Ajinkya Kawale
 "Ajinkya Kawale")
Ajinkya Kawale
Ajinkya Kawale works as a correspondent for Business Standard, specialising in the emerging fintech industry in India. In addition to his assigned beats, he has had the opportunity to cover 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 passionate about India's infotainment space on YouTube and other OTT platforms. His favourite sections in a library are non-fiction and biographies.
Ajinkya Kawale works as a correspondent for Business Standard, specialising in the emerging fintech industry in India. In addition to his assigned beats, he has had the opportunity to cover 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 passionate about India's infotainment space on YouTube and other OTT platforms. His favourite sections in a library are non-fiction and biographies.
Ajinkya Kawale
India's UPI to be accepted in Cambodia under NPCI-ACLEDA partnership
NPCI International and ACLEDA Bank have partnered to enable UPI and KHQR acceptance in India and Cambodia, offering tourists secure, interoperable and seamless QR-based payments
 "India's UPI to be accepted in Cambodia under NPCI-ACLEDA partnership")
Dream11 making a 'hard pivot' to sports entertainment space: CEO Jain
Dream11 is shifting from fantasy gaming to a second-screen sports entertainment platform, betting on ads and paid shoutouts to creators, CEO Harsh Jain said, after the Centre's ban on real money games
 "Dream11 making a 'hard pivot' to sports entertainment space: CEO Jain")
Won't require more tech-related headcount: Pine Labs' B Amrish Rau
Fintech firm posts second consecutive PAT-positive quarter, plans to maintain tech headcount at 1,000 while boosting software revenues
 "Won't require more tech-related headcount: Pine Labs' B Amrish Rau")
Digital NBFCs record nearly half of all outstanding personal loans
Digital non-banking financial companies (NBFCs) account for 49 per cent of outstanding personal loan volumes, but only 8 per cent of the value as of September
 "Digital NBFCs record nearly half of all outstanding personal loans")
Q2 earnings: Pine Labs posts ₹5.97 crore net profit, revenue up 18%
The company's revenue from operations grew 17.82 per cent to Rs 649.9 crore in Q2 FY26 from Rs 551.57 crore in Q2 FY25
Dream Sports open-sources core stack under Dream Horizon to aid scale
Dream Sports' Dream Horizon will release its in-house tech stack-tested at peak scale-to help developers and startups build large systems, as the company refocuses after the real-money gaming ban
 "Dream Sports open-sources core stack under Dream Horizon to aid scale")
CoinDCX says some user data exposed in breach at third party; funds safe
Indian crypto exchange says breach was at its US-based analytics vendor Mixpanel
 "CoinDCX says some user data exposed in breach at third party; funds safe")
Netbanking switch to provide better visibility into transactions: NBBL CEO
NBBL's Banking Connect aims to streamline netbanking by standardising bank-aggregator ties, giving regulators better visibility and improving settlement, success rates and grievance management
 "Netbanking switch to provide better visibility into transactions: NBBL CEO")
Navi aims to become a major UPI player as it scales credit line offerings
Rajiv Naresh, MD and CEO, Navi, says the fintech aims to capture a significant share of the UPI ecosystem by investing in credit line products, strengthening tech infra, and customer awareness
 "Navi aims to become a major UPI player as it scales credit line offerings")
Paytm gets final nod from RBI to operate as a payment aggregator
PPSL, a subsidiary of One 97 Communications, has received RBI's final authorisation to operate as a payment aggregator, enabling unrestricted merchant onboarding after earlier curbs were lifted
 "Paytm gets final nod from RBI to operate as a payment aggregator")
Juspay, Sabre Direct Pay partner to drive payments for travel merchants
Juspay has partnered with Sabre Direct pay to modernise global travel payments, offering local methods, faster checkout, cross-border capabilities, and enhanced security through tokenisation
 "Juspay, Sabre Direct Pay partner to drive payments for travel merchants")
BHIM launches full delegation feature for UPI Circle to net more users
The feature will allow primary users to authorise their trusted secondary contacts to make UPI payments from their account, subject to a maximum monthly limit of ₹15,000
 "BHIM launches full delegation feature for UPI Circle to net more users")
PayU India nears breakeven in H1 FY26 as Prosus backs profitable growth
Prosus says PayU India is sharpening its focus on higher-margin services, improving cost discipline, and leveraging payments, VAS, and SaaS to move towards sustainable profitability in H1 FY26
 "PayU India nears breakeven in H1 FY26 as Prosus backs profitable growth")
Took phased approach before restarting platform: WazirX CEO Nischal Shetty
After a long restructuring and a court-approved restart, WazirX focuses on security upgrades, user recovery and ongoing legal disputes
 "Took phased approach before restarting platform: WazirX CEO Nischal Shetty")
UPI set to interlink with European instant payment system TIPS: RBI
UPI will be linked with Europe's tips system to enable faster, low-cost cross-border payments between India and the Euro area, with RBI and ECB starting work on technical integration
Paytm nears pre-curbs UPI levels, still playing catch-up on market share
Paytm logged 1.52 billion UPI transactions in October - its strongest in 20 months - yet its market share stayed below early 2024 levels as overall UPI volumes surged across the ecosystem
 "Paytm nears pre-curbs UPI levels, still playing catch-up on market share")
Stan secures investment from Sony Innovation Fund in Series A round
Social gaming platform Stan has added Sony Innovation Fund to its Series A round, taking total fundraising to $10.5 million as it ramps up AI-led personalisation, creator tools and global expansion
 "Stan secures investment from Sony Innovation Fund in Series A round")
Easebuzz secures authorisation to operate as full-stack payment aggregator
Fintech firm Easebuzz has received RBI approval to function as a full-service payment aggregator, enabling online, offline and cross-border payment capabilities across its merchant network
 "Easebuzz secures authorisation to operate as full-stack payment aggregator")
Yubi Group raises ₹411 crore to fund global expansion and AI investments
Yubi Group has secured Rs 411 crore through structured debt and fresh equity, enabling the fintech firm to expand into global markets
 "Yubi Group raises ₹411 crore to fund global expansion and AI investments")
Infibeam Avenues, PayU receive RBI authorisation to operate as PA-P
Infibeam Avenues, PayU have received RBI approval to operate as physical payment aggregators, enabling them to deploy PoS devices and expand their offline payments footprint
 "Infibeam Avenues, PayU receive RBI authorisation to operate as PA-P")
