Financial Inclusion
Business
India Sets Ambitious $1 Trillion AUM Target for Mutual Fund Industry; Moneycontrol Summit to Chart the Course
India's mutual fund industry is poised for unprecedented growth, setting its sights on a monumental $1 trillion (₹83.5 trillion) Assets Under Management (AUM) target by 2030. This ambitious goal will be the central theme, dubbed "The Trillion Dollar Dream,"...
News
PhonePe Hits 600 Million Users: The Rise of India’s Digital Payment Giant
PhonePe, one of India's leading fintech companies, has achieved a remarkable milestone by crossing 600 million registered users on its platform as of March 2025. This achievement marks a significant step in PhonePe's journey, which began in August 2016...
Startup
Finova Capital Raises $135 Million in Series E, Eyes Expansion in MSME Lending Market
Jaipur-based NBFC Finova Capital has raised $135 million in its Series E funding round, supported by new investors such as Avataar Venture Partners, Sofina, and Madison India Capital. Long-time investor Norwest Venture Partners also participated, enabling exits for early...
Content
Slice Merges with NESFB: A New Era in Digital Banking and Financial Inclusion
In a milestone for India’s fintech sector, Bengaluru-based Slice has merged with North East Small Finance Bank (NESFB), effective October 27, 2024. This integration, approved by the RBI, CCI, and NCLT, combines Slice's digital banking with NESFB’s Northeast network,...
Latest News
X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities
In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...



