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For AI startups, venture capital shifts focus from growth to durable margins

New Delhi, Aug. 12 -- Venture capital firm Accel, which has backed Flipkart, Swiggy and Freshworks, says generative artificial intelligence (AI) has fundamentally changed the metrics Indian investors ... Read More


Accel returns to India market with $550 million fund, betting on AI-led startup wave

New Delhi, Aug. 12 -- Venture capital firm Accel on Wednesday announced its ninth India-focused early-stage fund, with $550 million in commitments, less than 18 months after closing its previous $650 ... Read More


super.money eyes commerce push with pay-in-three credit product

Bengaluru, Aug. 6 -- E-commerce giant Flipkart-backed fintech platform super.money is seeking to expand its revenue pool by adding a commerce-linked credit product to its Unified Payments Interface (U... Read More


River Mobility raises $120 mn to scale manufacturing, expand retail reach

New Delhi, Aug. 5 -- River Mobility said on Wednesday it has raised $120 million in an oversubscribed Series C round as it prepares to ramp up manufacturing, broaden its product range and expand its r... Read More


Instant-help apps want to expand, but economics don't add up

New Delhi, Aug. 3 -- Instant-help providers such as Snabbit, Pronto and Urban Company's InstaHelp may have to nearly double prices to achieve profitability as they expand into lower- and medium-densit... Read More


PayU gears up for the next payments battle with UPI credit, Mindgate

Bengaluru, July 28 -- Prosus-owned fintech firm PayU is preparing to broaden its consumer-credit business beyond checkout financing by exploring credit lines on the Unified Payments Interface (UPI), i... Read More


RuPay-on-UPI boosts card usage, but profits remain elusive

Mumbai, July 27 -- RuPay credit cards on Unified Payments Interface (UPI) have cracked one of digital payments' trickiest challenges-turning credit cards into an everyday payment tool. But their use f... Read More


Mint Explainer | Why the UPI merchant fee debate is back in focus

New Delhi, July 18 -- UPI's zero-fee model is back in focus as payment firms push for a limited merchant discount rate (MDR) on large transactions rather than across the board. Payment firms say costs... Read More


Fibe's IPO papers flag reliance on unsecured, repeat lending

Bengaluru, June 30 -- Mumbai-based Fibe filed for an initial public offering on Tuesday, combining a fresh issue of up to Rs.750 crore with an offer for sale of more than 40 million shares by existing... Read More


Flipkart bets on SuperCoins to outlast India's discount wars

Mumbai, June 30 -- Flipkart Internet Pvt. Ltd is expanding SuperCoins, its loyalty programme, into a cross-platform rewards currency, much like airline miles, with benefits extending beyond shopping t... Read More