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Startup News

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Inc42

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Features

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Startup Resources

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Brandlabs

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Electric Vehicles

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Sachin Bansal-led fintech unicorn Navi's NBFC arm, Navi Finserv Ltd, continued to see its consolidated profit sink in the fiscal year FY26. In the fiscal year, the company's profit after tax plunged 46% to ₹93.3 Cr from ₹172.2 Cr in FY25. 

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Navi Finserv's FY26 Profit Plunges 46% To ₹93 Cr #DH_SHARE_URL# By Inc42 via Dailyhunt

Navi Finserv's FY26 Profit Plunges 46% To ₹93 Cr

https://inc42.com/buzz/navi-finservs-fy26-profit-plunges-46-to-%e2%82%b993-cr

It was an action-packed month for the fintech sector. Lending tech startup Kissht made a bumper listing on the bourses, while InCred Holdings filed its updated DRHP for a ₹1,250 Cr IPO. 

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Fintech Startups To Watch: Startups That Caught Our Eye In May #DH_SHARE_URL# By Inc42 via Dailyhunt

Fintech Startups To Watch: Startups That Caught Our Eye In May

https://inc42.com/startups/fintech-startups-to-watch-startups-that-caught-our-eye-in-may

Artificial Intelligence has changed the way companies manage their workforce. Apart from shaving off the headcount, companies are also reassessing how they hire.

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We Only Hire For Jobs AI Can't Do: S45 Cofounder Aman Singh #DH_SHARE_URL# By Inc42 via Dailyhunt

We Only Hire For Jobs AI Can't Do: S45 Cofounder Aman Singh

https://inc42.com/buzz/we-only-hire-for-jobs-ai-cant-do-s45-cofounder-aman-singh

As AI makes building and delivering functionality easier, PhonePe cofounder and CTO Rahul Chari believes that the distribution and the power to distribute data at scale more intelligently become a strong moat.

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Data, Distribution Will Be The Moats In The Age Of AI: PhonePe's Rahul Chari #DH_SHARE_URL# By Inc42 via Dailyhunt

Data, Distribution Will Be The Moats In The Age Of AI: PhonePe's Rahul Chari

https://inc42.com/buzz/data-distribution-will-be-the-moats-in-the-age-of-ai

Recently listed lending tech company Kissht's net profit for the March quarter (Q4 FY26) surged 52% to ₹82.2 Cr from ₹54.2 Cr in the year ago quarter.

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Kissht Q4: Profit Zooms 52% YoY To ₹82 Cr, Revenue Up 68% #DH_SHARE_URL# By Inc42 via Dailyhunt

Kissht Q4: Profit Zooms 52% YoY To ₹82 Cr, Revenue Up 68%

https://inc42.com/buzz/kissht-q4-profit-zooms-52-yoy-to-%e2%82%b982-cr-revenue-up-68

Listed fintech major MobiKwik has received the Reserve Bank of India's (RBI) an in-principle approval to operate as a payment aggregator-physical (PA-P) licence.

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MobiKwik Gets RBI's In-Principle Nod For Offline Payment Aggregator Licence #DH_SHARE_URL# By Inc42 via Dailyhunt

MobiKwik Gets RBI's In-Principle Nod For Offline Payment Aggregator Licence

https://inc42.com/buzz/mobikwik-gets-rbis-in-principle-nod-for-offline-payment-aggregator-licence

Fintech major Pine Labs plans to soon launch infrastructure for stablecoin-backed prepaid cards in global markets. During the company's Q4 earnings call today, CEO Ambrish Rau said that while India has a robust payments ecosystem owing to UPI, stablecoins hold relevance in the global markets due to their ability to handle quick transactions and remittances.

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Pine Labs To Launch Infra For Stablecoin-Backed Prepaid Cards In Global Markets #DH_SHARE_URL# By Inc42 via Dailyhunt

Pine Labs To Launch Infra For Stablecoin-Backed Prepaid Cards In Global Markets

https://inc42.com/buzz/pine-labs-to-launch-infra-for-stablecoin-backed-prepaid-cards-in-global-markets

Days after FIRs were filed against fintech firms MobiKwik and Lendbox for allegedly blocking customer withdrawals on P2P lending platform MobiKwik Xtra, the listed fintech startup has now issued a clarification on the matter.

