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Shutdown

Fintech startup Niro shuts down after raising $20 million

Fintech startup Niro shuts down after raising $20 million

08 Oct 2025, 15:03 PM

According to the company, it built $100mn in AUM in just over 24 months from launch and saw over 170 million users flow through Niro at peak.

Shark Tank startup Plus Gold shuts shop

Shark Tank startup Plus Gold shuts shop

01 Aug 2025, 17:57 PM

The primary challenges that led to Plus Gold's closure included excessive operational expenses and the capital-intensive nature of the gold investment business.

Blume-backed EV financing startup Ohm Mobility shuts down

Blume-backed EV financing startup Ohm Mobility shuts down

25 Jul 2025, 15:53 PM

Announcing the development, Ohm Mobility founder said the company is winding down operations after it failed to scale and sustain the business.

What led Google-backed DotPe to shut down its lending unit

What led Google-backed DotPe to shut down its lending unit

23 May 2025, 03:35 AM

DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…

Who Reads Us

Fintech Highlights

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  2. Bluecopa bags Series A funding led by Analog Partners

  3. UPI in Dec: Broker value rebounds, debt collection ticks up after sharp Sep fall

  4. Digital lender Kissht gets SEBI nod for IPO

  5. Skydo gets final RBI nod for cross-border payment aggregator license

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AI/Emerging Tech

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  2. Meta unveils Meta Compute in AI infra push

  3. Elon Musk's xAI to invest $20 billion to build data centre in Mississippi

  4. OpenAI to acquihire executive coaching AI tool Convogo

  5. Amagi cuts IPO size, eyes $869 million valuation

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IPO Tales

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

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO

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Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

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  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  5. Previous editions...

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  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

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