Ajinkya Kawale

Ajinkya Kawale

Ajinkya Kawale is a correspondent with Business Standard, specialising in the emerging fintech industry in India. He has also covered agrarian distress in Maharashtra and political developments during the Lok Sabha election season. He holds a postgraduate degree in multimedia journalism from Christ University in Bengaluru. He is a keen follower of India's infotainment space on YouTube and other OTT platforms, apart from non-fiction and biographies in their printed versions.

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Ajinkya Kawale

PE/VC investments decline 36% to $20.45 bn in first half of CY2026

Private equity and venture capital investments fell 36 per cent in the first half of 2026, while exits declined 29 per cent amid weaker deal activity, EY-IVCA report showed

Updated On: 31 Jul 2026 | 11:10 PM IST

Payments monetisation tough, but here for the long term: NTT Data Payments

NTT Data says India remains its most important payments market despite zero MDR challenges, as it expands Adaptis and invests in value-added payment solutions

Updated On: 30 Jul 2026 | 11:43 PM IST

Just 10 Indians command nearly a fifth of ₹104 trn wealth: 360 One report

Joint report by 360 One and Crisil Intelligence identifies 3,040 Indians with wealth of at least ₹425 crore, with entrepreneurs dominating the list

Updated On: 29 Jul 2026 | 8:54 PM IST

Google Pay launches second cobranded credit card, partners with SBI Card

Company also integrates Google Gemini into the app to help users analyse spending, track savings and understand financial concepts such as credit scores

Updated On: 29 Jul 2026 | 8:33 PM IST

Paytm Payments Bank to be wound down after Delhi High Court order

The RBI said the Delhi High Court has ordered the winding up of Paytm Payments Bank (PPBL) following the central bank's petition and cleared the appointment of Nair as the official liquidator

Updated On: 28 Jul 2026 | 8:42 PM IST

Pine Labs posts ₹19.6 crore Q1 FY27 profit as revenue rises nearly 20%

The fintech reported a four-fold rise in first-quarter profit despite a higher effective tax rate, while revenue growth was supported by investments in sales and merchant expansion

Updated On: 28 Jul 2026 | 7:48 PM IST

BharatPe, Centrum Financial Services lock horns over Unity SFB capital move

Court restrains lender from taking up authorised share capital increase without BharatPe's approval as shareholders dispute warrant conversion and potential stake dilution

Updated On: 28 Jul 2026 | 12:02 AM IST

Crypto exchanges, companies welcome new crypto-asset reporting framework

CBDT's Crypto-Asset Reporting Framework sets tax reporting norms for crypto firms from 2026, boosting transparency and paving the way for a clearer regulatory framework

Updated On: 27 Jul 2026 | 10:54 PM IST

Facing roadblocks: The checkout question for AI commerce in India

Marketplaces fear autonomous agents could bypass discovery and recommendations

Updated On: 26 Jul 2026 | 11:24 PM IST

Call for change: UPI Meta plan draws pushback from smaller players

In a joint representation, smaller payment apps urged NPCI to widen consultations, warning the proposed checkout framework could entrench the dominance of larger rivals

Updated On: 23 Jul 2026 | 11:48 PM IST

We underwrite the Indian consumer, not market cycles: Temasek's Ravi Lambah

Temasek plans to invest another $9-10 billion in India, betting on consumer-led growth, AI applications, healthcare, financial services and renewable energy

Updated On: 22 Jul 2026 | 10:53 PM IST

Payments firms build AI commerce rails, but ecom platforms stay guarded

Payments companies are building rails for autonomous AI-led shopping, but ecommerce platforms remain wary of losing control over discovery, recommendations and margins

Updated On: 22 Jul 2026 | 8:38 PM IST

Paytm builds ₹13,529 crore cash pile, eyes organic growth and acquisitions

The fintech firm said it is prioritising organic investments while remaining open to acquisitions at the right valuation as its cash balance rose to Rs 13,529 crore in Q1 FY27

Updated On: 21 Jul 2026 | 10:25 PM IST

Over 95% of post-restart trading activity came from returning users: WazirX

Crypto exchange says most trading in H1CY26 came from returning users, with one in seven adding fresh capital as it expands products following its October 2025 restart

Updated On: 21 Jul 2026 | 9:46 PM IST

Cashfree Payments offers zero payment gateway fees to woo new merchants

Cashfree Payments will waive gateway fees on the first Rs 20 lakh of GMV for new merchants as it aims to double its SMB base to 2 million by the end of FY27

Updated On: 21 Jul 2026 | 7:54 PM IST

Soon, tap & pay offline via UPI: To work where internet isn't available

This opens up use-cases such as payments on flights and underground trains

Updated On: 20 Jul 2026 | 11:22 PM IST

Paytm posts ₹220 crore net profit in Q1, revenue from operations up 27.6%

Paytm's Q1FY27 net profit rose 79 per cent year-on-year to Rs 220 crore, while revenue from operations grew 27.6 per cent. The board also approved changes to the utilisation of IPO proceeds

Updated On: 20 Jul 2026 | 11:02 PM IST

Scapia rolls out maiden ₹20 crore ESOP buyback, two months after fundraise

The travel fintech startup will allow eligible employees to monetise up to 10 per cent of their vested stock options after raising $63 million in a Series C funding round

Updated On: 20 Jul 2026 | 10:37 PM IST

Banks live on UPI rise nearly fivefold to 731 between 2020 and 2026

UPI added 576 banks over six years as digital payments adoption widened, helping the platform process 22.71 billion transactions in June 2026

Updated On: 17 Jul 2026 | 7:25 PM IST

India's fintech sector raises $2 bn in H1 2026, led by late-stage funding

Funding in India's fintech sector rose 42 per cent year-on-year to $2 billion in H1 2026, with late-stage companies accounting for four-fifths of the total capital raised

Updated On: 16 Jul 2026 | 10:58 PM IST