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NPCI To Launch Agentic Payments On UPI: Report

India, Sept. 1 -- UPI operator NPCI is reportedly looking to launch a framework which would see AI agents execute small-ticket digital payments without requiring explicit user authorisation for every ... Read More


Pernia's Pop Up Shop Parent IPO: Issue Subscribed 20% On Day 2 So Far

India, Sept. 1 -- Pernia's Pop Up Shop parent Purple Style Labs' initial public offering (IPO) continued to see steady investor interest on the second day of bidding. As of 13:18 IST, investors have c... Read More


Niyo To Acquire Capital India's RemitX Forex Business For Rs.11.4 Cr

India, Sept. 1 -- Fintech soonicorn Niyo has signed a definitive agreement to acquire the forex and cross-border payments business of listed financial services company Capital India Finance, operated ... Read More


Alteon Raises $2.5 Mn To Develop Long-Endurance Autonomous Aircraft

India, Sept. 1 -- Bengaluru-based startup Alteon has raised $2.5 Mn (about Rs.24 Cr) in a pre-seed round led by Lachy Groom, with participation from Together Fund, as it works on autonomous aircraft d... Read More


BlackRock Buys Ather Shares Worth Rs.445 Cr

India, Sept. 1 -- Asset management giant BlackRock has purchased nearly 26 Lakh shares of electric vehicle (EV) maker Ather Energy via an open-market transaction worth Rs.445.3 Cr. As per NSE data, B... Read More


From $3.5 Bn To $200 Mn: upGrad Completes Unacademy Acquisition

India, Sept. 1 -- After months of negotiations and regulatory clearances, edtech major upGrad has completed its acquisition of Unacademy in a deal valued at just over $200 Mn. Unacademy cofounder Gau... Read More


BNP Paribas & Millennium Sell 10 Cr Eternal Shares In Rs.3,265 Cr Block Deals

India, Sept. 1 -- French financial services giant BNP Paribas and US-based hedge fund Millennium Management sold over 9.9 Cr shares of listed foodtech giant Eternal in block deals cumulatively worth o... Read More


ESDS IPO Subscribed 42.7X On Day 3, NII Portion Booked 126X

India, Sept. 1 -- Enterprise cloud and AI company ESDS Software Solution's IPO was subscribed 42.72X by 12:33 IST today, the third and final day of bidding. Investors placed bids for 52.77 Cr shares ... Read More


NPCI To Let Users Port UPI AutoPay Mandates Across Apps: Report

India, Aug. 31 -- The National Payments Corporation of India (NPCI) is reportedly set to make UPI AutoPay interoperable, allowing users to port their existing mandates across UPI apps and merchants to... Read More


ESDS IPO Subscribed 8X On Day 2, NII Portion Booked 22X

India, Aug. 31 -- Enterprise cloud and AI company ESDS Software Solution's IPO was subscribed more than eight times within the first two hours of bidding on Day 2, driven by strong demand from NIIs an... Read More