The Medical Travel Company, founded by Ankit Mehrotra and Sahil Jain, plans to target the UK’s overburdened healthcare system and fix gaps in the $100-billion medical tourism industry.
The company is developing its own lightweight AI model trained on merchant data to power personalised business insights.
RBI has been nudging all financial institutions to follow different second-factor authentication instead of PIN and OTPs, such as behavioural risk patterns and biometrics, over other means as of now.
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.
While there is a vast scope to innovate using AI, this would also mean 'constant tussle' between regulators and the fintech sector, said BVR Subrahmanyam
PayPal’s focus will remain on connecting India to the world rather than competing in the domestic payments market, the CEO said.
CCI study finds Indian AI startups face steep entry barriers from data access, compute costs, and funding gaps.
It is also likely Fidelity, the sole limited partner of Eight Roads Ventures, will become the anchor of fund and ask other LPs to co-invest in the startup, moving away from the original strategy
Adopted by more than 200 organisations globally, including enterprise law firms, in-house legal teams, and boutique firms, Lucio currently supports over 3,000 lawyers in nine jurisdictions.
Europe is emerging as a bright growth spot for MPL’s parent firm, even as its Indian operations are disrupted by the ban on real-money games.
Groww reported a three-fold growth in profit to Rs 1,819 crore in FY 25, according to regulatory filings. It also reported a 31 percent growth in revenues at Rs 4,056 crore during FY 25.
BigBasket offers 10-minute delivery across an assortment of more than 20,000 products, including groceries, fresh produce, fruits and vegetables, medicines, fashion, electronics, and beauty items, in over 60 cities, operating through a network of more than 700 dark stores
The fresh capital will help Ozi expand beyond Gurugram and scale its catalogue, as investor interest in vertical quick commerce continues to grow
Fintech major PhonePe's diversification efforts have shown promise, with revenue soaring, however, the company is yet to achieve profitability.
The fresh capital will be used to scale the company’s newly launched Agentic Voice AI platform and expand presence in Bengaluru and Delhi, the Mumbai-based startup has said
The round had to be reduced in size, by about $30-80 million, as talks between Alpha Wave and Dhan did not materialise, sources said. Moneycontrol was first to report on Dhan turning a unicorn back in July 2024.
These moves indicate a pattern where payment fintechs are gradually transforming into financial ecosystems with lending as a core pillar.
Integration after acquisition is something that start-ups are ill equipped for
A bulk of the $450 million, around $350-$380 million will be in primary capital that will go directly into Zepto's coffers. The remaining, $70-100 million, will be in the form of secondary share deals where early investors will sell shares, sources told Moneycontrol.
The drastic restructuring comes at a time when Simpl is grappling with regulatory headwinds. The company had around 220 employees on role and will now retain around 50-60 for payment collections.
UPI transaction volume was lower in September, compared to August, even with the boost from lower GST rates and online festive sales
India’s stance on crypto regulations is getting much better, as the regulators are a lot more open to conversations, Michelle Daura, Head of Regulated Expansion Regions, Bybit told Moneycontrol.
The competitive intensity has resulted in Zerodha’s market share in active traders coming down from 22 percent in early 2023 to around 16 percent now. However, the company’s market share in terms of client assets accounts for about 10 percent of all retail and high-net worth individuals' assets under management in the country
The company’s chief operating officer (COO), Gaurav Nayyar, who was appointed from Bain & Company only in October 2022, has been promoted to the top position
As many as 96,031 electric two-wheelers were sold in September, with TVS leading with a 21.9 percent market share.