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After Facing FIRs For Allegedly Blocking User Funds, MobiKwik Claims 90% Repayment #DH_SHARE_URL# By Inc42 via Dailyhunt

After Facing FIRs For Allegedly Blocking User Funds, MobiKwik Claims 90% Repayment

https://inc42.com/buzz/after-facing-firs-for-allegedly-blocking-user-funds-mobikwik-claims-90-repayment

Paytm announced on Friday that it would invest &euro;9 Mn (around ₹99.8 Cr) in its European subsidiary, according to its filings with the stock exchanges.

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Paytm To Invest €9 Mn To Expand Europe Operations #DH_SHARE_URL# By Inc42 via Dailyhunt

Paytm To Invest €9 Mn To Expand Europe Operations

https://inc42.com/buzz/paytm-to-invest-e9-mn-to-expand-europe-operations

The past two years have seen a rush for payments licences in India. The Reserve Bank of India (RBI) has handed out payment aggregator (PA) and payment gateway (PG) authorisations in rapid succession to a host of companies. 

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Can Cashfree's SME And Cross-Border Bets Solve Its Profitability Puzzle? #DH_SHARE_URL# By Inc42 via Dailyhunt

Can Cashfree's SME And Cross-Border Bets Solve Its Profitability Puzzle?

https://inc42.com/features/can-cashfree-sme-and-cross-border-bets-solve-its-profitability-puzzle

Madison India Capital today offloaded 2.48 Cr shares in fintech major Pine Labs in a block deal worth ₹356.86 Cr. As per NSE data, the PE firm, via its Madison India Opportunities IV fund, sold the shares at ₹144 apiece to rake in the amount.

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Madison India Capital Partially Exits Pine Labs Via ₹357 Cr Block Deal #DH_SHARE_URL# By Inc42 via Dailyhunt

Madison India Capital Partially Exits Pine Labs Via ₹357 Cr Block Deal

https://inc42.com/buzz/madison-india-capital-partially-exits-pine-labs-via-%e2%82%b9357-cr-block-deal

Paytm early investor Elevation Capital offloaded 56.22 Lakh in a block deal valuing each share at ₹1,120.65. The investor raked in over ₹630 Cr via the block deal on Friday.

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Elevation Capital Offloads Paytm Shares Worth ₹630 Cr #DH_SHARE_URL# By Inc42 via Dailyhunt

Elevation Capital Offloads Paytm Shares Worth ₹630 Cr

https://inc42.com/buzz/elevation-capital-offloads-paytm-shares-worth-%e2%82%b9630-cr

Fintech Coverage

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Ecommerce

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Edtech

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Startup Stories

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Consumer Internet

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Startup Ecosystem

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After US President Donald Trump claimed on social media that an agreement with Iran would be taken soon, Tehran on Saturday rejected such claims and said that no final understanding has been reached, and said Tehran would not act under external pressure, Iranian state media Press TV reported.

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Iran rejects Trump's ceasefire claim: Here's what Tahran said on final understanding to end conflict #DH_SHARE_URL# By India TV via Dailyhunt

Iran rejects Trump's ceasefire claim: Here's what Tahran said on final understanding to end conflict

https://www.indiatvnews.com/news/world/iran-rejects-trumps-ceasefire-claim-heres-what-tahran-said-on-final-understanding-to-end-conflict-2026-05-30-1042967

The Israeli military said that air attack sirens have been activated across several locations in northern Israel, Al Jazeera reported.

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US-Iran news LIVE: US sanctions Iranian 'network' buying military tech for defence; no decision on deal yet #DH_SHARE_URL# By Hindustan Times via Dailyhunt

US-Iran news LIVE: US sanctions Iranian 'network' buying military tech for defence; no decision on deal yet

https://www.hindustantimes.com/world-news/us-iran-news-live-updates-ceasefire-deal-proposal-donald-trump-strikes-hormuz-strait-netanyahu-israel-lebanon-latest-101780101778333.html?utm_source=newshunt-ht

Water shortages deepened across large parts of Delhi on Friday, with residents in several neighbourhoods reporting dry taps for days, mounting dependence on tankers and growing concerns over contamination, while authorities offered little clarity on when normal supply would be restored.

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Water crisis continues in Delhi as supply hit for over a week in several pockets #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Water crisis continues in Delhi as supply hit for over a week in several pockets

https://www.hindustantimes.com/india-news/water-crisis-continues-in-delhi-as-supply-hit-for-over-a-week-in-several-pockets-101780102823708.html?utm_source=newshunt-ht

BENGALURU Karnataka's political history offers a recurring warning for parties attempting to replace powerful regional leaders before the end of a term: the administrative transition may be immediate, but the electoral consequences often unfold slowly.

