STARTUP/TECHNOLOGY Ajay Rajan Joins Protean eGov As MD & CEO To Drive Next Phase Of Growth

Protean eGov Technologies Ltd, the Mumbai-headquartered digital public infrastructure (DPI) company known for building population-scale technology platforms, has appointed Ajay Rajan as Managing Director and Chief Executive Officer with effect from June 1, 2026. Rajan succeeds V. Easwaran, who had been serving as Interim CEO, and takes charge at a time when governments, institutions and […]

CW Bureau · Jun 3, 2026

STARTUP/TECHNOLOGY Intellect Launches AI-Native Platform For Challenger Banks In UK, Europe

Intellect Design Arena Ltd, an AI-first, enterprise-grade financial technology company,  has launched an AI digital banking platform designed specifically for challenger banks and digital-native financial institutions looking to establish AI-native banking operations across the UK and Europe. The company said the platform is aimed at helping new entrants accelerate bank launches while addressing the operational, […]

CW Bureau · Jun 2, 2026

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 · Jun 2, 2026

BANKING & FINANCE CRIF India Unveils Credit Goes to HER Kolkata Chapter To Empower Women

CRIF India, part of the global credit information and business intelligence company CRIF, has launched the first regional chapter of its ‘Credit Goes to HER’ initiative in Kolkata, aimed at strengthening women’s leadership and participation in India’s credit ecosystem. Launched nationally in March this year, the initiative seeks to create a community of women professionals […]

CW Bureau · Jun 1, 2026

STARTUP/TECHNOLOGY Clayfin Acquires Louie Voice, Set To Expand AI Voice Banking Capabilities

Clayfin Technologies, a Chennai-based provider of digital banking and customer experience solutions for financial institutions, has acquired Louie Voice, a voice banking platform focused on making digital banking more accessible and inclusive through artificial intelligence-driven voice interactions for undisclosed sum. The acquisition is expected to strengthen Clayfin’s capabilities in AI-led digital engagement and voice banking, […]

CW Bureau · Jun 1, 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 · May 26, 2026

STARTUP/TECHNOLOGY Angel One Bets On AI, Data & Digital Infrastructure For Long-Term Growth

Angel One Ltd, a fintech and digital financial services platform, is betting on artificial intelligence, data science and scalable digital infrastructure to drive its next phase of growth while expanding financial access and investor participation across India. Angel One aims to evolve from a digital brokerage platform into a long-term financial partner supporting investing, wealth […]

CW Bureau · May 21, 2026

RETAIL/FMCG Meesho Invests ₹100 Cr In A Loss-Making Subsidiary Meesho Payment

Meesho Ltd, the Bengaluru-based e-commerce platform focused on value commerce and small businesses, has infused nearly ₹100 crore into its lending subsidiary Meesho Payment Pvt Ltd (MPPL) despite the latter reporting losses, highlighting the growing strategic importance of embedded finance in the e-commerce ecosystem. The investment, made through a rights issue, is aimed at strengthening […]

CW Bureau · May 9, 2026

GENERAL AI, Data And Digital To Drive Aditya Birla Capital’s Growth Strategy

Aditya Birla Capital Ltd, one of India’s leading diversified financial services companies, is placing data, digital and technology at the core of its growth strategy, with Artificial Intelligence (AI) emerging as a key operating layer across businesses to drive growth, profitability and customer experience. Speaking during the earnings call, Aditya Birla Capital Ltd, Managing Director […]

CW Bureau · May 9, 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 · May 6, 2026

STARTUP/TECHNOLOGY MobiKwik Group Secures RBI Nod For NBFC Licence, To Set Up Lending Arm

Reserve Bank of India (RBI) has approved the application of One MobiKwik Systems Ltd group’s application for a Non-Banking Financial Company (NBFC) licence, enabling the group to expand its regulated lending operations. The licence will facilitate the launch of a new lending division, MobiKwik Financial Services Pvt Ltd (MFSPL), a wholly owned subsidiary, aimed at […]

CW Bureau · Apr 27, 2026

STARTUP/TECHNOLOGY EnKash Upgrades Multi-Wallet Card To Align With New IT Reforms

EnKash, a B2B payments platform, has upgraded its Tax Benefit Multi-Wallet Card to align with India’s latest income tax reforms, including a significant increase in the meal allowance exemption. The company said the enhanced solution enables organisations to boost employees’ take-home salaries without increasing overall payroll costs, while ensuring compliance with regulatory and tax norms. […]

CW Bureau · Apr 15, 2026