STARTUP/TECHNOLOGY CMS Info Appoints Will Poole As Director Amid AI Transformation

CMS Info Systems Ltd (CMS), a business services company with operations spanning ATM management, retail and currency logistics, and technology and payments, has appointed William Poole VIII (Will Poole) as an additional director (independent). The appointment comes as CMS steps up investments in Vision AI, data and automation, particularly within its Technology & Payment Solutions […]

CW Bureau · Aug 10, 2026

STARTUP/TECHNOLOGY PayU, Marg ERP To Transform Digital Payments For Pharma Distributors

Fintech platform PayU has entered into a strategic partnership with business management software provider Marg ERP to streamline digital payment collections and reconciliation for India’s pharma distributors, retailers and MSMEs. The collaboration will integrate PayU’s payment infrastructure into Marg ERP’s business management platform, enabling users to manage ordering, payments and reconciliation within a single workflow […]

CW Bureau · Aug 7, 2026

BANKING & FINANCE Artificial Intelligence, Digitalisation To Drive SBI Card Next Phase Of Growth

SBI Cards and Payment Services Ltd. expects digitalisation, artificial intelligence and machine learning to play a bigger role in customer acquisition, risk management and fraud prevention as digital payments continue to reshape India’s financial ecosystem. “Digitalisation remains central to customers’ evolution towards greater participation in the formal economy,” said Chairman Challa Sreenivasulu Setty in a […]

CW Bureau · Aug 4, 2026

BANKING & FINANCE SBI Card Eyes Premium Growth, Digital Expansion Through YONO 2.0

SBI Cards and Payment Services Ltd, the pure play credit card player, plans to strengthen customer acquisition through SBI YONO 2.0, expand its presence in premium and co-branded cards, and accelerate digital transformation as part of its next phase of growth. “As we continue to build on our progress, we remain focussed on strengthening the […]

CW Bureau · Aug 4, 2026

BANKING & FINANCE Aptus Value Housing Finance Q1 PAT Jumps 19%; AUM Crosses ₹13,600 Cr

Aptus Value Housing Finance India Ltd reported a 19% year-on-year increase in net profit to ₹261 crore for the first quarter of FY27, driven by robust loan growth, higher disbursements and continued expansion of its branch network. The Chennai-based affordable housing finance company had posted a net profit of ₹219 crore in the corresponding quarter […]

CW Bureau · Jul 31, 2026

STARTUP/TECHNOLOGY Paytm Launches Split Bills Feature Ahead Of Friendship Day For Groups

Paytm (One 97 Communications Ltd), a leading financial services distribution company and pioneer of mobile payments, has launched Paytm Split Bills on its app ahead of Friendship Day, enabling users to easily manage and settle shared expenses. The feature is aimed at friend groups, college students, Gen Z and young professionals, helping them track expenses […]

CW Bureau · Jul 29, 2026

STARTUP/TECHNOLOGY 5paisa Capital To Acquire Giskard Datatech In ₹121.57 Cr Share Deal

Online investment and trading services company 5paisa Capital Ltd has proposed to acquire 100% share capital of Bengaluru-based Giskard Datatech Pvt Ltd in a deal comprising a cash consideration of ₹121.57 crore and a preferential share issue through a share swap. The acquisition is aimed at strengthening 5paisa’s digital capabilities, expanding its technology offerings, achieving […]

CW Bureau · Jul 29, 2026

BANKING & FINANCE Northern Arc Capital Banks On Tech, Retail Lending And Risk Management

Northern Arc Capital is gearing up for its next phase of growth by deepening its technology-led credit ecosystem, expanding its direct-to-customer lending business and exploring new opportunities in digital distribution and wealth management. In his message to shareholders in the company’s Annual Report 2026, Managing Director & CEO Ashish Mehrotra said the company’s long-term strategy […]

CW Bureau · Jul 26, 2026

STARTUP/TECHNOLOGY Intellect Design Launches AI-First Suite To Power Global Credit Unions

Intellect Design Arena Ltd. has launched its AI-first Credit Union Solution Suite, a comprehensive enterprise banking platform designed specifically for credit unions and mutual institutions worldwide, as it strengthens its presence in the global financial technology market. The new solution integrates core banking, AI-powered lending and digital engagement into a single composable platform, enabling credit […]

CW Bureau · Jul 20, 2026

STARTUP/TECHNOLOGY Cars24 Processes Over 1.1 Trillion AI Tokens In Q1, Boosts Transformation

Used vehicle marketplace Cars24 has significantly accelerated its artificial intelligence (AI) transformation, processing more than 1.1 trillion AI tokens during the April-June 2026 quarter (Q1 FY27) as the company expands AI across engineering, customer engagement and core automotive operations. The company said AI consumption has nearly tripled over the last two quarters, with AI-related spending […]

CW Bureau · Jul 19, 2026

STARTUP/TECHNOLOGY Paytm Europe Granted Luxembourg Payment Institution Licence By CSSF

One 97 Communications Ltd., the parent company of Paytm, has secured a major regulatory milestone in its global expansion journey after its step-down wholly owned subsidiary, Paytm Europe Payments S.A., received a Payment Institution Licence from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). The approval paves the way for Paytm Europe […]

CW Bureau · Jul 3, 2026

BANKING & FINANCE Ujjivan Eyes Universal Bank Status With Digital, Diversified Growth

Ujjivan Small Finance Bank Ltd is focused on building a diversified, technology-enabled and customer-centric institution as it advances towards its long-term aspiration of becoming a universal bank. “As we look ahead, our ambition extends beyond growth in scale,” Ujjivan Small Finance Bank Chairman B.A. Prabhakar said in his letter to shareholders. Growth priorities He said […]

CW Bureau · Jun 30, 2026