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ETtech Deals Digest: Olyv leads as weekly funding falls to $12 million, down 97% on-yearOlyv led deal activity with $6.1 million, followed by Froncort.AI at $2.3 million, mistEO at $1.9 million and Rigi at $1.1 million. BeyondS...
Paytm gets RBI preliminary nod for pre-paid instruments, including walletPaytm's payments unit on Friday received initial approval from the RBI to run a system for issuing prepaid payment instruments, including d...
Razorpay claims Vulcan AI model detects 8x more international card fraudBusinesses including Blinkit, Bachatt and redBus report higher payment success and sharper fraud detection from Razorpay's payments foundat...
Huge inflows in small spacesIncreasing investments from global entities into India's financial sector are boosting the specialized lending institutions. Regulatory ref...
MeitY probes physical AI data use; Nvidia CEO Jensen Huang resignsMeitY is reviewing the practice of collecting first-person video and sensor data from gig workers to train physical AI models. This and mor...
UPI sees Diwali boom; AI cracks CaptchaDiwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
ET AI Business Transformation Masterclass heads to IIM Bangalore to decode enterprise AI adoptionThe AI Business Transformation Masterclass & Awards 2026 at IIM Bangalore will feature leaders from IndusInd Bank, PhonePe, PepsiCo, Shadow...
Prosus widens India fintech play after years of consumer internet betsThe Amsterdam-listed technology investor is also close to investing in artificial intelligence-led credit management startup Oolka, people ...
UPI volume, value post strong growth during Diwali as festive spending lights up digital paymentsThis year, November 6, which coincided with Dhanteras, recorded UPI transactions worth Rs 1.37 lakh crore, the second-highest daily transac...
How intelligent commerce is shaping the next frontier of merchant paymentsFor a decade, the task in India’s merchant payments was to get every shop and website to accept digital money. The value, leaders argued, a...
The next problem to solve: When money arrives, what can merchants do in the meantime?At GFF 2026, PRISM founder Ritesh Agarwal and Adyen’s Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hot...
From streaming to software, microdrama startups rewrite their growth pitchPeak XV Partners-backed Dashverse has discontinued its consumer platform DashReels and is looking to raise $30-40 million, largely for Fram...
Indian organisations on edge as sites fail to Captcha AI intrudersPersonal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US b...
Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loopholeUnified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently co...
Cashfree opens checkout to AI agents, leaves final say with shoppersCashfree has introduced Checkout for Agents, allowing AI agents to assist with online payments. This feature utilises WebMCP technology to ...
NPCI defends MDR charges in SC, says merchants can't pass on them to customersThe top court on September 28 had sought responses from the Centre and others, including the NPCI, on a petition challenging the decision t...
UPI MDR proposal: Street vendors may pass on charges to customers or switch to cash, ISB survey findsPayments by street vendors exceeding Rs 2,000 may incur charges under the proposed merchant discount rate framework. Many vendors may switc...
Over half of street vendors may cut UPI acceptance if 0.4% MDR is introduced: ISB studyMore than 67% of street vendors in India currently accept UPI payments for transactions. A proposed 0.4% merchant discount rate could lead ...
OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystemOneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help ...
Fintechs fortify cyber defences; Logistics cos in the speed laneHappy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morni...