Page 5 - Ajinkya Kawale

Fino Payments Bank chief Rishi Gupta granted bail in GST case

Fino Payments Bank chief Rishi Gupta has been granted bail in a GST evasion case, with the court imposing conditions including passport deposit and regular appearances

Dream Sports sharpens focus on 11 portfolio companies after RMG ban

Company pivots beyond real-money gaming, expands into fintech and AI while strengthening portfolio of 11 businesses to regain user engagement

India's microdrama market may reach $4.5 billion by 2030: Report

India's microdrama segment is set for rapid growth, with user adoption rising sharply, though OTT platforms continue to lead in monetisation and paying subscriber base

Kiwi appoints Sumeet Basrani as new CBO to scale credit-on-UPI business

Kiwi appoints Sumeet Basrani as chief business officer to drive growth and expand access to its credit-on-UPI offering amid rising adoption of digital payments

Cred enables Face ID, fingerprint authentication for UPI payments

Cred introduces biometric authentication for UPI payments, allowing users to use Face ID or fingerprints instead of PINs for added security and convenience

CoinDCX co-founders Gupta, Khandelwal granted bail in alleged fraud case

Court finds no prima facie case against Sumit Gupta and Neeraj Khandelwal, who claim they were victims of impersonation in Rs 71.4 lakh fraud case

Digital personal loan value outpaces volume growth in Q3 FY26: FACE

Digital personal loan value rose sharply in Q3 FY26, outpacing growth in loan volumes, highlighting strong demand for higher-ticket credit

Fino fallout prompts fintech firms to seek safe harbour, tighten controls

After the Fino Payments Bank episode, fintech firms seek safe harbour protection and tighten internal controls, consolidating key responsibilities amid rising compliance risks

Mule networks remain difficult threat in loan frauds, scams: Report

Mule networks continue to drive frauds and scams, with operations turning transnational and causing heavy losses for Indian users, according to a Bureau report

Fintech firm MobiKwik to double down on payment devices business

MobiKwik plans to scale soundbox and EDC deployment, targeting 10% revenue contribution as it expands offline merchant acquiring beyond Tier I cities

BharatPe appoints Himanshu Verma to lead POS biz, scale offline payments

BharatPe appoints Himanshu Verma as head of POS business to drive merchant adoption, strengthen distribution and scale its offline payments business

MobiKwik appoints chief risk officer to oversee comprehensive fraud risks

MobiKwik appoints Anis Pathan as chief risk officer to strengthen enterprise risk management, fraud prevention and compliance across payments, lending and broking businesses

West Asia conflict sends Indian startups into wait-and-watch mode

Indian startups are turning cautious on expansion and investments in West Asia amid the ongoing conflict, with fintech and travel sectors seeing early stress while edtech remains relatively stable

BHIM targets 5% share to break into top five, challenge UPI duopoly

According to the latest data, BHIM currently holds a 0.86 per cent share of UPI transactions

Former SBI executive Nitin Chugh appointed CEO of Perfios Group

Perfios appoints former SBI executive Nitin Chugh as group CEO to lead its expanding techfin, risktech and digital platforms amid rapid growth and acquisitions

How Pokemon Go's maker is building geospatial models to guide robots

Data generated by millions of Pokemon Go players is now powering Niantic's geospatial AI models that help autonomous robots navigate complex urban environments

PhonePe defers IPO plans amid West Asia crisis, market volatility

PhonePe has temporarily deferred its IPO plans citing the West Asia conflict and volatile markets, though the company says it remains committed to pursuing a public listing in India

Cred gets final license from RBI to operate as payment aggregator

Fintech firm Cred receives RBI's final licence to operate as a payment aggregator, allowing it to onboard merchants and process payments across instruments

Trade in turmoil: Conflict and tariffs dim the shine of Surat diamonds

With the war in West Asia upending global trade, the first part of a series examines how the global diamond hub is grappling with the raging crisis and also tariff uncertainty

Offshore platforms gained engagement after ban on real money games in India

A CUTS International survey shows offshore real-money gaming platforms saw sharp increases in usage and spending after India's ban, with domestic users shifting activity to overseas operators