NaN Ajinkya Kawale

Metasports Interactive raises $20 million to fund user acquisition

Gaming firm Metasports Interactive secures $20 million from Metica to scale user acquisition and drive global expansion of its cricket game Hitwicket

MobiKwik's NBFC arm likely to launch operations in 2026: Upasana Taku

MobiKwik gets RBI nod for NBFC arm, plans lending launch in 2026; move to boost fintech stack, expand credit offerings, and tap co-lending opportunities

Paytm's wallet sees a shake-up as RBI cancels payments bank licence

Company claims no material impact despite cancellation of payments bank's licence

Pine Labs acquires Shopflo in ₹88 crore deal to expand D2C ecosystem

Acquisition of checkout platform Shopflo aims to strengthen Pine Labs' full-stack commerce offering and deepen engagement with D2C merchants across online and offline channels

AI push deepens layoffs as Big Tech cuts workforce, trims hiring globally

Meta plans to cut 8,000 jobs and shut 6,000 open roles globally; Microsoft offers voluntary retirement to 7% of US workforce

RBI cancels Paytm Payments Bank licence; cites governance lapses

Regulator cites governance concerns; says bank has sufficient liquidity to repay all deposits upon winding up and will approach High Court

New online gaming rules to distinguish e-sports, real-money games: Industry

Industry players say PROGA rules will help distinguish e-sports from real-money gaming, curb proxy platforms, and bring regulatory clarity, though some gaps remain

Lightfury raises $11 mn; Dhoni, Bumrah join gaming startup captable

Bengaluru-based AAA gaming studio secures funding from VCs and Indian cricketers as it prepares to launch 'eCricket' and scale live operations

PayU is a bet on digital commerce in India, says CEO Anirban Mukherjee

PayU bets on UPI innovation, AI-led commerce and merchant solutions to drive next phase of growth as India's digital payments market evolves

RBI draft norms recast PPI rules, tighten limits and interoperability

RBI proposes new PPI norms to tighten risk controls, enable interoperability with UPI and cards, and streamline wallet classification

Global crypto exchange BitDelta launches India operations, plans hiring

BitDelta has launched India operations after registering with FIU-IND, planning a 100-member team and investing in security and infrastructure amid intense competition

RuPay tailwind drives fintech push for co-branded credit cards on UPI

Fintech companies ramp up RuPay-linked credit cards to tap UPI-driven usage, boost transaction volumes, and expand reach among new-to-credit customers

PayU inFINity 3.0 cohort to co-create projects within Prosus ecosystem

Selected fintech startups under PayU's accelerator programme to access Prosus ecosystem, mentorship and grants to scale solutions focused on financial inclusion

Kiwi cofounder Mohit Bedi quits CBO role, moves into advisory position

Bedi previously worked in fintech PayU and in Axis Bank. At Axis Bank, he was the senior vice-president (SVP) and business head - acquiring and commercial cards

Early warning signal: Anthropic's Mythos puts Indian fintechs on guard

Fintech body FACE urges stronger cyber defences as Anthropic's Claude Mythos raises concerns over AI-driven software vulnerabilities

Fintechs scale RuPay co-branded cards as UPI credit gains traction

Fintech firms are accelerating co-branded RuPay credit card launches as UPI linkage drives small-ticket credit use, boosts transaction volumes, and deepens integration of credit into everyday digital

IRCTC Payments looks to capture ticketing, govt clients to boost volumes

Indian Railway Catering and Tourism Corporation eyes ₹1 trillion payments scale by expanding into ticketing and government clients through its payments arm

BharatPe founder Nakrani steps back from operations, to advisory role

BharatPe founder Shashvat Nakrani will step back from day-to-day operations from May 1, transitioning to a strategic advisor role while retaining board position

Cashfree Payments appoints Sameer Gandhi as CFO to strengthen operations

Sameer Gandhi will oversee financial strategy, operations and revenue planning at Cashfree Payments as the fintech firm sharpens focus on growth and profitability

Bankers see merit in RBI's one-hour e-payment lag despite cost concerns

Bankers support RBI's proposal for delayed digital payments to curb fraud, but flag infrastructure costs and suggest raising the threshold from Rs 10,000 to Rs 25,000