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Congress Legislature Party to meet today to elect new leader #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Congress Legislature Party to meet today to elect new leader

https://www.hindustantimes.com/india-news/congress-legislature-party-to-meet-today-to-elect-new-leader-101780083180669.html?utm_source=newshunt-ht

Jaxson Dart's appearance at the President Donald Trump's New York rally quickly went viral and generated widespread headlines, as it is uncommon for a young NFL player to publicly endorse or praise a sitting U.S. president at a high-profile political event.

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What New York Giants players have said about Jaxson Dart's appearance at Donald Trump rally #DH_SHARE_URL# By Hindustan Times via Dailyhunt

What New York Giants players have said about Jaxson Dart's appearance at Donald Trump rally

https://www.hindustantimes.com/sports/us-sports/what-new-york-giants-players-have-said-about-jaxson-darts-appearance-at-donald-trump-rally-nfl-101780095574631.html?utm_source=newshunt-ht

Eight months after the crash of AI 171 in June 2025, an Air India Boeing 787-8 was grounded following its London to Bengaluru flight in February 2026. The reason: a faulty fuel control switch.

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Fuel switches and the competing theories in Air India Dreamliner crash probe #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Fuel switches and the competing theories in Air India Dreamliner crash probe

https://www.hindustantimes.com/india-news/fuel-switches-and-the-competing-theories-in-air-india-dreamliner-crash-probe-101780102304249.html?utm_source=newshunt-ht

Former Arcadia Mayor Eileen Wang pleaded guilty on Friday (May 29) to acting as an illegal agent of the Chinese government, admitting she promoted Beijing-backed content in the United States without notifying federal authorities.

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Eileen Wang, former Arcadia mayor pleads guilty to secretly acting as agent for Chinese government #DH_SHARE_URL# By WION via Dailyhunt

Eileen Wang, former Arcadia mayor pleads guilty to secretly acting as agent for Chinese government

https://www.wionews.com/world/eileen-wang-former-arcadia-mayor-pleads-guilty-to-secretly-acting-as-agent-for-chinese-government-1780102153497

The Central Board of Secondary Education issued its on-screen marking contract to Hyderabad-based Coempt Edu Teck on December 5, 2025 - just 66 days before the board announced the full-fledged rollout of OSM on February 9 - with the firm having emerged as the lowest financial bidder in a quality-and-cost based tender process, officials said on Friday.

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OSM work order placed 74 days before Boards #DH_SHARE_URL# By Hindustan Times via Dailyhunt

OSM work order placed 74 days before Boards

https://www.hindustantimes.com/india-news/osm-work-order-placed-74-days-before-boards-101780082580719.html?utm_source=newshunt-ht

An internal observation report from a dry run of the Central Board of Secondary Education's on-screen marking system, conducted at five Delhi schools in January 2026, flagged at least 36 technical, operational and evaluation-related concerns - including risks of &quot;blind or superficial checking&quot;, weakened supervisory oversight, absence of safeguards against data loss and a finding that the system offered no opportunity for evaluators to deliberate or arrive at a consensus on marks - weeks before the board deployed it at national scale for Class 12 board examinations.

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Report flagged concerns after CBSE OSM dry run #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Report flagged concerns after CBSE OSM dry run

https://www.hindustantimes.com/india-news/report-flagged-concerns-after-cbse-osm-dry-run-101780082520221.html?utm_source=newshunt-ht

India's impressive economic growth, and the revenue cushion it has generated over the past three-and-a-half decades have allowed it to surmount some of the most acute social sector challenges, and it no longer has to worry about population growth which is already on a declining trajectory.

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Health cover, welfare drive India's social gains: National Family and Health Survey #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Health cover, welfare drive India's social gains: National Family and Health Survey

https://www.hindustantimes.com/india-news/health-cover-welfare-drive-india-s-social-gains-nfhs-101780102329665.html?utm_source=newshunt-ht

NEW DELHI: The Indian Navy has quietly dropped a much-hyped plan to indigenise the ranks of its non-officer cadre, a proposal that was part of a larger drive to shed military traditions inherited from the British, senior officials aware of the matter said on Friday.

