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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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Bengaluru-based VC firm LVX (formerly LetsVenture) has unveiled Elvix, an AI-powered intelligence platform designed to simplify deal evaluation and decision-making for private market investors.

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LVX Bets On AI To Transform Private Market Dealmaking #DH_SHARE_URL# By Inc42 via Dailyhunt

LVX Bets On AI To Transform Private Market Dealmaking

https://inc42.com/buzz/lvx-bets-on-ai-to-transform-private-market-dealmaking

Wealthtech startup Scripbox has acquired the mutual fund distribution business of wealth management firm Bluechip Capital to expand its footprint in Delhi NCR. 

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Scripbox Acquires Bluechip Capital to Expand Footprint In Delhi NCR #DH_SHARE_URL# By Inc42 via Dailyhunt

Scripbox Acquires Bluechip Capital to Expand Footprint In Delhi NCR

https://inc42.com/buzz/scripbox-acquires-bluechip-capital-to-expand-footprint-in-delhi-ncr

Insurtech major PB Fintech's cofounders Yashish Dahiya and Alok Bansal together sold 38 Lakh shares of the company via multiple block deals for a cumulative sum of ₹665.4 Cr 

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PB Fintech Cofounders Dump Shares Worth ₹665 Cr #DH_SHARE_URL# By Inc42 via Dailyhunt

PB Fintech Cofounders Dump Shares Worth ₹665 Cr

https://inc42.com/buzz/pb-fintech-cofounders-dump-shares-worth-%e2%82%b9665-cr

Fintech startup Lendingkart's NBFC arm Lendingkart Finance continued to remain under financial pressure in the fiscal year FY26 after slipping into loss in the previous fiscal.

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Lendingkart Finance's Loss Widens 16% To ₹333 Cr In FY26, Revenue Falls 62% #DH_SHARE_URL# By Inc42 via Dailyhunt

Lendingkart Finance's Loss Widens 16% To ₹333 Cr In FY26, Revenue Falls 62%

https://inc42.com/buzz/lendingkart-finances-loss-widens-16-to-%e2%82%b9333-cr-in-fy26-revenue-falls-62

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

AvenuesAI (formerly Infibeam Avenues) reported a consolidated net profit of ₹89 Cr in the fourth quarter of FY26, a jump of 63% from ₹54.7 Cr in the year-ago period.

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AvenuesAI Q4: Profit Jumps 63% YoY To ₹89 Cr, Revenue Zooms 115% #DH_SHARE_URL# By Inc42 via Dailyhunt

AvenuesAI Q4: Profit Jumps 63% YoY To ₹89 Cr, Revenue Zooms 115%

https://inc42.com/buzz/avenuesai-q4-profit-jumps-63-yoy-to-%e2%82%b989-cr-revenue-zooms-115

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

US-based venture capital firm Altimeter Capital has offloaded 1.56 Cr shares in fintech major Pine Labs in a block deal worth ₹211.08 Cr.

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Altimeter Capital Partially Exits Pine Labs Via ₹211 Cr Block Deal #DH_SHARE_URL# By Inc42 via Dailyhunt

Altimeter Capital Partially Exits Pine Labs Via ₹211 Cr Block Deal

https://inc42.com/buzz/altimeter-capital-partially-exits-pine-labs-via-%e2%82%b9211-cr-block-deal

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

Pine Labs' Profit RunPine Labs scored its maiden full-year of profitability in FY26, anchored by a lucrative Q4 bottom line. Driven by growing revenues, domestic contracts, fresh launches and an aggressive global push, the fintech giant thrived despite West Asia headwinds.

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Pine Labs' Q4 Show, Paytm's Europe Play & More #DH_SHARE_URL# By Inc42 via Dailyhunt

Pine Labs' Q4 Show, Paytm's Europe Play & More

https://inc42.com/buzz/pine-labs-q4-show-paytms-europe-play-more

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

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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Bengaluru: World No.1 Magnus Carlsen avenged his opening round classical defeat against Alireza Firouzja with a win with White in Round 6 of Norway Chess on Sunday.

