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Paytm Launches Personalised UPI IDs To Boost Payment Privacy

India, June 9 -- In an effort to simplify and secure the digital transactions of its users, fintech giant Paytm has rolled out a new personalised UPI IDs feature. Paytm said in a blog post that the n... Read More


Food Safety Violations: After Zepto, FDA Suspends Blinkit's Balewadi Dark Store Licence

India, June 9 -- Days after the Food and Drug Administration (FDA) suspended the food business licence of Zepto's warehouse in Mumbai's Dharavi, the food safety agency has now reportedly revoked the f... Read More


PhonePe Buys Gupshup's GSPay To Facilitate UPI For Feature Phone Users

India, June 6 -- PhonePe has acquired conversational AI platform Gupshup's proprietary technology GSPay to roll out UPI payments tailored for feature phone users. PhonePe said in a statement that it ... Read More


Flipkart Becomes India's 1st Ecommerce Company To Bag NBFC Licence

India, June 5 -- Ecommerce giant Flipkart has secured a non-banking financial company (NBFC) licence from the Reserve Bank of India (RBI). It will now be able to offer loans directly to consumers and ... Read More


Flipkart Gets RBI Nod For Direct Lending In India: Report

India, June 5 -- Ecommerce giant Flipkart has reportedly secured non-bank finance company (NBFC) licence from the Reserve Bank of India to offer loans directly to consumers and sellers on its platform... Read More


Zepto Puts IPO Plans On Hold: Report

India, June 4 -- Quick commerce major Zepto has reportedly postponed its initial public offering (IPO) plans by a year and now plans to hit the bourses in 2026. A Moneycontrol report, citing sources ... Read More


IndiaAI Mission: Four Responsible AI Solutions To Go Live From September

India, June 4 -- Of the eight responsible artificial intelligence (RAI) solutions built under the IndiaAI Mission's 'safe and trusted AI pillar', four solutions are expected to go live on the mission'... Read More


Amazon India Rolls Out INR 5 Marketplace Fee For All Users

India, June 3 -- Toeing its competitors on the ecommerce turf, Amazon India has slapped a marketplace fee of INR 5 on each order. "The marketplace fee, a common industry practice, supports Amazon's c... Read More


UPI Transactions Jump 4.4% MoM In May, Touch All-Time High at 18.68 Bn

India, June 2 -- The Unified Payments Interface (UPI) transaction count grew 4.4% to 18.68 Bn in May from 17.89 Bn in April, touching a fresh all-time high. On a year-on-year basis, the number of tran... Read More


PayU Boosts Board In Run-Up To IPO

India, May 30 -- Prosus-owned payment solutions giant PayU, which is gearing up for its initial public offering (IPO) on the Indian bourses, has expanded its board of directors with three new appointm... Read More