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NAVI UPI STRATEGY
Navi’s FY26 loss widens fourfold on UPI investments; eyes FY27 profitabilityNavi reported a notable increase in net losses for FY26, largely attributed to its strategic investments in UPI and new market initiatives....- KKR to acquire Medicover India in $1.5 billion dealThe transaction includes a sale of 100% stake by existing shareholders, as well as a commitment to deploy fresh capital to fund its growth ...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- The ET Startup Awards 2025: Nominees for ‘Startup of the Year’ are hereHappy Wednesday! We at ETtech have been hard at work to bring you the 11th edition of The Economic Times Startup Awards (ETSA).
- Navi plans to push ahead with credit on UPI: CEO Rajiv NareshNavi aims to leverage credit on UPI for growth in a saturated market. The company processes millions of UPI payments monthly. Navi wants to...
- Lenskart gets pre-IPO bump; Amazon’s q-comm entryAsset manager Fidelity has marked up Lenskart’s valuation to $6.1 billion as the eyewear retailer gears up an IPO. This and more in today’s...
- Apple’s India pivot; Cloud, AI fuel Alphabet's gainApple is seeking to assemble all iPhones sold in the US in India by next year, the Financial Times reported. This and more in today’s ETtec...
- NPCI planning to let users save UPI IDs at merchant checkoutsThe National Payments Corporation of India (NPCI) is preparing a major overhaul of the Unified Payment Interface (UPI) online checkout expe...
- Paytm shares fall 4% as NPCI extends UPI market share cap deadline to 2026Paytm shares fell 4% to Rs 976.5 after NPCI extended the deadline for UPI providers to meet the 30% market share limit until 2026. This del...
- Relief for PhonePe, Google Pay as NPCI extends proposed 30% UPI market share cap deadline to end-2026The National Payments Corporation of India has extended the cap on volumes processed by Unified Payments Interface applications by two more...
- ETSA Startup of the Year Lenskart; consumer lending fintechs’ FY24 reportLenskart CEO Peyush Bansal outlined the company's expansion plans, including a new manufacturing plant in southern India, in an exclusive i...
- Adani One superapp clocked gross sales of Rs 750 crore in FY24According to the 2023-24 annual report of the Ahmedabad-based conglomerate's flagship company Adani Enterprises, the user base of the super...
- Consumer lending apps on track on profitability frontFreo joins the likes of Navi, Fibe and Kreditbee in profitability, reports positive cash flow over the last four months. They target variou...
- Sachin Bansal’s fintech Navi in talks to raise new funding at $2 billion valuation: sourcesThe $2-billion valuation Navi is seeking is lower than the previous funding discussions it had with investors. These discussions also come ...
- Amazon India marketplace revenue up 32%; ED unfreezes WazirX bank accountsAmazon Seller Services, which runs the Amazon India marketplace, reported a 32% jump in overall revenue to Rs 21,633 crore on a standalone ...
- Digital rupee must be anonymous: Nilekani; why Polygon tapped top investorsDigital rupee must be anonymous to prevent the possibility of state surveillance, Nandan Nilekani says. Institutional heft and firepower we...
- BharatPe banks on engineersIn today's ETtech Morning Dispatch: Making sense of BharatPe's banking foray; Mastercard ban gives Visa all the power; Over 150,000 IT jobs...
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