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Carlsen wins against Firouzja; Praggnanandhaa, Gukesh, Divya lose #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Carlsen wins against Firouzja; Praggnanandhaa, Gukesh, Divya lose

https://www.hindustantimes.com/sports/others/carlsen-wins-against-firouzja-praggnanandhaa-gukesh-divya-lose-101780333643450.html?utm_source=newshunt-ht

A 35-year-old man, who was arrested on Sunday on charges of raping a 10-year-old girl, was shot in a police vehicle in Kamrup Metro district when he tried to snatch a service weapon from a police officer and escape, Assam police said on Monday.

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Assam man arrested for 10-yr-old's rape shot. Cops say he tried to escape #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Assam man arrested for 10-yr-old's rape shot. Cops say he tried to escape

https://www.hindustantimes.com/india-news/assam-man-arrested-for-10-yr-old-s-rape-shot-cops-say-he-tried-to-escape-101780333409926.html?utm_source=newshunt-ht

A 70-foot statue of Lionel Messi beside VIP Road in Kolkata's Lake Town has been dismantled after residents warned that it moved in strong winds on Monday.

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Lionel Messi's 70 Foot Statue Removed In Kolkata Less Than A Year After Installation; Here's Why #DH_SHARE_URL# By OneIndia via Dailyhunt

Lionel Messi's 70 Foot Statue Removed In Kolkata Less Than A Year After Installation; Here's Why

https://www.oneindia.com/kolkata/lionel-messis-70-foot-statue-removed-in-kolkata-less-than-a-year-after-installation-heres-why-014-8105661.html?utm_source=DH-MoreFromPub&utm_medium=DH-app&utm_campaign=DH

Ahmedabad: It took Royal Challengers Bengaluru 18 years to win their first IPL title. Now, there are many examples of teams having a season where everything finally falls into place but are unable to repeat that success.

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How RCB's team-and-bowlers first approach pays off #DH_SHARE_URL# By Hindustan Times via Dailyhunt

How RCB's team-and-bowlers first approach pays off

https://www.hindustantimes.com/cricket/how-rcb-s-team-and-bowlers-first-approach-pays-off-101780333164581.html?utm_source=newshunt-ht

Despite some progress noted over the past week between the United States and Iran in peace negotiations, the talks have hit a snag after Israel announced it will be expanding its military operations in Lebanon.

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Israel continues to bombard Lebanon even as Iran threatens to walk away from US deal, block Bab al-Mandab Strait #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Israel continues to bombard Lebanon even as Iran threatens to walk away from US deal, block Bab al-Mandab Strait

https://www.hindustantimes.com/world-news/israel-continues-to-bombard-lebanon-even-as-iran-threatens-to-walk-away-from-us-deal-block-bab-al-mandab-strait-101780329999366.html?utm_source=newshunt-ht

Delhi Chief Minister Rekha Gupta has announced a major shake-up in the Central Procurement Agency (CPA) under the Department of Health and Family Welfare to make Delhis health services more robust, transparent, and accountable.

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Delhi health department overhaul: Over 40 doctors and officers transferred to strengthen central procurement agency #DH_SHARE_URL# By Zee News via Dailyhunt

Delhi health department overhaul: Over 40 doctors and officers transferred to strengthen central procurement agency

https://zeenews.india.com/india/delhi-health-department-overhaul-over-40-doctors-and-officers-transferred-to-strengthen-central-procurement-agency-3052134.html

In a significant shift in Jammu and Kashmirs Kulgam district, thousands of people joined the &quot;Drug-Free Jammu and Kashmir Padyatra&quot; led by Lieutenant Governor Manoj Sinha.

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From stone-pelting to anti-drug slogans: Jammu and Kashmir's Kulgam scripts new story #DH_SHARE_URL# By Zee News via Dailyhunt

From stone-pelting to anti-drug slogans: Jammu and Kashmir's Kulgam scripts new story

https://zeenews.india.com/india/kulgam-drug-free-padyatra-manoj-sinha-anti-drug-campaign-jk-3052133.html

Vaibhav Sooryavanshi, the 15-year-old teen prodigy, emerged as the standout performer of the Indian Premier League (IPL) 2026 season, scoring 776 runs.

