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Firi Bags $3 Mn To Expand Beauty Quick Commerce Platform

India, Sept. 16 -- Beauty quick commerce startup Firi has raised $3 Mn (about Rs.28.8 Cr) in a seed funding round led by 360 ONE Asset, with participation from Better Capital, CRED founder Kunal Shah,... Read More


Peak XV Partners Sells Groww Shares Worth Rs.1,756.2 Cr

India, Sept. 16 -- VC firm Peak XV Partners has sold 9.17 Cr shares of fintech major Groww in a bulk deal today. As per NSE data, the firm, via its holding entity Peak XV Partners Investments VI-1, s... Read More


UPI In August: Navi's Market Share Climbs To 4.4%, PhonePe & Google Pay Slip

India, Sept. 16 -- Sachin Bansal-led Navi continued to gain ground in the UPI market in August, with its share of transaction volumes rising to 4.4% from 4% in July. The fintech platform's market sha... Read More


Meta May Lose Intermediary Status In India Amid CSAM Scrutiny: Report

India, Sept. 16 -- Social media giant Meta may no longer enjoy intermediary status in India, under which Facebook, Instagram and WhatsApp can seek "safe harbour" protection under Section 79 of the Inf... Read More


Lendingkart Finance Cuts Q1 FY27 Loss By 62% To Rs.32.4 Cr, Revenue Halves YoY

India, Sept. 16 -- Fintech startup Lendingkart's NBFC arm Lendingkart Finance has managed to trim its loss by 62% to Rs.32.4 Cr for the quarter ended June 30, 2026 (Q1 FY27) from the Rs.84.8 Cr loss i... Read More


The End Of Free UPI, Fibe IPO Gets SEBI Nod & More

India, Sept. 16 -- UPI Gets MDR Makeover After a decade of free UPI payments, NPCI will now impose an MDR for select high-value transactions starting October 15. The move marks UPI's most consequenti... Read More


With UPI MDR Clarity, PhonePe Eyes IPO By March 2027

India, Sept. 16 -- With greater clarity around the monetisation of UPI payments following' the introduction of a new Merchant Discount Rate (MDR) framework, Walmart-backed fintech PhonePe is set to re... Read More


Finvolve Announces First Close Of Growth Stage Fund At Rs.90 Cr

India, Sept. 16 -- India Accelerator's dedicated multi-stage venture capital (VC) investment arm Finvolve has announced the first close of its Rs.250 Cr growth stage fund at Rs.90 Cr. Now, it expects ... Read More


India Accelerator-Backed Finvolve Announces First Close Of Growth Stage Fund At Rs.90 Cr

India, Sept. 16 -- India Accelerator's dedicated multi-stage venture capital (VC) investment arm Finvolve has announced the first close of its Rs.250 Cr growth stage fund at Rs.90 Cr. Now, it expects ... Read More


Inside Dextrus' Contrarian Bet In India's Venture Capital-Heavy Workspace Ecosystem

India, Sept. 16 -- The traditional Indian workplace is being reimagined. Whether it is a year-old startup or a decades-old enterprise, companies now want their offices to be more than just functional ... Read More