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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. Pine Labs-owned Setu cofounder Nikhil Kumar exits operational role

  2. WeRize raises pre-Series C funding led by Sony Innovation Fund

  3. Acko strengthens leadership team with four appointments amid IPO plans

  4. Nivasa Finance gets RBI approval for NBFC operations

  5. Zoho, Uber, Paytm, BSE invest in ONDC
  6. Read more news...

AI/Emerging Tech

  1. Titan Capital unveils programme to support India-focused AI startups

  2. Anthropic confidentially files for IPO

  3. Asana buys StackAI

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

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