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Fintech Stocks Rally On Report Of 40 Basis Point MDR On UPI, Paytm Touches 52-Week High

India, Sept. 11 -- Fintech company stocks - Paytm, Pine Labs, Mobikwik and AvenuesAI - rallied today amid reports suggesting that the merchant discount rate (MDR) fees on UPI transactions could soon b... Read More


How Rapido's Super App Model Is Taking Shape

India, Sept. 11 -- In April 2016, a bike taxi startup barely a few months old persuaded some established names in Indian business to back the idea of sharing a motorcycle ride. Hero MotoCorp's Pawan M... Read More


GFF 2026: NPCI Unveils Unified Ticketing, Takes RuPay Credit Card On UPI To US, UAE

India, Sept. 11 -- Adding to the spree of UPI launches at the Global Fintech Festival (GFF) 2026 in Mumbai, Reserve Bank of India (RBI) executive director Gunveer Singh introduced a comprehensive suit... Read More


Triptii Dimri Backs D2C Brand Peep Beauty As Investor, Co-Creator

India, Sept. 11 -- Actor Triptii Dimri has joined D2C eye-focused beauty brand Peep Beauty as an investor and co-creator as the startup looks to build a beauty category around coloured contact lenses ... Read More


EaseMyTrip Cofounder Nishant Pitti Pledges Shares Worth Rs.212 Cr To Motilal Oswal

India, Sept. 11 -- EaseMyTrip cofounder and chairman Nishant Pitti has pledged 34.51 Cr shares of the online travel aggregator, worth Rs.211.9 Cr, to Motilal Oswal Financial Services for "personal use... Read More


PhonePe Shuts Down Engineering Office In The US: Report

India, Sept. 11 -- Fintech major PhonePe has reportedly shut down its engineering office in the US, winding down a four year-old team. Sources told Times of India that the Bay Area team consisted of ... Read More


ESDS Touches Upper Circuit Again, Now Up 306% From IPO Price

India, Sept. 11 -- ESDS Software Solution extended its post-listing surge into a sixth consecutive trading session today, with its shares touching the upper circuit once again and climbing to more tha... Read More


Exclusive: Ultraviolette To Raise Rs.373 Cr As Manufacturing Facility BIGGA Takes Shape

India, Sept. 11 -- Electric two-wheeler (E2W) maker Ultraviolette Automotive is set to raise an additional Rs.373.04 Cr as part of its ongoing Series E funding round from investors Yali Capital, TDK V... Read More


RentoMojo IPO Subscription Hits 17.18X On Final Day, NIIs Lead Demand

India, Sept. 11 -- Online furniture and appliance rental platform RentoMojo's IPO was subscribed 17.18X by 13:27 IST on the final day of bidding today. The IPO received bids for 37.41 Cr shares again... Read More


Paris Panini Parent Popo Global Raises Rs.532 Cr From Artal Asia

India, Sept. 11 -- Bengaluru-based restaurant company Popo Global, which operates gourmet food brands including The Pizza Bakery, Paris Panini and Smash Guys, has raised Rs.532 Cr (around $56 Mn) from... Read More