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PHONEPE UAE EXPANSION
PhonePe to foray into UAE in maiden foreign outingThe company has received a licence from the Central Bank of UAE and will soon be operationalising the same, its founder Sameer Nigam told r...- “Whether we leave anyone behind”: Sameer Nigam’s blueprint for PhonePe’s second decadeAt Global Fintech Fest 2026, PhonePe founder‑CEO Sameer Nigam framed the company’s first ten years as the construction of India’s financial...
- From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
- UPI transactions rise 4.4% in May after April declineSince its launch in 2016, UPI has grown rapidly, driven by government efforts to push digital payments post-demonetisation, increased smart...
- Flipkart‘s quick breather; Now hiring: AI leadersHappy Tuesday! Flipkart is going slow on the expansion of its quick commerce service to control costs. This and more in today’s ETtech Morn...
- RBI grants payment aggregator licences to Razorpay, Cashfree, others; FirstCry’s IPO detailsWhile the payment aggregator licence was thought to be routine initially, for the likes of Razorpay and Cashfree, it makes a big impact as ...
- Game streaming firms plan global expansion; Razorpay’s $300-mn tax bill for reverse flippingTwo of India’s major gaming-focused streaming platforms are eyeing expansion in international markets to take on bigger rivals such as YouT...
- Fintechs shuffle the pack to come up with aces; and other top tech, startup stories of the weekEven fintech infrastructure provider Perfios has roped in Sumit Nigam as chief technology officer, who was previously the engineering head ...
- Mswipe Technologies appoints Ketan Patel as cofounder, strengthens top deckThe strengthening of its leadership structure comes as Mswipe is looking to push its global expansion plans.
- How digital payments became democratic – the UPI way, and other top tech & startup stories this weekUnified Payments Interface (UPI), the real-time bank transfer mechanism, breached the 10 billion monthly transaction volume mark last month...
- No window for IPO in current market situation: Pine Labs CEO Amrish RauAmrish Rau says investors want market storm to clear up before going for an IPO; eyes sales outpost in US, EU.
- Swiggy, Google announce layoffs; search giant vows to cooperate with CCI on Android rulingSwiggy and Google are the latest tech firms laying off employees amid a brutal funding winter and fears of a US recession. The food deliver...
- Cars24 zooms to $3B valuation; Behind the Paytm IPO debacleWe’d leave the year-end musings for a later edition of the newsletter but for now, we have a mix of scooplets, exclusives, and a deep dive ...
- Naspers may partner Tencent to deliver $200 million to SwiggyThe development comes shortly after Japan’s SoftBank dropped out of talks to invest $200-250 million in Swiggy for a significant minority s...
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