In the Mumbai vs Bengaluru startup funding race, Mumbai won 2024. Its funding jumped 154%, from $1.5 billion to $3.7 billion, which put it ahead of Bengaluru for the first time. Zepto’s mega-rounds and a surge in late-stage deals drove most of the jump. Bengaluru took the top spot back in 2025. What Happened in […]
Continue Reading
From October 15, 2026, NPCI is charging a 0.4% Merchant Discount Rate (MDR) on UPI payments above ₹2,000 made to merchants. Customers don’t pay anything extra – the fee comes out of the merchant’s side, split between banks, payment apps, and NPCI. Payments up to ₹2,000, all person-to-person transfers, and small shops collecting under ₹1 […]
Continue Reading
Flipkart just handed its fintech arm a job most e-commerce companies are still scared to try: let an AI make the purchase. Super.money, the payments platform Flipkart spun off from PhonePe’s fallout, is rolling out AI agents that shop on Flipkart on a customer’s behalf and buy gold automatically once prices hit a level the […]
Continue Reading