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SAHIL KINI
Lenskart profits surge; AI pressure on FreshworksEyewear retailer Lenskart posted a whopping 74-fold profit and strong revenue growth for the December quarter. This and more in today's ETt...- RBI Innovation Hub boosts its top deckThe appointments follow Sahil Kini, founder of fintech startup Setu becoming new CEO of the company wholly owned by RBI.
- Criminals shift tactics to new Indian hotspots, banks freeze 850,000 mule accountsMule accounts are spreading across India beyond traditional hotspots. Criminals are using new locations and methods like in-game purchases ...
- Jamtaras everywhere: Mule accounts mushroom in new pockets as investigators target hotspotsAs cybercriminals shift their mule account operations from known hotspots to quieter Indian towns, authorities are scrambling to keep pace....
- RBI in no hurry to launch digital currency: T Rabi ShankarThe Reserve Bank of India has no immediate plans for a nationwide CBDC launch, prioritizing cross-border arrangements and pilot projects fo...
- Setu strengthens top deck with senior execs from Razorpay, PhonePe, WibmoPine Labs-owned fintech appoints Anand Raisinghani as CEO, brings in former leaders from Razorpay, Clear, and PhonePe across key roles.
- IT sector adds fewer hands; BigBasket’s muted financialsHappy Friday! Hiring in India’s IT sector declined significantly in the April-June quarter. This and more in today’s ETtech Morning Dispatc...
- Pine Labs-owned Setu partners Axis Bank for UPI-focused payments platformPine Labs' Setu has launched UPISetu, a UPI-focused payments platform in collaboration with Axis Bank. The platform supports diverse paymen...
- Pine Labs-owned Setu teams up with Sarvam AI to build LLM for financial servicesPine Labs developed Sesame, a large language model for BFSI in India, with Setu and Sarvam AI. Sesame leverages financial data for credit u...
- Setu gets in-principle RBI nod for account aggregator licencePine Labs acquired Setu in a cash-and-stock deal worth $70-75 million last month.
- Digital payments provider Pine Labs acquires API infra firm Setu for $70-75 millionPost the acquisition, Setu will work independently and retain its brand entity and continue to serve its existing merchants and Pine Labs w...
- API infra firm Setu raises $3.5m seedSetu was founded by Sahil Kini, a principal with Aspada Investments, and Nikhil Kumar, a fellow at iSPIRT Foundation.
- Get your cosplay game right: Delhi gears up for the 8th edition of Comic ConThe festival will be held from December 7-9.
- Keeping the flock together: The secret behind OYO retaining its top talentRetaining top talent is a bugbear for startups globally but OYO has bucked the trend. Biswarup Gooptu writes on how a startup run by a coll...
- Lending to SMEs: How startups are grappling with the issue of combining tech and non-tech strategiesLending to SMEs is inherently tough on multiple counts. Most SMEs operate in the informal economy and sourcing data on them is tough and of...
- BHIM app: 'A technology ecosystem for the poor'You may not remember this mobile app in some years as much as you’ll remember the digital payment ecosystem that Bharat Interface for Money...
- Personal task management startup Dunzo raises $650K Pre-Series A fundingThe dunzo app, with its full stack approach, leverages both AI and human operators in providing solutions for consumers’ everyday tasks. Th...
- Reverie Technologies raises $4 million in Series A fundingFounded in 2010, Reverie devises full-stack solutions to translate, transliterate, input, and search on the web in dozens of Indian languag...
- Etailers like Amazon, TaxiForSure are designing technology suited for delivery boysTake for example ecommerce giant Amazon, which provides each of its 7,000 delivery boys a tablet equipped with automated realtime tools for...
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