UPI’s volume growth down 15 percentage points in 2025 as base effect takes hold
India’s large informal sector, a low female work participation and the new users’ propensity to spend less could limit UPI’s future growth, say experts
Should the Centre have more skin in the chip-making game?
Prime Minister Narendra Modi says the world is ready to build the semiconductor future with India
Seekho raises $28 million funding led by Bessemer Venture Partners
Seekho, an edutainment video platform, plans to use the capital raised to build new interactive content formats and invest in AI-powered learning experiences.
Walmart-owned Flipkart appoints former Google executive Balaji Thiagarajan as its chief technology and product officer
Thiagarajan holds nine U.S. patents, an MS degree in Electrical and Computer Engineering from Syracuse University, and an MBA in Finance & Operations from the Wharton School, University of Pennsylvania.
Ather Energy is moving to light rare earth magnets amid supply chain crisis
India’s electric vehicle industry has been grappling with supply risks due to the concentrated global supply of heavy rare earths, which are critical for high-performance magnets used in EV motors
Urban Company gets Sebi approval for Rs 1,900-crore IPO
Early backers like Accel, Tiger Global and Elevation Capital are eyeing partial exits as the home services firm readies for market debut.
Peak XV Partners' Harshjit Sethi quits amid leadership churn
He is the latest to quit after Shailesh Lakhani, Piyush Gupta and others left over the past year or so.
Kitchens@ weighs acquiring Popo Ventures that runs Pizza Bakery, Paris Panini, Smash Guys for Rs 800 crore
The deal hinges on whether Kitchens@ is able to raise the capital required to fund the acquisition this size, sources told Moneycontrol. The cloud kitchen startup has been looking to raise Rs 2,000 crore for about a year now.
CityMall raises $47 million in funding led by Accel to deepen Bharat push
The company said the fresh capital will be deployed to deepen its distribution network across smaller cities, expand private label offerings, and further improve supply chain efficiency.
Swiggy, Zomato temporarily halt food delivery services in parts of Delhi-NCR amid heavy rains
Users in Gurugram were unable to place or track orders on the two apps during the outage, with both platforms showing restaurants as “temporarily unavailable.”
TVS Motor stays ahead in EV two-wheeler race; Ola Electric overtakes Bajaj, Ather narrows gap
According to VAHAN data, overall retail sales of electric two-wheelers touched 1,03,802 units in August 2025.
UPI crosses 20 billion monthly transaction milestone in August, valued near Rs 25 lakh crore
UPI had processed close to 15 billion transactions in August 2024, with the platform recording a 33 percent growth year-on-year.
Flipkart Minutes helped bring 50 million new visitors onto our platform, says SVP Hemant Badri
That is a significant addition especially because Flipkart has around 200 million annual active users and a total customer base of 500-600 million.
Online gaming law: Payment companies seek sufficient time from MeitY and RBI for processing customer refunds, chargebacks
During a meeting held on August 29, government officials also sought suggestions from the industry on the rules for the Promotion and Regulation of Online Gaming Act, 2025
AI agents are emerging as the new growth engine for Indian SaaS companies
A US-based company that once needed a three-month product trial closed in just four weeks after seeing an AI copilot auto-resolve tickets during a demo.
Elevation Capital raises $400 million to foray into late-stage investing via Elevation Holdings
Elevation Holdings will write $20-50 million cheques and focus on new-age companies that are close to a public market listing. It will continue to stay invested in these firms even after their IPO.
SEBI clears Groww’s IPO, paving way for one of India’s biggest fintech listings
The offering is expected to value the Bengaluru-based fintech at $7–8 billion, marking a major milestone in India’s startup and financial services ecosystem.
Prosus eyes additional stake in Rapido with $200 million investment
Prosus is also considering a deal to purchase a part of Swiggy’s stake. If that deal goes through, the total round size may increase, sources told Moneycontrol.
Start-up Street | How desi businesses are thriving and earning big
The culturally diverse and vast Indian market, with a new generation seeking cultural identity, makes a good market for ethnic start-up businesses that are commercially viable
Banking infra fintech TransBnk raises $25 million, to expand operations in the Middle East and East Asia
According to the company, there is a gaping void in how corporations and lenders manage their digital banking operations, especially when it comes to navigating a fragmented ecosystem of accounts, interfaces, and manual processes
Groww to launch in-house agentic AI model to help customers make better investment decisions
An in-house agentic AI model has access to all of customer data, investment patterns, risk profile and a vertical specialisation trained on platform data, effectively making them a better product than the popular generic AI models
Why the Google Play Store case could redefine India’s digital markets
The Supreme Court’s upcoming ruling on Google’s Play Store billing practices will shape India’s digital economy, balancing competition oversight with innovation, market fairness, and regulatory stability for global platforms and local startups
Sridhar Vembu's blueprint against global disruption calls for '5-10 year sprint' towards deep tech
Zoho founder Sridhar Vembu's other suggestion revolves around discouraging India's brightest talent from going into finance, as an India 'addicted' to this could lead to 'societal ruin'.
Pixxel, Dhruva Space launch satellites aboard Musk's SpaceX Falcon 9 rocket
With this launch, Pixxel Space will now work on developing their 'Honeybees' satellites. For Dhruva Space, this was its first commercial mission
How online real money gaming and payment aggregator firms found a perfect match until it all came crashing down
The gaming industry was a great opportunity for PA firms to monetise UPI payments, with the winnings payout yielding them a flat Re 1 per transaction, around 10 times higher margins than regular payments
