Fintech

The monthly decline is a calendar artefact. Daily volumes rose, and this is the last clean month before MDR starts on 15 October.

Its 70,000 borrowers average about ₹1 lakh each, assessed on cash flow rather than paperwork. For a lender, this equity is what makes several times as much borrowing possible.

It is the quieter of IRDAI's two open consultations, and for distribution businesses it may be the more consequential one.

The order book drew ₹77,843 crore for a ₹1,092 crore issue, after the company cut the offer before opening it.

The court let the 15 October date stand but asked the government to explain, on affidavit, what the charge legally is.

Expense caps free up money for insurers while capping what distributors can earn. ICICI Lombard rose 5 per cent on the same day Turtlemint hit its floor.

Two founders survived a near-fatal accident and found no product that would have told their families what they owned. ₹86,917 crore sits unclaimed in bank deposits alone.

It already holds an RBI cross-border aggregator licence and a US FinCEN registration. The GIFT City unit makes three regulated jurisdictions.

The buyers were domestic insurers and mutual funds. That is now the standing bid absorbing India's new-age exits.

Finance costs rose faster than interest income, compressing the lender's spread. Net interest income grew about 15 per cent against revenue growth of 28.

Accel, Tiger Global and Ribbit all cut the shares they plan to sell. The founders left theirs unchanged.

The board is weighing a preferential issue or private placement. The loan book grew 61 per cent, which is the reason the IPO money has not lasted.

The company is American, the customers are American, and every engineer building it works out of Kolkata. Its real innovation is bypassing the card networks, not the card.

Both leads are existing backers, and headcount fell about a fifth in the year to August 2025. The strategic move from lending into commerce is the right one.

Down from $1.5 billion at its peak, and profitable for the first time. Filings show roughly half the money is existing shareholders selling out.

Volume hit a record 24.51 billion while value slipped to ₹29.82 lakh crore. The average payment is shrinking, and the industry's revenue fix depends on the payments that are not.

The Bengaluru startup, founded in 2025, builds compliant AI systems for banks and insurers using a forward-deployed engineering model. It has not disclosed a valuation, and the round is small and early.

The rewards instrument spans Flipkart, Myntra, Cleartrip, District and Zomato, in digital and physical formats. Razorpay and Pine Labs power redemption, and super.money says more partners will follow.

Operating revenue grew 11.5 per cent while total expenses rose 16 per cent, widening the consolidated loss by 62 per cent. The company puts its normalised operating loss at ₹1,377 crore.

Founded by grant-awarded entrepreneur Daya Juwatkar, the Mumbai-based fintech startup is raising up to ₹1.5 crore to layer AutoPay mandates, micro-debit systems, and legal frameworks over the country's vast digital cash transfers.

Meta has acquired a 20% stake in CRED at a $4.5 billion valuation, securing founder Kunal Shah to lead the world's largest messaging platform while the Indian fintech transitions to an interim CEO.

The social media giant is reportedly exploring a major capital injection into the Kunal Shah-led platform, signalling a potential alignment of premium digital payments and WhatsApp’s massive discovery engine.

The deal brings over Rs 1,000 crore in assets under management to Scripbox while offering a clear succession path for independent financial advisors transitioning into the digital age.

The Bengaluru-based startup is targeting the $1.5 trillion in global employer stock sitting on balance sheets by eliminating exorbitant foreign exchange fees and tax friction for tech professionals.

The ₹665.4 crore equity liquidation by Yashish Dahiya and Alok Bansal comes on the back of strong Q4 FY26 profitability and follows a recent complete exit by early backer Tencent.

By fully capitalizing a newly incorporated entity in one of Europe’s premier financial hubs, the Indian fintech giant is laying the strict regulatory groundwork required for a cross-border expansion.

By aggressively optimizing its merchant acquisition costs and scaling high-margin lending products, the point-of-sale giant has officially proven its ability to generate sustainable cash flow.

The massive block deal, executed at a slight premium to the market close, highlights the natural lifecycle of early-stage venture capital as funds secure liquidity to return cash to their limited partners.

With its valuation doubling past the $500 million mark, the Anil Goteti-led startup is proving that capturing a high-intent demographic requires merging travel discovery directly with core financial infrastructure.