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NPCI Sets 0.4% MDR On P2M UPI Transactions Over Rs.2,000

India, Sept. 15 -- After months of anticipation, UPI operator National Payments Corporation of India (NPCI) has introduced the merchant discount rate (MDR) fees framework for select high-value UPI tra... Read More


Delhi HC Asks RBI To Mediate PayU's Dispute With Banks, Visa

India, Sept. 15 -- The Delhi High Court has asked the RBI to mediate a dispute involving Prosus-backed fintech platform PayU Payments, YES Bank, ICICI Bank, other acquiring banks, and Visa over interc... Read More


Teachers' Venture Growth Doubles Down On Darwinbox With Fresh Investment

India, Sept. 15 -- HR tech unicorn Darwinbox has received a follow-on investment from Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers' Pension Plan... Read More


How Stelcore Is Helping Brands Simplify Complex D2C Operations

India, Sept. 15 -- For a large consumer brand, going direct-to-consumer (D2C) is not just about launching a website and selling products online. It also means deciding who will manage the infrastructu... Read More


SEBI Greenlights Lending Tech Startup Fibe's Rs.750 Cr+ IPO

India, Sept. 15 -- Markets regulator SEBI has greenlit the proposed IPO of lending tech startup Fibe, formerly known as EarlySalary. According to SEBI's latest processing status, the regulator issued... Read More


NODWIN Gaming Launches Sports Vertical, Ex-Adidas Executive Gurbaksh Virdi To Lead

India, Sept. 15 -- IPO-bound NODWIN Gaming has launched NODWIN Sports, a mainstream sports vertical focused on developing sporting properties, mass-participation events, and commercial partnerships. ... Read More


Flam Bags $40 Mn To Offer Immersive Content To Enterprises

India, Sept. 15 -- AI-powered content platform Flam has raised $40 Mn (around Rs.383 Cr), via a mix of primary and secondary deals, in its Series B funding round led by QED Investors. The round also ... Read More


Govt Notifies New Rules, No MDR For UPI Transactions Under Rs.2,000

India, Sept. 15 -- Opening doors for the reintroduction of the merchant discount rate (MDR) on high-value UPI payments, the finance ministry has notified amendments to the Payment and Settlement Syste... Read More


RBI Floats Draft Rules To Standardise Account Blocking In Cyber Fraud Cases

India, Sept. 14 -- The Reserve Bank of India (RBI) has proposed a new framework to establish uniform standard operating procedures (SOPs) for banks dealing with accounts and transactions suspected of ... Read More


Lenskart Increases AjnaLens Stake To Over 9% To Deepen Smart Glasses Push

India, Sept. 14 -- Lenskart has increased its stake in extended reality (XR) startup AjnaLens' parent Dimension NXG with an Rs.8 Cr investment to deepen its bet on smart eyewear and wearable technolog... Read More