Rs 7.78 crore reported in Q2 FY24.

Who Reads Us

Fintech Highlights

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  3. Info Edge commits Rs 250 crore to new growth fund

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  5. Finanjo Ventures bags pre-seed funding led by AJVC
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AI/Emerging Tech

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  3. Voice AI startup Origa bags funding led by Antler Singapore

  4. Constelli secures $20 million in Series A funding led by General Catalyst

  5. SuperProcure raises fresh funding led by Pentathlon Ventures
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IPO Tales

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

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

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

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
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Money & Machines

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  3. The Wegofin episode; India's AI optics vs spending reality

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PE/VC Tales

  1. TDV Partners bullish on consumer over AI, plans bigger fund

  2. Peak XV top partners exit, a key retention marks a week of upheaval

  3. Silverneedle eyes 10x larger second fund, plans first semiconductor bet

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