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FINTECH ACQUISITION
UpGrad-Unacademy merger complete; Ultrahuman’s $60 million raiseUpGrad has completed its acquisition of Unacademy, marking the close of a major consolidation in India’s edtech sector. This and more in to...- GoPro to be acquired by Starman Optical in $285 million dealGoPro said on Tuesday it is being acquired by Starman Optical in an all-cash deal valued at $285 million.
- UPI transaction volumes hit record high in August, cross 24.5 billionData released by the National Payments Corporation of India (NPCI) showed transaction volumes rose 3.6% from 23.66 billion in July, while t...
- Niyo to acquire Capital India’s RemitX forex business for Rs 11.4 croreThe transaction will be undertaken through Kanji Forex, Niyo’s wholly owned subsidiary, and will also bring the RemitX brand and more than ...
- Startup block-deal rush puts private valuations to the cash testA rush of block deals in newly listed Indian startups is putting private-market valuations to the test. Early investors in Groww and Meesho...
- From 100,000 calls a month to 5 million a day: Inside Vobiz’s AI telephony betFounded by Suman Gandham and Vikash Srivastava, Vobiz is betting that the rise of AI voice agents will require a telecom layer built for ma...
- Vertex Group expands into Singapore with SGD 8.5 million T-Ventures acquisitionIt is also Vertex Group's third acquisition within a year, accelerating the company's transformation under Vertex 2.0 from a diversified bu...
- Y Combinator pockets another Rs 1,435 crore from Groww stake saleY Combinator has sold Groww-parent Billionbrains Garage Ventures shares worth Rs 1,434.5 crore, earning about 54x returns on its investment...
- 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....
- Zaggle plummets to 52-week low after disappointing Q1 resultsAfter a disappointing quarterly performance, Zaggle Prepaid Ocean Services saw its stock reach a 52-week low. Despite an increase in revenu...
- Zaggle Prepaid Ocean Services crashes 20%, hits lower circuit after Q1 PAT declines 33% YoYZaggle Prepaid Ocean Services shares hit the lower circuit after the company reported a sharp year-on-year decline in Q1FY27 profit, despit...
- Presenting the jury for The Economic Times Startup Awards 2026Meet the high-powered jury that will pick the winners of the ET Startup Awards 2026.
- Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI betsThe letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...
- Fintech startup Navi said to hire banks for $315 million IPONavi Ltd. is preparing for an Indian IPO targeting up to $315 million, with JM Financial, Kotak Mahindra Capital, Goldman Sachs and JPMorga...
- SBI cannot separately calculate UPI costs: Chairman CS SettySBI chairman CS Setty said banks cannot separately quantify the operating costs linked to rising UPI volumes. As debate over merchant charg...
- Payments Council backs UPI merchant charges, says users, small businesses will remain exemptPCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...
- Mastercard says UPI complements digital payments ecosystem, not a competitorMastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...
- UPI no challenge to Mastercard, has expanded digital payments: ExecMastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...
- Chime raises 2026 revenue forecast on robust demand, CFO to step downChime has increased its revenue growth forecast for the full year. The digital banking company also announced the departure of its Chief Fi...
- Mintoak acquires rewards fintech ICC Loyalty to expand bank platform in West Asia, AfricaBengaluru-based Mintoak has acquired Dubai's ICC Loyalty for consumer rewards technology. This acquisition was largely funded by Mintoak's ...
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