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Proposal to indigenise navy ranks quietly sinks #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Proposal to indigenise navy ranks quietly sinks

https://www.hindustantimes.com/india-news/navy-rolls-back-much-hyped-plan-to-indigenise-ranks-101780082460457.html?utm_source=newshunt-ht

For the second time in three nights, teen phenom Vaibhav Sooryavanshi was dismissed in the 90s, caught at third-man. For the second time in four nights, Sai Sudharsan managed to get himself out hit wicket, the bat spiralling off his hands and unerringly zeroing in on the stumps.

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It takes a Gill masterpiece, steeped in orthodoxy, to overshadow another Sooryavanshi special #DH_SHARE_URL# By Hindustan Times via Dailyhunt

It takes a Gill masterpiece, steeped in orthodoxy, to overshadow another Sooryavanshi special

https://www.hindustantimes.com/cricket/it-takes-a-gill-masterpiece-steeped-in-orthodoxy-to-overshadow-another-sooryavanshi-special-101780101635159.html?utm_source=newshunt-ht

Vaibhav Sooryavanshi scored the slowest fifty of his IPL career on Friday night (off 31 balls), but it was his best innings on so many counts.

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Egoless, circumspect, quick-learning Vaibhav Sooryavanshi shows the world he is more than ready for internationals #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Egoless, circumspect, quick-learning Vaibhav Sooryavanshi shows the world he is more than ready for internationals

https://www.hindustantimes.com/cricket/egoless-circumspect-quick-learning-vaibhav-sooryavanshi-shows-the-world-he-is-more-than-ready-for-internationals-101780072222844.html?utm_source=newshunt-ht

New Delhi : The India Meteorological Department (IMD) on Friday revised its seasonal rainfall forecast downward - from 92% of the long-period average issued in April to 90% - and attached a 60% probability to a deficient season, meaning there is a better-than-even chance that total rainfall falls below the threshold that even qualifies as below-normal.

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A weak monsoon looms as MeT dept lowers its forecast #DH_SHARE_URL# By Hindustan Times via Dailyhunt

A weak monsoon looms as MeT dept lowers its forecast

https://www.hindustantimes.com/india-news/a-weak-monsoon-looms-as-met-dept-lowers-its-forecast-101780101546802.html?utm_source=newshunt-ht

Washington DC [US], May 30 : The White House has unveiled a new space-themed website focused on immigration enforcement, using imagery and language associated with extra-terrestrials to highlight arrests of individuals residing in the United States without legal authorisation.

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"They walk among us": US launches 'aliens' themed website about immigrants' arrest #DH_SHARE_URL# By Lokmat Times via Dailyhunt

"They walk among us": US launches 'aliens' themed website about immigrants' arrest

https://www.lokmattimes.com/international/they-walk-among-us-us-launches-aliens-themed-website-about-immigrants-arrest

Tehran [Iran], May 30 : Persian Gulf Strait Authority (PGSA), Iran's new body to manage the passage of vessels through the Strait of Hormuz, condemned the US sanctions on it and vowed to continue its operations &quot;without interruptions&quot;.

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Iran's new Strait of Hormuz body condemns US sanctions, vows 'no interruptions' #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Iran's new Strait of Hormuz body condemns US sanctions, vows 'no interruptions'

https://www.lokmattimes.com/international/irans-new-strait-of-hormuz-body-condemns-us-sanctions-vows-no-interruptions

By By Reena BhardwajWashington DC [US], May 30 : US State Department Spokesperson Tommy Pigott said that US President Donald Trump has made it clear that trade is a priority for Washington, and more meetings are expected with trade representatives to close the trade deal with India.

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"Trade priority for US, expect more meetings": State Dept Spox Tommy Pigott on India deal #DH_SHARE_URL# By Lokmat Times via Dailyhunt

"Trade priority for US, expect more meetings": State Dept Spox Tommy Pigott on India deal

https://www.lokmattimes.com/international/trade-priority-for-us-expect-more-meetings-state-dept-spox-tommy-pigott-on-india-deal

New York [US], May 30 : The Rajasthan Association of North America (RANA), New York, under the leadership of its President, Prem Bhandari, and the Global Alliance of Rajasthani Community (GARC), has launched an awareness campaign to counter misinformation being spread through a fake immigration notice purportedly issued by the Government of Cambodia.

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https://www.lokmattimes.com/international/rana-garc-launch-awareness-campaign-against-fake-cambodia-immigration-notice