STARTUP/TECHNOLOGY PayU, Malaysia Airlines Partner To Boost Digital Flight Bookings In India

PayU, a diversified fintech platform, and Malaysia Airlines have signed a memorandum of understanding (MoU) to enhance digital payment options, simplify flight bookings and develop tailored travel offers for customers in India. The collaboration will combine PayU’s payment ecosystem with Malaysia Airlines’ international network to explore flexible payment solutions, exclusive offers and co-branded marketing initiatives […]

CW Bureau · Oct 12, 2026

STARTUP/TECHNOLOGY India Tech Funding Rises 7% To $10.3 Bn In 9M 2026 Despite Fewer Deals

India’s technology companies raised a combined $10.3 billion in the first nine months of 2026, up 7% from $9.7 billion in the same period a year earlier, even as the number of funding rounds and first-time funded companies fell sharply. The funding was also 3% higher than the $10 billion raised in 9M 2024, according […]

CW Bureau · Sep 24, 2026

STARTUP/TECHNOLOGY Pine Labs Offers 10 Lakh Soundboxes Pan-India To Boost Digital Commerce

Pine Labs, a digital payments and commerce platform, plans to deploy 10 lakh soundboxes across India as part of a strategic investment aimed at strengthening the country’s digital payments infrastructure. The planned deployment comes as digital payments, including UPI, expand beyond small-ticket transactions and gain wider adoption across businesses and new segments. Pine Labs said […]

CW Bureau · Sep 24, 2026

BANKING & FINANCE RBI Backs Fintech As Key Strategic Partner To Develop Next-Gen System

The Reserve Bank of India (RBI) is positioning fintech not merely as an industry under regulation but as a strategic partner in building the next generation of India’s financial system, with artificial intelligence (AI), quantum technology and tokenisation emerging as key areas of focus. Reserve Bank of India Governor Sanjay Malhotra said the central bank […]

CW Bureau · Sep 10, 2026

STARTUP/TECHNOLOGY MobiKwik Expands Digital Forex Offering To Six Currencies

MobiKwik has expanded its FX Retail offering from a single-currency service to a six-currency platform, adding the UAE dirham (AED), Canadian dollar (CAD), British pound (GBP), euro (EUR) and Swiss franc (CHF) to its existing US dollar offering. The expansion makes MobiKwik the only private player to offer a multi-currency FX Retail solution in partnership […]

CW Bureau · Sep 10, 2026

STARTUP/TECHNOLOGY Bajaj Finance Acquires 5% Stake In TrueFan AI For Undisclosed Sum

Bajaj Finance Ltd, part of Bajaj Finserv Ltd, has acquired a 5% stake in TrueFan AI, operated by Hogwarts E-learning Universe Pvt Ltd, an artificial intelligence-powered video generation platform. The investment is part of Finserv Intelligence, Bajaj Finserv’s group-wide strategic initiative focused on applied research and innovation. The initiative aims to develop and support high-tech, […]

CW Bureau · Sep 8, 2026

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