UpTik has achieved a significant milestone by reaching ₹12 crore in monthly lending, reflecting its rapid expansion in India’s private credit sector through innovative, technology-driven invoice discounting solutions for MSMEs. UpTik has reached ₹12 crore in monthly lending, a milestone…
JioFinance introduces a comprehensive online personal loan service allowing users to compare offers, check eligibility and get quick disbursal through a seamless digital process, expanding borrowing options with multiple partners. Applying for a personal loan through JioFinance is positioned as…
DSP Finance, the non-banking arm of DSP Group, has purchased Volt Money to strengthen its position in the rapidly growing digital loans against mutual funds market in India, enabling faster and more efficient borrowing for investors seeking short-term liquidity. DSP…
Indian startups continued their robust fund-raising momentum on 18 August 2026, with notable investments in geospatial, healthcare, and AI-driven platforms, signalling sustained investor confidence in software-led innovations across sectors. India’s startup funding pipeline stayed active on 18 August 2026, with…
India’s finance ministry clarifies that its flagship digital payments system will remain free for most users, despite recent rumours of potential merchant transaction fees, as the platform continues to expand rapidly and secure long-term resilience. India’s finance ministry has sought…
Fintech companies are adopting multimodal voice AI technology, combining voice guidance, biometric checks, and real-time analysis, to drastically reduce customer drop-off during identity verification, potentially boosting revenue and compliance efficiency. Fintech companies are increasingly turning to multimodal voice AI in…
Razorpay unveils Vulcan, a specialised AI model developed with NVIDIA and AWS, poised to revolutionise digital payments by enhancing security, reliability, and efficiency through innovative real-time payment behaviour analysis. Razorpay has introduced Vulcan, a transformer-based artificial intelligence model built specifically…
As regulators and criminals exploit gaps between separate fraud, AML, and KYC systems, firms are adopting a more integrated, API-driven approach to enhance detection, investigation, and ongoing monitoring of financial crimes. Financial crime controls are moving towards a more joined-up…
Meon launches an advanced Aadhaar-based eSign platform aimed at reducing paperwork and streamlining approval processes for Indian startups and enterprises, supporting high-volume workflows and seamless integration. Meon is pitching its Aadhaar eSign platform as a way for Indian businesses to…
Galaxy Health Insurance has partnered with Zoho to develop and deploy a regulator-compliant distribution platform in less than three months, enabling swift national expansion and more transparent operations amid a competitive insurance landscape. Galaxy Health Insurance has teamed up with…
India’s Reserve Bank of India has prematurely concluded its targeted foreign currency deposit scheme for non-resident Indians, citing sufficient inflows and surprising market expectations, potentially impacting confidence and rupee stability. India’s central bank has ended its special deposit push for…
Industry leaders in India’s BFSI sector warn that outdated technology platforms risk obsolescence as AI-driven innovations accelerate, prompting a strategic rethink focused on agility and customer-centric AI deployment. Indian banks and financial services firms are being pushed to rethink a…
