Fintech & Startups

Payments, UPI, neobanks, startup funding and the companies building financial products.

How Paytm lost its bank and rebuilt a profitable business Paytm lost its payments bank to an RBI order in 2024, then went from a Rs 840 crore quarterly loss to a Rs 225 crore profit. What changed, and what is fragile.
StockGro's FY26 profit triples to Rs 113 crore ahead of IPO StockGro's parent AssetGro Fintech reported FY26 net profit of Rs 113 crore on Rs 226 crore revenue, as it prepares an IPO of up to Rs 2,500 crore.
Walmart probes Flipkart staff over alleged Rs 150 crore kickbacks Walmart has reportedly opened a probe into alleged vendor kickbacks of over Rs 150 crore at Flipkart. The claim is unverified and Flipkart cites its controls.
Indian startups raise $130 million in a quieter week Inc42 counts $130.2 million across 32 deals for 26 to 30 October 2026, down 29% on the week; fintech was thin, led by Mochatrade and Tradl.
Binance hit by reported $6.3 billion breach, halts withdrawals Binance suspended withdrawals after a reported $6.3 billion breach. About $3 billion is frozen and the exchange says it will cover user losses.
PB Fintech Q2 profit rises 43% as advertising spend jumps PB Fintech, parent of Policybazaar and Paisabazaar, posted a Q2 FY27 profit of about Rs 192 crore on revenue up 35%, while its shares are down 38% since June.
Navi's Prosus deal cleared by CCI as IPO plans firm up The CCI cleared Prosus's minority investment in Navi. Reports differ on the amount, from $100 million to Rs 940 crore, and Sachin Bansal keeps 84.34%.
Atomberg gets SEBI nod for IPO with Rs 450 crore fresh issue SEBI has cleared fan maker Atomberg's IPO: a Rs 450 crore fresh issue plus a 7.65 crore-share sale. Revenue grew 34.8% but losses remain large.
Delhivery returns to profit in Q2 as Ecom Express costs end Delhivery posted a Rs 40.6 crore Q2 FY27 profit against a loss a year ago, with revenue up 19.8% to Rs 3,066 crore. What drove it and what to watch.
Pine Labs Q2 profit rises 6.5 times to Rs 39 crore Payments firm Pine Labs reported Rs 806 crore operating revenue and Rs 39 crore net profit for July-September 2026, up from Rs 6 crore a year earlier.
Venttup raises $3 million from Rainmatter and Unicorn India Ventures Bengaluru manufacturing startup Venttup raised a $3 million pre-Series A round led by Zerodha's Rainmatter and Unicorn India Ventures on 29 October 2026.
SEBI makes colour-coded Credit Risk-o-Meter mandatory for bonds SEBI's 7 October 2026 circular requires issuers and online bond platforms to show a colour-coded credit risk meter for debt securities, from about 21 November.
BlackBuck Q2 revenue up 56% to Rs 235 crore; profit 42% higher Truck-tech firm BlackBuck reported Rs 235 crore revenue and Rs 41.4 crore profit for Q2 FY27; its small lending arm made a loss.
Shadowfax Q2 profit jumps 5.2x to Rs 68 crore Logistics startup Shadowfax posted Rs 68 crore profit and Rs 1,538 crore revenue for Q2 FY27, up 57% from a year earlier.
Indian Startup Funding Roundup, 27 October 2026: Cent, Mochatrade and Six More Rounds Indian startup funding on 27 Oct 2026: Cent's $15M Series A, Mochatrade's UPI-funded US stock seed, and six more rounds, with what each tells us.
UPI MDR Explained: Why the Merchant Fee Is on Hold and What Happens Next UPI MDR of 0.4% on payments above Rs 2,000 is postponed past Diwali. Here is who pays, who is exempt, and what is still undecided.
UPI Market Share: PhonePe, Google Pay and the 800 Million Daily Transactions Milestone UPI market share shows PhonePe and Google Pay holding about 78% of volume as daily UPI transactions pass 800 million. Latest NPCI figures explained.
Jio Platforms IPO: ₹30,213 Crore Issue, Debt Repayment and Valuation Explained Jio Platforms IPO is a ₹30,213 crore fresh issue priced at ₹1,065-1,119. Key dates, use of proceeds, dilution and risks, explained simply.
UPI MDR Deferred Until After Diwali: What Merchants and Fintechs Should Know NPCI has deferred the UPI MDR rollout planned for 15 October until after Diwali. Here is what was proposed, who pays, and what to watch next.
UPI MDR Explained: The New 0.4% Merchant Fee and What Changes for Shops and Fintechs UPI MDR of 0.4% applies from 15 Oct 2026 on merchant payments above ₹2,000. Who pays, what is exempt, and what fintechs must change.