Startup Regulations in India
India, known for its vibrant entrepreneurial ecosystem, has witnessed a surge in startups over the past decade. The country is home to thousands of startups across various sectors, from technology…
Jai Kisan Acquires NBFC to Revolutionize Financial Inclusion
In a significant move aimed at bolstering its position in the rural fintech space, Jai Kisan, a startup dedicated to providing financial solutions to farmers and rural businesses, announced on…
Revolut Ventures Into Indian Market with RBI Nod
Revolut has secured an in-principle authorization from the Reserve Bank of India (RBI) to offer prepaid payment instruments (PPI), including prepaid cards and wallets, within the country...
Paytm Faces Regulatory Scrutiny; Denies Acquisition Rumors
Paytm, a leading fintech major, finds itself in the spotlight following regulatory actions by the central bank and amidst rumors of a potential acquisition...
Fintech Startups Secure Regulatory Approval Amidst RBI’s Tightening Controls
In a notable development within the Indian fintech landscape, two prominent startups, Juspay and Decentro, have recently obtained the final regulatory clearance to operate as payment aggregators...
Regulatory Directive Forces Closure of Neobanking Startup Muvin
Neobanking startup Muvin has ceased its operations following a directive from the Reserve Bank of India (RBI) instructing the discontinuation of Unified Payments Interface (UPI) in co-branding arrangements...
Paytm Payments Bank Faces RBI Restrictions: What You Need to Know
On Wednesday, the Reserve Bank of India (RBI) delivered a significant blow to Paytm Payments Bank, a subsidiary of one of India's largest payment firms, Paytm...
Tata Pay Secures RBI Payment Aggregator License
Tata Group's digital payments venture, Tata Pay, has achieved a significant milestone by obtaining the coveted Payment Aggregator (PA) license from the Reserve Bank of India (RBI)...