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Setu

Pine Labs-owned Setu cofounder Nikhil Kumar exits operational role

Pine Labs-owned Setu cofounder Nikhil Kumar exits operational role

04 Jun 2026, 03:10 PM

Kumar launched Setu in 2018 alongside Sahil Kini after previously cofounding customer feedback startup Voyce.

Pine Labs-owned Setu to take full ownership of account aggregator Agya Technologies

Pine Labs-owned Setu to take full ownership of account aggregator Agya Technologies

20 Jan 2026, 08:19 PM

Pine Labs currently holds approximately 25% stake in Agya Technologies.

Fintech founders shaping policy; India on AI map?

Fintech founders shaping policy; India on AI map?

01 Sep 2025, 11:41 AM

In today's newsletter we have our take on Sahil Kini's shift from startup founder to policymaker, and India's journey towards potentially becoming the third pole in the AI universe.

Westbridge Capital-backed Credgenics acquires Arrise

Westbridge Capital-backed Credgenics acquires Arrise

19 Aug 2025, 12:30 PM

The combined entity now aims to achieve joint annual revenue of Rs 850 crore within the next three-year period.

Pine Labs-owned Setu ropes in Razorpay, PhonePe, PayU execs for key roles

Pine Labs-owned Setu ropes in Razorpay, PhonePe, PayU execs for key roles

25 Jul 2025, 02:48 PM

The Bengaluru-based API infra company Setu has appointed former Razorpay executive Prashanth Nimmagada as its chief technology officer.

Sahil Kini appointed as CEO of Reserve Bank Innovation Hub

Sahil Kini appointed as CEO of Reserve Bank Innovation Hub

07 Jul 2025, 11:37 AM

Kini will replace Rajesh Bansal, the founding CEO of the Reserve Bank Innovation Hub.

Who Reads Us

Fintech Highlights

  1. GetVantage secures Series A1 funding led by Rajeev Ahuja, SanRaj Group

  2. InRisk Labs raises Series A funding led by Bessemer and Northpoint Capital

  3. Government introduces Bill to enable future changes to MDR on UPI, RuPay debit cards

  4. Fundamentum doubles down as Stable Money kicks off Series C fundraising

  5. Avanse Q1 FY27 standalone revenue up 18% to Rs 760 crore
  6. Read more news...

AI/Emerging Tech

  1. Capillary Technologies Q1 FY27 revenue up 43% to Rs 256 crore

  2. Former Swiggy, Zomato execs' AI startup Profound bags seed funding

  3. Kily bags Rs 30 crore funding led by Sorin Investments

  4. Sarvam AI raising $74 million in extended Series B funding led by Nvidia

  5. Drone startup SUIND bags seed funding led by Transition VC
  6. Read more news...

IPO Tales

  1. Cult.fit IPO: A leaner business, but can the fitness startup justify its valuation?

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

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

  4. Shiprocket IPO: A profitable core, costly emerging bets
  5. Read more news...

Money & Machines

  1. Money & Machines: Postpaid is back. The golden era isn't; What Sarvam's Chaplot bet signals

  2. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  3. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  4. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge
  5. Previous editions...

PE/VC Tales

  1. Elevation Capital offloads Paytm stake worth Rs 2,038 crore via bulk deals

  2. Peak XV, Elevation Capital offload Meesho shares worth Rs 1,949 crore via block deals

  3. Inside the fintech bets of Blume Ventures

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