PhonePe crosses 11 Bn monthly UPI transactions in August; G-Pay nears 8 Bn
Entrackrby Harsh Upadhyay·26d ago
PhonePe crossed the 11 billion monthly transaction mark on the Unified Payments Interface (UPI) in August, while Google Pay neared 8 billion transactions, according to data released by the National...
NPCI sets 0.4% MDR on UPI above Rs 2,000, caps fee at Rs 300 for Rs 75,000 and higher transactions
Entrackrby Harsh Upadhyay·26d ago
The National Payments Corporation of India (NPCI) has introduced a 0.4% Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) UPI transactions above Rs 2,000.
AI interactive content startup Flam raises $40 Mn led by QED Investors
Entrackrby Gyan Vardhan·27d ago
Bengaluru-based AI interactive content company Flam has raised $40 million in its Series B funding round led by QED Investors.
India’s wealthtech funding frenzy continues in 2026 as investment crosses $300 Mn
Entrackrby Mukul Manchanda·27d ago
India’s wealthtech ecosystem is attracting stronger investor interest in 2026, with funding increasingly flowing towards platforms expanding beyond traditional broking and trading.
Moneyview cuts IPO fresh issue to Rs 750 Cr, investors trim OFS
Entrackrby Kunal Manchanada·27d ago
Digital lending platform Moneyview has cut the size of its proposed initial public offering (IPO), reducing the fresh issue by half to Rs 750 crore from the Rs 1,500 crore proposed in its draft...
iBRICS Summit 2026 concludes with focus on sovereign capital and cross-border payments
Entrackrby Gyan Vardhan·28d ago
The inaugural iBRICS Summit 2026, organised by the Sovereign Wealth Fund Institute (SWFI), concluded in New Delhi after bringing together investors, policymakers and business leaders to discuss...
Bengaluru Court restrains Way2News from using AppsForBharat’s confidential info and IP
Entrackrby Kunal Manchanada·12 Sept 2026
The Bengaluru Commercial Court has restrained Way2News from using confidential information, intellectual property and data belonging to devotional technology startup AppsForBharat, giving the...
Funding and acquisitions in Indian startups this week [Sep 07 - Sep 12]
Entrackrby Shashank Pathak·12 Sept 2026
This week, 23 Indian startups raised $356.8 million across six growth-stage deals, 17 early-stage deals, and two undisclosed rounds.
The payments bet: finding the transaction that was still broken
Entrackrby Vaibhav Domkundwar·11 Sept 2026
Payments is an interesting category in India because, at one level, you could argue that the problem is largely solved. UPI has made moving money incredibly easy.
Zomato, Swiggy deliver near-Meituan unit economics despite 22X smaller Indian market
Entrackrby Mukul Manchanda·11 Sept 2026
India’s food delivery market is nowhere close to China in size, but Zomato and Swiggy are already reaching food delivery economics that are comparable with Meituan, the Chinese giant that operates...
Flipkart Minutes clocks 4X growth in two years, expands to more than 150 cities
Entrackrby Harsh Upadhyay·11 Sept 2026
Flipkart’s quick commerce platform Flipkart Minutes has completed two years of operations, growing 4X year-on-year and expanding to nearly 1,200 micro fulfillment centres across more than 150...
The lending bet: why we started with the problem, not the loan
Entrackrby Vaibhav Domkundwar·10 Sept 2026
Lending is where a lot of financial services businesses eventually end up. The reason is fairly obvious.
Exclusive: Mesa School set to raise Rs 100 Cr in Series A; co-founder may sell 2.9% stake
Entrackrby Harsh Upadhyay·10 Sept 2026
Bengaluru-based new-age business school Mesa School is set to raise around Rs 100 crore in a Series A funding round, according to sources familiar with the development.
Bounce returns to scooter rentals with 14K EVs, turns EBITDA profitable in FY26
Entrackrby Kunal Manchanada·9 Sept 2026
Bounce has restarted its scooter rental business with electric two-wheelers manufactured by the company, moving further toward a recurring-revenue model focused on gig and delivery workers.
PhonePe, Visa launch cardless payment solutions for consumers and merchants
Entrackrby Shashank Pathak·9 Sept 2026
Fintech company PhonePe has partnered with Visa to launch three payment solutions, Tap to Pay, Cross Border Scan to Pay and Smart Accept, aimed at enabling cardless payments for consumers and...
Exclusive: Fashion brand Theater raises Series A at Rs 400 Cr valuation
Entrackrby Shailesh Mahato·9 Sept 2026
Digital-first fashion brand Theater has raised Rs 56.25 crore (around $6 million) in Series A funding as it builds on strong growth over the past two fiscal years.
Deep-tech cybersecurity company QNu Labs raises Rs 200 Cr in Series A1 round
Entrackrby Gyan Vardhan·9 Sept 2026
Deep-tech cybersecurity company QNu Labs has raised Rs 200 crore in a Series A1 funding round co-led by the National Quantum Mission (NQM) and Speciale Invest, with participation from Sony...
The consumer fintech bet: why India was never one market
Entrackrby Vaibhav Domkundwar·9 Sept 2026
Ajinkya Kulkarni showed up at our office in Pune one day with a fairly simple idea. He wanted to build a liquid fixed income product that could give consumers an attractive return, around 12% at...
Alco-bev startup Marmalade raises seed round
Entrackrby Gyan Vardhan·9 Sept 2026
Alco-bev startup Marmalade has raised Rs 6 crore in a seed funding round from a clutch of investors, including Ashok Chokalingam, Robert Sellares, Ishank Gupta, and HomeLane founders Srikanth Iyer...
Circolife raises $4.5 Mn in pre-Series A round led by Bharat Jaisinghani
Entrackrby Gyan Vardhan·8 Sept 2026
Cooling-as-a-Service (CaaS) platform Circolife has raised $4.5 million (around Rs 40.45 crore) in a pre-Series A funding round led by Bharat Jaisinghani, joint managing director of Polycab India.
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