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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, 15:10 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, 20:19 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, 14:48 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. Accel-backed Scripbox elevates Mohankumar Swaminathan to Chief Product Officer

  2. Avendus invests Rs 140 crore in Parag Parikh Financial Advisory Services

  3. Elevation Capital closes ninth India-focused fund at $500 million

  4. NABARD, NSDC roll out ‘Gramodyam’ to boost rural entrepreneurship

  5. Indifi raising fresh funding of Rs 79 crore led by existing backer ICICI Venture

  6. Read more news...

AI/Emerging Tech

  1. Dailoqa hires former Microsoft India BFSI country head Sonali Kulkarni as partner

  2. Apple files lawsuit against OpenAI over alleged theft of product secrets

  3. OpenAI Applications Chief Fidji Simo steps down

  4. OpenAI launches GPT-5.6 family with three models

  5. Hakimo raises $12 million from existing investors Zigg Capital, Vertex Ventures, others
  6. Read more news...

IPO Tales

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

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

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

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  2. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  3. Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]

  4. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze
  5. Previous editions...

PE/VC Tales

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

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

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

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