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Vaibhav Sooryavanshi nudged to 'fight for his spot' if youngster harbours Test dream for India: 'Really about.' #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Vaibhav Sooryavanshi nudged to 'fight for his spot' if youngster harbours Test dream for India: 'Really about.'

https://www.hindustantimes.com/cricket/vaibhav-sooryavanshi-nudged-to-fight-for-his-spot-if-youngster-harbours-test-dream-for-india-really-about-101780330362133.html?utm_source=newshunt-ht

Dubai's real estate market has continued to launch new projects since the beginning of 2026, defying the regional and geopolitical tensions that the region has experienced since the end of February.

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Dubai launched 250 real estate projects worth Dhs75 billion in last 5 months #DH_SHARE_URL# By Gulf Today via Dailyhunt

Dubai launched 250 real estate projects worth Dhs75 billion in last 5 months

https://www.gulftoday.ae/business/2026/06/01/dubai-launched-250-real-estate-projects-worth-dhs75-billion-in-last-5-months

India has issued the Letter of Request (LoR) to France for the mega government-to-government deal worth around Rs 3.25 lakh crore to buy 114 Rafale fighter jets for the Indian Air Force.

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'Made-in-India' Rafale To Take Flight: 114 Jets On Cards As Govt Moves Ahead With Rs 3.25 Lakh Crore Deal #DH_SHARE_URL# By timesnow.in via Dailyhunt

'Made-in-India' Rafale To Take Flight: 114 Jets On Cards As Govt Moves Ahead With Rs 3.25 Lakh Crore Deal

https://www.timesnownews.com/india/made-in-india-rafale-to-take-flight-114-jets-on-cards-as-govt-moves-ahead-with-rs-325-lakh-crore-deal-article-154442186

In the modern digital world, where artificial intelligence is rapidly reshaping societies, a Chinese company is reportedly developing AI-powered technology that could help authoritarian governments not only monitor dissenters but also predict who may become one in the future.

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Chinese Tech Firm Exploiting AI To Profile Citizens, Predict Future Dissenters Using Data And Online Activity #DH_SHARE_URL# By The Daily Jagran via Dailyhunt

Chinese Tech Firm Exploiting AI To Profile Citizens, Predict Future Dissenters Using Data And Online Activity

https://www.thedailyjagran.com/world/chinese-tech-firm-exploiting-ai-to-profile-citizens-predict-future-dissenters-using-data-and-online-activity-10314659?utm_source=dailyhunt&utm_medium=referral&utm_campaign=jagranenglish

New Delhi [India], June 1 : Myanmar on Monday assured India it will do &quot;everything&quot; to push two key connectivity projects, stalled due to active hostilities in the Southeast Asian nation, to completion during the talks between Prime Minister Narendra Modi and President of Myanmar U Min Aung Hlaing as part of the latter's four-day visit to the country.

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Myanmar assures India to push connectivity projects, stalled due to active hostilities, to completion: MEA #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Myanmar assures India to push connectivity projects, stalled due to active hostilities, to completion: MEA

https://www.lokmattimes.com/international/myanmar-assures-india-to-push-connectivity-projects-stalled-due-to-active-hostilities-to-completion-mea

Beijing [China], June 1 : Chinese authorities have intensified surveillance and imposed restrictions on dissidents and activists across the country ahead of the 37th anniversary of the 1989 Tiananmen Square crackdown, according to The Epoch Times.

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China tightens surveillance, imposes travel restrictions ahead of Tiananmen anniversary #DH_SHARE_URL# By Lokmat Times via Dailyhunt

China tightens surveillance, imposes travel restrictions ahead of Tiananmen anniversary

https://www.lokmattimes.com/international/china-tightens-surveillance-imposes-travel-restrictions-ahead-of-tiananmen-anniversary

Leo Perino, the father of Fox News host and former White House Press Secretary, Dana Perino, has passed away. His death was reported on Fox News, where Dana Perino, who co-hosts The Five and America's Newsroom, reported the news.

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https://www.hindustantimes.com/world-news/us-news/who-was-leo-perino-fox-host-and-ex-wh-press-secretary-dana-perinos-father-passes-away-101780331230193.html?utm_source=newshunt-ht