Page 15 - Ajinkya Kawale

Fintech POP raises $30 mn from Razorpay to build loyalty-first model

POP to use Razorpay's $30 million investment to drive innovation, expand rewards ecosystem, and deepen merchant ties in the fast-growing D2C payments segment

Commuters feel pinch as bike-taxi firms halt ops after Karnataka HC order

Not just the customers, bike-taxi drivers are also left stranded as many depended on the service for their livelihood

Nazara launches Pokerverse VR, enters immersive gaming with poker

Developed by YesGnome and published by Nazara, Pokerverse VR is a multiplayer poker game built for Meta Quest and Apple Vision Pro as Nazara eyes immersive gaming growth

CtrlS Datacenters partners with BSE to power digital infrastructure

CtrlS Datacenters operates 15 data centres across eight key markets and plans to expand into new overseas markets in Southeast Asia and the Middle East, with Thailand as its first international foray

Indian digital forensics market to reach $1.39 billion by 2030: Report

India's digital forensics sector to grow at 40 per cent CAGR to $1.39 bn by 2030, driven by regulatory demands, cybercrime surge and digital transformation across industries

Fintech firm Decentro initiates reverse-flip process from Singapore

This comes at a time when the Bengaluru-based firm is raising about ₹30 crore as part of the Series-B funding round led by InfoEdge Ventures

Fintech major PhonePe appoints new board member as it prepares for IPO

PhonePe is the largest player on India's real-time payments system Unified Payments Interface (UPI). It reversed its listing from Singapore to India in 2022

Singapore court rejects restructuring plan of WazirX parent Zettai

Zettai's failure to disclose a Panama-based subsidiary led Singapore High Court to reject its crypto restructuring plan, delaying payout of seized digital assets

Madras High Court upholds Tamil Nadu's real-money gaming regulations

The Madras High Court has dismissed petitions challenging Tamil Nadu's real-money gaming rules that ban platforms from operating between midnight and 5 a.m, citing player welfare

Paytm Cloud incorporates Paytm Singapore as wholly-owned subsidiary

Earlier this year, PCTL acquired a 25 per cent stake in Brazil-based embedded finance firm Seven Technology for $1 million

Bengaluru-based Stable Money secures $20 million in series B funding

The Bengaluru-based company secured the latest round of funding from Nandan Nilekani's Fundamentum Partnership, Aditya Birla Ventures and participation from all the existing investors

New DLG provisioning norms: Fintech bodies hope for relief from RBI

Collecting data from fintechs to substantiate likely impact of double-provisioning

UPI's contribution to payments ecosystem volume grows to 83.4% in FY25

UPI recorded 185.8 billion transactions in FY25, up 41.7% from FY24, with India's digital payments now accounting for 99.9% of non-cash retail payments, according to RBI data

Reserve Bank of India lens on payment fintechs over misclassified merchants

Several payment aggregators are said to have misclassified merchants, typically in the retail category, under utility - a segment that traditionally draws lower interchange rates

Fintech firm Razorpay completes reverse flip from US to India ahead of IPO

Fintech firm Razorpay has moved its parent company's domicile from the US to India as it gears up for an IPO, joining the growing trend of Indian startups relocating home

Tech service providers leverage financial sector expertise for new biz

TSPs have long been associated with the transformation of the financial services industry; now, they are using that domain knowledge to help digital commerce and startups hire the right people

Govt nominees in Payments Regulatory Board may help bridge RBI-FinMin gap

The top priorities for the new board could include decisions on how Unified Payments Interface (UPI) is incentivised in the future

Nazara Tech posts Rs 4 cr in profit, 95% jump in revenue from ops in Q4

Nazara Technologies posted ₹4.07 crore Q4 profit with 95% YoY revenue growth, but annual profit declined due to higher expenses and loss from discontinued ops

PayU rolls out MCP server to integrate AI assistants, payment systems

The MCP server helps AI assistants like Claude integrate with PayU's core APIs to automate tasks like invoicing, payment status checks, and customer onboarding

Airtel Payments Bank to list by September 2027, says CEO Anubrata Biswas

The payments bank, which crossed the milestone in September last year, is required to go public within three years from that date