BUSINESS
We are a hyper-growth company, had no pressure to price up IPO, says PhysicsWallah co-founder Prateek Maheshwari
After narrowing losses and doubling cash from operations in FY25, PhysicsWallah expects to post PAT-level profitability soon,co-founder Prateek Maheshwari tells Moneycontrol in an interview, adding the company is focused on steady growth rather than aggressive expansion
BUSINESS
People mistake us for a PoS-only company, they're missing the full picture, says Pine Labs CEO Amrish Rau
Pine Labs has four equally important verticals, with prepaid business contributing to around 30 percent of the topline, Rau tells Moneycontrol
![[Deeptech Digest] No one thought India could build its own chip, until Chennai startup Mindgrove did it](https://images.moneycontrol.com/static-mcnews/2025/11/20251105053907_Mindgrove-Technologies_R.jpg "[Deeptech Digest] No one thought India could build its own chip, until Chennai startup Mindgrove did it")
TECHNOLOGY
[Deeptech Digest] No one thought India could build its own chip, until Chennai startup Mindgrove did it
The company specialises in microcontrollers and microprocessors, the tiny systems that power everything from smart locks to washing machines and biometric readers.
BUSINESS
From FOMO to Function: Can AI transform India’s fintech and banking backbone
Despite the AI buzz, India’s fintech and banking players are treading cautiously, experimenting, not overhauling, as they balance innovation with regulation in one of the world’s most tightly governed financial sectors.
TECHNOLOGY
MC India Web 3.0: India’s e-Rupee finds new use cases in MSME credit, tourism and healthcare
As RBI’s CBDC pilots mature, new real-world use cases span MSME finance, cross-border settlements, asset tokenisation, and direct benefit transfers.
BUSINESS
25-year-old IIT-BHU alumnus launches emotive voice AI Luna; Kunal Shah, WTFund place early bets
Developed by Jaipur-based startup Pixa AI, Luna claims to enable real-time, speech-to-speech expressive voice interaction and aims to power entertainment and wellness apps.
![[Deeptech Digest] This startup quietly secured an airbase; its encryption now guards railways, laptops and more](https://images.moneycontrol.com/static-mcnews/2025/10/20251105054148_Pantherun.jpg "[Deeptech Digest] This startup quietly secured an airbase; its encryption now guards railways, laptops and more")
BUSINESS
[Deeptech Digest] This startup quietly secured an airbase; its encryption now guards railways, laptops and more
Bengaluru-based deeptech startup Pantherun Technologies cracked a decades-old encryption flaw using an AI-based system that requires no key exchange. From shielding airbases and railways to partnering with majors like Intel, the Qualcomm-mentored startup is rewriting how data moves and stays secure.
BUSINESS
Private investors and IPO bankers are coordinating early on startup valuations: Sandeep Sinha, Co-founder, Oister Global
Tighter IPO scrutiny and a maturing startup ecosystem are driving private funds to coordinate early with bankers on pricing and liquidity, according to Sandeep Sinha, Co-founder at Oister Global, an alternative-asset manager.
INTERVIEW
‘Excellent hospitals, poor claims’: PB Fintech’s Alok Bansal says India’s insurance system needs urgent attention
Bansal said misaligned incentives make the insurance claims process subpar despite India’s medical excellence, as PB Fintech expands into healthcare with its new venture PB Healthcare.
BUSINESS
Investment platform Wint Wealth in talks to close $20-million round led by Vertex Ventures
The deal comes amid continued investor interest in India’s wealthtech segment, which has been one of the more active fintech verticals since last year
BUSINESS
AI in BFSI still in early experimentation stage: Perfios CEO Sabyasachi Goswami
Despite growing buzz around AI in banking, Goswami says most financial institutions remain in the testing phase, with true enterprise-level adoption still a few years away.
