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Fintech funding holds at $513 million in Q1 2026, even as deal count collapses 54%: ReportIndia's fintech sector saw $513 million in funding in the first quarter of 2026. Capital is now going to fewer companies, with larger inves...- Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 croreFintech startup Juspay achieved its first year of profitability in FY25, reporting a net profit of Rs 62 crore after a loss in the previous...
- Juspay closes $60 million funding from Kedaara, others; valuation doubles to more than $900 millionThis round comes more than two years after Juspay raised $60 million in a funding round led by SoftBank. In a secondary investment, the fun...
- GST on rides: Platforms, unions push for review of levy on SaaS model as CBIC escalates it to GST CouncilThe GST Council delays a decision on the GST levy for ride-hailing apps. Companies and driver unions seek clarity on the SaaS model's tax i...
- Namma Yatri raises $11 million in funding round led by Blume Ventures, Antler, othersRide-hailing company Namma Yatri has raised Rs 92 crore or $11 million in a pre-Series A funding round. This was led by Blume Ventures and ...
- Fintech sector will dominate future Unicorns at USD 58 billion: Hurun reportThe total worth of India's future unicorns will stand at USD 58 billion, an increase of 1.2 per cent as compared to last year. Fintech sect...
- Juspay, others secure payment aggregator nod; Paytm shares reboundZoho is the first enterprise Saas player to get the payment aggregator nod from the RBI, joining the likes of Razorpay, Cashfree, Zomato an...
- How can Indian companies go global with India Stack: digital public infrastructure experts weigh inThe Beckn protocol can be implemented by platforms, organisations and governments to create integrated digital networks across diverse sect...
- Rentomojo informs customers about cyber attack, says their financial data is safeFurniture and appliance rental startup Rentomojo has told its customers that hackers gained access to one of its databases, compromising so...
- Gullak raises $3 million funding from YC and Rebel PartnersAccording to the startup, it will use the funds to offer unique financial products, strengthen its current product portfolio and expand its...
- Investment app Gullak raises Rs 10 crore in funding from Better Capital, StellarisThe startup will deploy the capital to expand its reach and use new funds for product enhancement and marketing.
- JusPay launches software to make digital wallets mutually compatibleThe Reserve Bank of India (RBI) said in May 2021 that all prepaid cards and wallets that are full-KYC compliant must be fully interoperable...
- SoftBank leads $60 million funding in Juspay, valuation jumps to $460 millionThe round also saw participation from existing investors VEF and Wellington Management. While SoftBank has put $50 million in this round, t...
- Only card networks and issuing banks may get to tokenise dataUnder the new norms, every online merchant processing transactions for customers will only have access to a 'tokenised' key linked with the...
- Payment companies face tighter RBI normsFrom April 1, all licensed payment system operators will have to submit detailed “compliance certificates” to the central bank twice a year...
- Data of 10 crore Mobikwik users for sale on dark web, say cybersecurity expertsThe Gurugram-based fintech company continued to deny its role in the leak, calling the researchers that made the breach public “media-craze...
- BuyUcoin suffered data leaks three times last year: Rajshekhar RajahariaBuyUcoin, a cryptocurrency wallet and exchange platform, joins a list of recent high-profile data leaks, including those at Big Basket, Una...
- Juspay Data Leak fallout: RBI swings into action to curb cyberattacksA team from the Reserve Bank of India (RBI) has reached out to key stakeholders, including Payments Council of India, enquiring about enfor...
- 10 crore Indians' card data selling on Dark Web: ResearcherThe massive data dump on the Dark Web has been leaked from a compromised server of Bengaluru-based digital payments gateway Juspay.
- Mobile payments startup JusPay gets Rs 40 crore from Accel, Bookmyshow foundersThe deal values three-year old Juspay at over Rs 200 crore. Accel has picked up about 20% stake in the company.
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