BUSINESS
IPO-bound PhonePe nears 10 billion monthly UPI transactions
Newer UPI apps, Sachin Bansal-led Navi and Flikart Group’s super.money, along with NPCI’s subsidiary BHIM app, has gained market share over the last couple of years
BUSINESS
Why merchants prefer UPI Autopay despite a lower success rate than cards
Merchants are prioritising UPI Autopay over cards despite lower success rates, betting on its scale, lower costs and strong user adoption. As recurring payments surge, even partial execution through UPI Autopay delivers more value than higher-success but limited card mandates
BUSINESS
Digital payments hit year’s highest levels in December as consumer confidence returns after GST cuts
The notable exception to this trend was credit and debit card spending, which is online sales driven. The card spending has also been hit by UPI's popularity, which also hit record highs in December
BUSINESS
Cross-border payments gain momentum amid RBI push, exporter and freelancer demand
Large payment gateway players like Razorpay, Cashfree and newer startups are positioning themselves to capture this shift.
BUSINESS
The 2025 reset: Regulatory changes force diversification, resilience in India's brokerage sector
A structural reset in 2025 forced top brokers to shift away from derivatives reliance toward wealth creation, as retail investors embrace long-term, disciplined investing
BUSINESS
Why Indian brokerages want AI to analyse your portfolio, but not pick your stocks yet
AI is moving closer to the investor’s decision loop, promising faster analysis, personalised insights and conversational interfaces. At the same time, it raises unresolved questions around accountability, explainability and regulation.
BUSINESS
Google launches its first-ever credit card globally in India on RuPay, ties up with Axis Bank
Peers PhonePe and Paytm also have co-branded Rupay credit cards that can be linked to UPI for merchant payments.
BUSINESS
Fintech firm Niyo betting big on booming Indian travel to Asian countries: Founder Vinay Bagri
With offerings in forex cash, debit and credit options, along with a slew of travel-related products and services, Niyo looks to turn profitable in two years.
BUSINESS
Broking will remain 'strong core' but lending, other businesses growing as well, says Angel One Group CEO
The company is widening access to wealth management through Ionic Wealth, which lowers the entry level to under Rs 1 crore, CEO Ambarish Kenghe tells Moneycontrol
BUSINESS
Children are influencing parents to invest, says Groww's Harsh Jain as equity becomes mainstream
The popular SIP inflows have demonstrated a significant 25 percent CAGR over the past decade, primarily driven by young and new-to-equity market investors from smaller towns and cities
BUSINESS
UPI crosses 700 million daily transactions for six straights days in December
The mobile payments platform also recorded transactions worth over Rs 1 lakh crore for the first five consecutive days during the month
BUSINESS
Groww leads in volumes, usage; Zerodha leads in value, asset size
Groww's lead in new SIP registrations is unparalleled, but Zerodha maintains its market advantage with double the overall Assets Under Management (AUM)
BUSINESS
Groww dominates new SIP registrations with 47% market share in October
The wealth-tech firm added over 2 million fresh SIPs during the month followed by Angel One and PhonePe
BUSINESS
2026 will be breakout year for Navi, its credit-on-UPI push, says CEO Rajiv Naresh
Navi is chasing profitability as it is looking to launch an IPO in the next fiscal and the fintech has been moving in that direction over the past six months, Naresh tells Moneycontrol
BUSINESS
Digital gold companies approach Finmin for recognition, promise standardised practices
While buying digital gold is legal, there is still no clarity on whether it is regulated or formally recognised by any government authority. The SEBI advisory has caused concern among industry participants
BUSINESS
Tijori raises $5 million from Zerodha, to expand into enterprise segment
The company aims to have 70% of future products as enterprise-grade offerings because of the high cost of advanced AI queries
BUSINESS
Groww says ‘low-quality’ F&O traders are exiting. Why it thinks that’s good for business
Groww says casual F&O traders are exiting as SEBI’s derivatives rules tighten. Profits rise, core users trade more actively despite revenue pressure.
BUSINESS
Why did Groww's Q2 net profit rise when income from operations declined?
Groww’s red herring prospectus disclosed that the company had paid a total of Rs 614 crore one-time incentives to founders during the last fiscal
BUSINESS
Paytm recovers its lost UPI base after 2 years, transaction volume hits new record in October
Even though Paytm's latest quarterly revenue is below its FY 24 December quarter, the reduction in expenditure and rising merchant subscriptions have helped the company post a net profit for two consecutive quarters
BUSINESS
Digital gold players to form self-regulatory organisation by Nov-end after SEBI caution
The investment in digital gold by Indians is estimated to be around Rs 55,000 crore, backed by physical gold kept in vaults managed by companies like MMTC, SafeGold and Brink’s
BUSINESS
Dhanteras brings sparkle to digital gold sales, surge by 62% in October
The sale of digital gold through online platforms has been steadily rising all year, going up from Rs 762 crore in January this year to Rs 2,290 crore in October
BUSINESS
MC Interview: Semiconductors are my latest crush, says Groww investor Ashish Agrawal
In this conversation, Agrawal explains why Peak XV resisted selling in multiple up-rounds, how early product calls set Groww apart, why public-market readiness begins years before listing and and what the firm is betting on as it looks for the next Groww.
BUSINESS
FASTag annual pass contributes to 12% of National Highway trips within 3 months of launch
Launched on August 15, the annual pass worth Rs 3,000 gives customers toll-free access up to 200 trips through National Highways in a year, translating into Rs 15 per toll passing, considerably cheaper than the regular fares.
BUSINESS
Groww’s measured pricing delivers a listing-day boost, up 31% from IPO price
Groww seemed like a company that was valued almost at par with peers, and the premium was attributed to operational metrics, rather than technology
