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SAIF Partners and Elevation Capital reduce Paytm stake amid lingering stock pressure

SAIF Partners and Elevation Capital have sold a combined 2.33% stake in Paytm’s parent company, One 97 Communications, raising Rs2,038 crore amid ongoing stock underperformance since its IPO in 2021. Private equity investors SAIF Partners and Elevation Capital have pared…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Nvidia invests in Bengaluru startup Sarvam AI’s $75 million Series B extension, marking a first for an Indian firm

Bengaluru-based Sarvam AI secures a $75 million Series B extension, with Nvidia making its debut as a strategic investor, boosting India’s sovereign AI infrastructure ambitions. Bengaluru-based Sarvam AI has deepened its latest fundraising with a $75 million Series B extension…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Google Pay in India introduces AI-driven conversational finance assistant with Gemini models

Google has rolled out ‘Ask Google Pay’, a conversational AI feature powered by Gemini models, enabling users in India to understand spending patterns, find savings, and access financial insights through natural language queries, with privacy controls central to the rollout.…

  • apxadmin
  • August 5, 2026
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