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Dream Sports pulls plug on wealth platform Dream Money

Dream Sports pulls plug on wealth platform Dream Money

01 Jul 2026, 12:28 PM

While the app will remain accessible until July 30, it will cease functioning thereafter.

Antler-backed Covrzy rejects two M&A offers, opts to shut down

Antler-backed Covrzy rejects two M&A offers, opts to shut down

01 Apr 2026, 17:43 PM

The startup had raised $386,000 from Antler and Shastra VC at the pre-product and pre-business stage.

Neobank Fi closes banking services on its platform

Neobank Fi closes banking services on its platform

12 Mar 2026, 16:48 PM

Fi had launched banking services in partnership with Federal Bank in 2021.

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

  1. Fundamentum rolls out Rs 2,200 crore Fund III to back growth-stage startups

  2. BlackSoil buys Credit Fair's solar financing business

  3. UPI in June: Overall merchant payments fall, digital gold purchase value climbs

  4. PhonePe elevates Srijon Biswas as chief technology officer

  5. B Capital closes $500 million fund
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AI/Emerging Tech

  1. OpenAI launches GPT-5.6 family with three models

  2. Hakimo raises $12 million from existing investors Zigg Capital, Vertex Ventures, others

  3. SpaceXAI launches Grok 4.5

  4. OpenAI unveils real-time Voice AI models under GPT-Live family

  5. Edysor.ai raises pre-seed funding from angel investor
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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
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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
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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]