Ajinkya Kawale

The Bengaluru-based fintech firm, which has been offering cashbacks on UPI transactions, overtook Cred, which processed 126.48 million the same month

The average loan ticket size in the first half of FY25 was Rs 84,507, compared to Rs 92,086 since September 2021

Pai highlighted that Indian companies should focus on developing vertical large language models (LLMs) for domains like financial services, healthcare, and high-tech manufacturing

He added that the reason for adding premium offerings to the company's suite of services was to improve its bottom line and stay relevant in the market

The company claims to have a base of over 40 million merchants. It processes over 330 million transactions daily and has recorded an annualized total payment value of over Rs 150 trillion

The initial focus of the Unified Lending Interface is to provide small-ticket loans and improve collection efficiency

The company has about 750,000 users and was launched in 2021

Other amendments included modifying the vesting schedule for future grants from the previous five-year limit to a range of one to five years from the grant date

The inorganic push comes as the company plans to complete its value chain in financial offerings in the business-to-business (B2B) sector from underwriting to debt recovery

Needs approval of at least 50% of creditors by volume, and 75% by value

The expansion into Singapore comes on the back of the company's focus on the South East Asian market

The price of Bitcoin rallied to $95,083 per piece on Sunday from $78,225 on Friday following Trump's announcement. It normalised to $83,687 on Tuesday at the time of writing this report

Rezolv claims to simplify collections by centralising data and optimising workflows. It utilises AI analytics to improve recovery rates

Company says these violations pertain to a period when these firms were not subsidiaries of One97 Communications

Chandrasekaran explained that the group was focused on priority areas, including artificial intelligence, sustainability and new energy, and geopolitical and supply chain resilience

RuPay is India's indigenous payment network run on NPCI's infrastructure

'Cyber corporation' in Navi Mumbai will work as the state's headquarters against cybercrime: Devendra Fadnavis

Aravind Srinivas plans to make its professional service plan free for students in India

Company begins by partnering with AI startup Perplexity to offer in-app search for users

The airport is expected to commence international operations by July next year, Arun Bansal, chief executive officer (CEO), Adani Airport Holdings Limited (AAHL)