BUSINESS
Peak XV Partners to lead $25 million round in Stable Money, four months after $20 million fundraise
Stable Money's new funding round follows a $20 million investment from Fundamentum and others in June, as wealthtech platforms continue to attract investor interest
BUSINESS
Ex-PNB chief Sunil Mehta floats credit rating agency Acer; NPCI’s Ajay Choudhary, MS Sahoo on board
Promoters, including Mehta and the financial institutions such as Indian Overseas Bank and Central Bank of India, have together invested around Rs 25-30 crore to capitalise Acer Credit, which will operate from Gurugram and Mumbai
BUSINESS
AI fever, regulation calm, and FOMO in the air: What really went down at GFF 2025
The three-day event in Mumbai saw AI dominate conversations across panels and product launches, while fintech founders, regulators, and banks signalled a more measured phase of collaboration after last year’s wave of policy changes.
BUSINESS
The world is finally taking us seriously: Pine Labs CEO says India fintech ready for global export
Pine Labs CEO said that while India may not yet be taken seriously in emerging technologies like artificial intelligence, the country’s fintech story is commanding attention.
BUSINESS
“Everywhere I go, India comes up; There’s a reason we’re here”: PayPal CEO Alex Chriss
PayPal’s focus will remain on connecting India to the world rather than competing in the domestic payments market, the CEO said.
BUSINESS
Indian banks spark AI gold rush as tech firms race to tailor language models, build agents
As major banks such as Punjab National Bank and Union Bank of India float tenders for BFSI-specific Gen AI tools, tech majors like HCLTech and TCS to consulting firms like EY alongside startups like Perfios, Sarvam are racing to offer domain-tuned models, Agentic AI, and secure copilots.
BUSINESS
Paytm walks away from DLG: Why fintech major is ditching guarantees in lending for good
After flip-flopping on the Default Loss Guarantee system, including a brief arrangement in the second half of FY25, Paytm has now fully exited guarantee-backed lending, citing partner preference, confidence in merchant loan performance, and a strategic shift to an asset-light, risk-free model.
BUSINESS
Paytm Q1 preview: Profit test for the turnaround stock of the year
Paytm is expected to post its first-ever quarterly profit on a revenue of Rs 1,910 crore, according to JM Financial. Analysts say lending traction and cost cuts may drive the turnaround, though revenue growth is likely to remain flat sequentially
BUSINESS
PayU India expects Ebitda breakeven in FY26, bets on merchant lending for credit turnaround: Group CFO
PayU India hope to stablise margins, with credit business expected to breakeven in Q2 on the back of merchant lending, Arvind Agarwal tells Moneycontrol, as he shares how payments and credit businesses are faring after a turbulent period
BUSINESS
Can’t afford to buy a share? Well, here’s a slice of it, says Bangalore-based fintech startup
A Bangalore-based fintech is testing tokenised fractional stock ownership with SEBI’s approval, allowing investors to legally own slices of high-value shares
BUSINESS
Tiger Global-backed Plum rolls out healthcare arm with Rs 200 cr investment, looks beyond insurance broking
The Tiger Global-backed company, which turned its insurance operations Ebitda-positive in the second half of FY25, is setting up a dedicated vertical--Plum Health--to offer diagnostics, teleconsultations, and AI-powered health tracking to working professionals across India.
BUSINESS
The lender with zero net NPA: How SIDBI clocked Rs 4,811 crore profit on Rs 4.96 lakh crore loan book in FY25
Over 91% of SIDBI’s Rs 4.96 lakh crore loan book is through banks and NBFCs, helping it post Rs 4,811 crore profit in FY25 with zero net NPAs. Despite growing profits and income, rising borrowing costs squeezed margins, but low risks kept returns stable.
BUSINESS
Bizongo founders, top investors face EOW complaint over alleged Rs 124 crore fraud
The complaint, dated June 26 filed by invoice marketplace TradeCred, alleges that customer payments were diverted from escrow, with key investor representatives aware of repayment delays; Bizongo, however, denied wrongdoing, saying that the dues are being repaid
