Ajinkya Kawale

Peak XV Partners has closed $1.3 bn across three funds-its first independent raise since parting from Sequoia-targeting AI, fintech, consumer tech and deeptech ventures in India and APAC

NPCI is working on an SMS-less, silent device-binding process for UPI to improve security and onboarding, with rollout expected over the next 12-18 months

A viral moment at the India AI Summit underscored tensions between OpenAI's Sam Altman and Anthropic's Dario Amodei as both firms battle for dominance in the fast-moving AI landscape

NPCI will use Nvidia's Nemotron open models to develop a sovereign, payments-focused AI foundation model aimed at enhancing trust, resilience and scalability across India's payments network

ToneTag raised $5 million from Qualcomm Ventures to expand its AI-driven, sound-based payment technology globally, building on rapid scale and billions in monthly transaction value

The Pre-Series C round saw the participation of investors like Z47, RTP Global, and Fundamentum Partnership

Fintechs, NPCI are deepening AI integration across India's payments stack, from agentic interfaces and conversational payments to domain-specific LLMs designed to streamline disputes and transactions

For the first time in India, an at-scale, OTP-less authentication framework will allow users to complete credit and debit card transactions

Automating tasks won't overhaul data estates, security frameworks: Experts

Government-backed payments app processes 172 million UPI transactions in January, overtakes Cred and Amazon Pay on leaderboard

Infibeam Avenues, now AvenuesAI, posts 15% rise in Q3FY26 net profit as revenue from operations more than doubles to Rs 2,381 crore

Series F round led by Neo Asset Management will help risk and identity platform pursue acquisitions and strengthen its presence in key overseas markets

RBI's Digital Payments Index climbed to 516.76 in September 2025 from 465.33 a year earlier, driven by gains in payment performance and enablers

RBI's ULI onboards 89 lenders, supports 12+ digital loan journeys, enabling MSME, agri and retail credit via common tech infrastructure

Payments infrastructure unicorn Juspay is expanding into the Middle East as the company announced the opening of its regional headquarters in the Dubai International Financial Centre (DIFC)

Fintech firm Cashfree Payments' co-founder Reeju Datta says cross-border segment is the fastest-growing, and operates on a higher margin than domestic transactions

UIDAI is exploring setting up a fund to back seed-stage start-ups building innovative Aadhaar-based solutions, aimed at improving the quality, security and trustworthiness of the system

The Game Developers Association of India has formed a 21-member governing council to strengthen governance, policy engagement, skilling initiatives and original IP creation in gaming

Dream Money, the fintech arm of Dream Sports, has integrated with the ONDC network to enable nationwide mutual fund distribution, signalling a sharper focus on investment products

A new survey shows online scams are widespread in India, with most users encountering fraud attempts daily and many falling prey to impersonation, QR code traps and emerging deepfake threats