#Harshvardhan Lunia

Mirae Asset Venture Investments marks first close of new fund at Rs 1,125 crore

BharatPe gets interim relief against Unity Bank, Centrum in shareholding dispute

BharatPe objected to Unity Bank's proposal that sought to amend the MoA to facilitate the conversion of some 90 crore warrants into CCPS.

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

In today's edition, we write on Ashneer Grover's third attempt at Third Unicorn in three years; and why investors are betting on India's AI-native travel startups...

Paytm shelves bonus share proposal, commits Rs 100 crore to Paytm Money

The capital infusion in Paytm Money will be used towards technology investments, regulatory capital requirements and expanding the company's investment and wealth management offerings.

Emergent raises Series C funding round led by Creaegis at unicorn valuation

The funding round saw participation from Claypond, Sentinel Global, Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator.

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

Online marketplaces saw growth both in terms of volume and value in June 2026, according to NPCI data.

Mowito raises pre-seed funding led by Version One Ventures

The round also saw participation from All In Capital, Unisol, iSeed, and angel investors including Soumith Chintala, Adarsh Kulkarni, Ashish Kulkarni, and Vaibhav Domkundwar of Better Capital.

NPCI chief Dilip Asbe appointed to Swift's global supervisory board

Asbe's appointment received shareholder approval at Swift's recent annual general meeting and is expected to receive regulatory clearance in October.

Sarvam AI enters unicorn club with $234 million funding led by HCLTech

Venture capital firm Bessemer Venture Partners joined the cap table as a new investor, while existing backers Khosla Ventures and Peak XV Partners also participated in the funding round.

UPI in May: Broker, digital gold transaction value fall

The total value of merchant category-wise purchases through the Unified Payments Interface (UPI) increased to Rs 8.72 lakh crore across 14,721.30 million transactions in May 2026.

UPI in April: Digital gold purchases value drop over 20%

UPI transactions across merchant categories witnessed a marginal decline in April 2026, with the total transaction volume slipping month-on-month to 14,110.22 million from 14,180.46 million in March.

Elevation Capital sells Paytm shares worth Rs 964 crore in block deal

Goldman Sachs, Societe Generale, and Citigroup Global Markets were major participants in the block deal, collectively acquiring a 1.34% stake in Paytm.

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

When it comes to investments in AI, Kae will not be looking at foundational models, research labs or frontier labs.

Skyroot Aerospace becomes India’s first spacetech unicorn after $60 million fundraise

The funding round was co-led by Sherpalo Ventures and Singapore's sovereign wealth fund GIC.

UPI in March: Marketplaces, family clothing shops post over 20% growth

The overall value of the merchant category-wise purchases via UPI increased to Rs 8.61 lakh crore in March across 14,180.46 million transactions.

KRAFTON, Naver partner with Mirae Asset to launch Rs 6,000 cr India growth tech fund

Beyond capital, the fund aims to offer portfolio companies strategic guidance and domain expertise from KRAFTON's gaming and platform experience and Naver's product and AI capabilities.

Users can now check credit score on BHIM app

NPCI BHIM Services Ltd, in partnership with TransUnion CIBIL, will give BHIM app users access to their credit scores.

RBI returns Ujjivan SFB's application to transition into universal bank

However, there is scope for filing the application for the universal bank again.

Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

In today’s edition of Money & Machines, we bring to you the honest opinions, critical notes and the whispers gathered on the sidelines of biggest fintech “mela" in the world.

Reliance's startup moment; Amazon, Flipkart's NBFC play

Sept 5th Edition: We track Mukesh Ambani’s entry into a novel business that even big tech businesses are trying to make sense of; and the country’s top marketplaces’ credit bet.