India's UPI Crosses 20 Billion Monthly Transactions — World's Largest Real-Time Payments Network
India's Unified Payments Interface has reached a historic milestone, processing over 20 billion transactions worth ₹23 lakh crore in a single month.
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India's Unified Payments Interface has reached a historic milestone, processing over 20 billion transactions worth ₹23 lakh crore in a single month.
Quick-commerce platform Zepto is preparing for a public market debut that could value the company at $5 billion, as it continues to dominate India's 10-minute delivery segment.
Meta has begun rolling out its AI assistant within WhatsApp in India, featuring voice conversations, image generation, and integration with popular local services.
Rapido, India's largest bike taxi platform, has closed a $200 million funding round and announced a pivot toward electric two-wheelers for B2B last-mile logistics.
Y Combinator's Winter 2026 batch features 12 Indian-founded startups, the highest ever representation from the country, focusing on AI tools, climate tech, and B2B SaaS.
Social commerce platform Meesho has achieved profitability for the first time in its history, reporting a profit after tax of ₹300 crore for FY2026 on revenues of ₹7,800 crore.
PhonePe has entered the credit card market with a co-branded card offering 5% cashback on UPI transactions, positioning itself to challenge HDFC and SBI Cards.
Peak XV Partners (formerly Sequoia India) has closed its largest-ever fund at $2.85 billion, signaling strong investor confidence in the India and SEA startup ecosystem.
India's ambitious semiconductor manufacturing mission has secured binding commitments from TSMC, Micron, and Intel totaling $30 billion in investment, positioning the country as a chip production hub.
Ola Electric's IPO delivered one of the most spectacular listing-day performances in Indian market history, with shares surging 140% and the company's market cap crossing ₹1 lakh crore.
Swiggy's quick-commerce arm Instamart has expanded to 75 cities and is now claiming an 8-minute average delivery time in its metro markets, intensifying the battle with Blinkit and Zepto.