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Rahul Chari

Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

02 Feb 2026, 13:02 PM

In this edition, we look into General Atlantic's bet on PhonePe; and why investors are backing startups that want to use voice AI amid spam calls rise.

OpenAI strikes partnership with PhonePe as it seeks to deepen India presence

OpenAI strikes partnership with PhonePe as it seeks to deepen India presence

14 Nov 2025, 12:03 PM

In October, OpenAI also partnered with National Payments Corporation of India (NPCI) and PhonePe's rival Razorpay.

PhonePe gets final payment aggregator licence from RBI

PhonePe gets final payment aggregator licence from RBI

19 Sep 2025, 22:20 PM

The approval comes more than two years after the fintech giant first secured in-principle approval from the RBI.

PhonePe becomes public entity ahead of its $15-billion IPO

PhonePe becomes public entity ahead of its $15-billion IPO

20 Apr 2025, 21:08 PM

The firm's name has now been updated from “PhonePe Private Limited” to “PhonePe Limited”.

Who Reads Us

Fintech Highlights

  1. PB Fintech cofounders offload shares worth Rs 665 crore via block deals

  2. AvenuesAI FY26 revenue from operations doubles to Rs 8,115 crore

  3. Altimeter Capital sells Pine Labs shares worth Rs 211 crore via block deal

  4. Supreme Court upholds retrospective 28% GST on online gaming platforms

  5. Kissht FY26 revenue from operations jumps 63% to Rs 2,179 crore
  6. Read more news...

AI/Emerging Tech

  1. Asana buys StackAI

  2. Anthropic overtakes OpenAI as most valuable AI startup with $65 billion funding

  3. Fundamentum's Ashish Kumar launches Rs 2,000 crore AI and deeptech fund F2A

  4. Anthropic strengthens India leadership with Sangeeta Bavi and Siddiq Zaman appointments

  5. Shastra VC rolls out $100 million fund to invest in AI, deeptech startups
  6. Read more news...

IPO Tales

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

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

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

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

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

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  5. Previous editions...

PE/VC Tales

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

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

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  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]