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Fintechs shift to direct merchant integration, move away from Juspay

Following PhonePe's decision to end its partnership with payment orchestration platform Juspay, other companies, including Razorpay and Cashfree Payments, are considering similar moves

Paytm Q3 FY25 results: Losses narrow to Rs 208.3 cr, revenue declines 36%

The loss follows a profitable September quarter, when the company reported a profit of Rs 928.3 crore, driven by the sale of its movie and ticketing business to Zomato

Plutus, Axana to buy another 26% in Nazara Technologies via open offer

With the transaction, the promoter holding of the company will change, with Sacheti and Plutus Wealth Management becoming the main promoters

AI on its own: How tech is reshaping work as GenAI adoption grows in India

Agentic AI, software systems capable of performing complex tasks with minimal human oversight, will likely be the biggest tech trend in 2025

UPI can grow 10 times from current base, says NPCI chief Dilip Asbe

The apex payments body recorded 16.73 billion transactions in December 2024. UPI registered over 172 billion transactions in 2024 alone

WazirX freezes $3 million in USDT nearly 7 months after cyberattack

This comes nearly seven months after an alleged security breach led to the loss of over $230 million worth of VDAs -about 45 per cent of the total crypto assets on the platform

Amazon to acquire fintech firm Axio to expand credit services in India

Information about deal size for Bengaluru-based firm not disclosed

Maharashtra to establish Innovation City similar to GIFT City: CM Fadnavis

He added that the state is planning to finalise a new startup policy in the next two months, which would be opened to the public for consultation and comments

Reliance Jio ties up with Polygon Labs to bring Web3 to 450 million users

Blockchain collaboration aims to expand Web3 applications beyond cryptocurrency for Jio's vast customer base

Budget 2025: Tax sops, investments in new tech on Indian startups wishlist

Industry body Nasscom has also called for the Centre to set up a dedicated fund to enable early-stage investments into tech startups between Series A and B rounds of fundraising

NPCI International, UAE fintech partner to enable UPI for Indian travellers

The collaboration with fintech firm Magnati will enable QR-based UPI merchant payments through point-of-sale (POS) terminals across the UAE

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

Negi was appointed as the CEO of the company in April 2024 after serving as an interim CEO and chief financial officer (CFO)

Growth in fintech personal loan value moderates in first 2 quarters of FY25

On a year-on-year (YoY) basis, fintech personal loan sanction values grew 10 per cent to Rs 24,847 crore in Q2FY25, compared to Rs 22,439 crore in Q2FY24

At $1.9 billion, Fintech funding declines for third year in a row

The sector raised a high of $8.3 billion in 2021 across 665 funding rounds

Krav Maga: Israeli martial art packs a punch for self-defence in India

Israeli fighting method has been gaining traction in the country over past few years

Games24x7 announces final list of its startup accelerator programme

More than 330 companies had applied to the programme, which was launched in October 2024

Supply chain platform KredX secures RBI's approval to launch TReDS platform

KredX's DTX is the fifth platform to receive the banking regulator's nod to operate TReDS

Navi crosses 1% market share in UPI transactions in December 2024

This is the first time in many months that a firm outside the top three has achieved this

As cyberattacks expand footprint, firms will need to focus on data security

Renewed focus on the segment comes in the backdrop of the draft DPDP rules being notified last week

MobiKwik posts Rs 3.59 crore loss in Q2FY25, total income grows 42%

The Gurugram-based company's total income rose 42 per cent year-on-year (Y-o-Y) to Rs 293.66 crore in Q2FY25 from Rs 206.83 crore in Q2FY24