STARTUP/TECHNOLOGY
Paytm Infuses About ₹99 Cr Into Its European Arm To Support Expansion
One 97 Communications Ltd (OCL), which owns digital payments and financial services platform Paytm, has infused €9 million (about ₹99 crore) into its Luxembourg-based step-down wholly owned subsidiary, Paytm Europe Payments S.A., to support its business and operational requirements in Europe. The investment has been made through Paytm Cloud Technologies Ltd (PCTL), a wholly owned […]
CW Bureau
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Jun 2, 2026
STARTUP/TECHNOLOGY
MobiKwik Receives RBI Go-Ahead For Offline Payment Aggregator Business
One MobiKwik Systems Ltd has received in-principle approval from the Reserve Bank of India for its Payment Aggregator–Physical (PA-P) licence, enabling the fintech company to strengthen its offline merchant payments business across the country. The approval marks a significant milestone in MobiKwik’s expansion as a full-stack fintech platform offering payments and financial services to both […]
CW Bureau
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May 26, 2026
STARTUP/TECHNOLOGY
Meesho Pumps ₹100 Cr Into FinTech Subsidiary To Bolster Payments Flow
Meesho Ltd, a leading e-commerce marketplace, is infusing ₹100 crore into its subsidiary, Meesho Payments Pvt Ltd (MPPL), through a rights issue or further capital issuance in one or more tranches. The board of directors has approved the fund infusion, underlining the company’s continued focus on strengthening its fintech capabilities alongside its core commerce operations. […]
CW Bureau
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May 6, 2026
BANKING & FINANCE
PayU Bets Big On AI Voice Assistant To Simplify Merchant Onboarding
PayU, a leading diversified fintech platform, has launched its AI-powered outbound voice call assistant, marking a key step in its broader strategy of becoming an AI-native organisation across the merchant lifecycle. Addressing onboarding bottlenecks Merchant onboarding has traditionally been a cumbersome and time-consuming process, involving extensive paperwork, KYC verification, and multiple activation steps, often leading […]
CW Bureau
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Apr 14, 2026
STARTUP/TECHNOLOGY
IDPIC Names K S Raju To Lead India’s Digital Payment Fraud Intelligence
Indian Digital Payment Intelligence Corporation (IDPIC) has appointed K Satyanarayana Raju as its Managing Director and Chief Executive Officer. Strengthening digital payment security IDPIC is India’s central AI-driven platform focused on detecting, analysing and preventing real-time digital payment fraud. It leverages advanced technologies such as artificial intelligence, machine learning and big data analytics to enhance […]
CW Bureau
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Apr 11, 2026
BANKING & FINANCE
Fino Payments Bank Posts Record Renewal Income Of ₹62 Cr In Q4
Fino Payments Bank Ltd, a private sector payments bank, has recorded its highest-ever quarterly renewal income of ₹62 crore in the March quarter. Deposits also peaked to an all-time high of ₹2,950 crore in the same period, as per provisional and unaudited results for Q4FY26. The bank opened seven lakh new bank accounts during the […]
CW Bureau
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Apr 7, 2026
BANKING & FINANCE
The Curious Case Of ₹2,000 Note: From Crisis Saviour To Quiet Exit
In the chaotic aftermath of India’s landmark 2016 demonetisation, when high-value ₹500 and ₹1,000 notes were abruptly scrapped, a new face of liquidity emerged, the ₹2,000 banknote. The magenta-hued currency was a note born in crisis, but never meant to be permanent. It was, in many ways, a stopgap, designed to quickly remonetise an economy […]
Sajan C Kumar
·
Apr 1, 2026
