Fintech SaaS platform Mintoak has cracked the first e-rupee deal in India by acquiring Digiledge, that provides bill payments and Central Bank Digital Currency (CBDC) solutions to its digital payments platform.
The integration of Digiledge’s expertise will enable Mintoak’s partner banks including HDFC Bank, Axis Bank, State Bank of India, Absa Bank, Network International, and others to empower merchant acquirers and SMEs globally with advanced payments and commerce solutions.
“This acquisition is a major milestone in our mission to support SMEs with an all-in-one merchant payments and commerce platform. By adding Digiledge’s Bill Payments and CBDC capabilities, we are making it easier for merchant acquirers to grow and help more SMEs access digital tools and financial services. Together, we’re changing the way merchants do business in a digital world,” said Raman Khanduja, Co-founder and CEO of Mintoak.
The Reserve Bank of India started a pilot for the CBDC, or e-rupee, a digital alternative to physical currency, in December 2022, and last April, it expanded the scope of transactions to payment firms from having limited it to just banks initially.
InsuranceDekho bags $70 million from three investment companies
Insurtech startup InsuranceDekho has raised $70 million in a fresh funding round which was co-led by private equity fund Beams Fintech Fund, Japan’s Mitsubishi UFJ Financial Group (MUFG) and insurer BNP Paribas Cardif through its insurtech fund managed by European investment major Eurazeo.
“This capital will enable us to expand our reach, enhance our tech-driven offerings, and solidify our position as India’s go-to insurance platform. With our continued focus on digital transformation and customer-centric solutions, we are well-positioned to drive the next wave of insurance adoption in India,” said Ankit Agrawal, Founder & CEO of InsuranceDekho.
To date, InsuranceDekho claims to have served over 10.2 million customers nationwide, with 21 new policies issued every minute on its platform. It has achieved a footprint across 99% of the country’s pin codes, supported by a network of 220 K partners offering 720+ insurance products across categories such as Motor, Health, Life, and Corporate Business. The platform partners with 49 insurance companies.
Kissht co-founders launch Rezolv, raises $3.5 million from 3one4 Capital
Rezolv, a AI-powered unified debt resolution platform, has raised $3.5 million in seed round led by 3one4 Capital. Started in October 2024 by Karan Mehta and Sonali Jindal, co-founders of digital lending startup Kissht, the firm went live with its first two NBFC clients in January 2025.
The platform integrates digital communications, intelligent allocation, and real-time decision-making to ensure the most effective collection strategies. Additionally, Rezolv helps lenders augment collections decision-making through a strategy builder that enables the creation of micro strategies.
The funding will support product innovation, expansion, and deeper integration with financial institutions, helping lenders transition from fragmented processes to a seamless, intelligent, and AI-powered collections ecosystem.
Deciml raises $3 million in seed funding round from Jainam Broking
Deciml, a round-up investing platform, has raised $3 million in seed funding round led by Jainam Broking Limited strategic partnership brings together Jainam’s extensive financial expertise with Deciml’s innovative approach to micro-investing, a statement said.
Through its round-up feature, the platform automatically invests spare change from users’ daily transactions into Mutual Funds, making investing accessible and effortless for everyone. When users make any online transaction via card or UPI, Deciml rounds up the amount to the nearest 10 and invests the difference, creating a seamless pathway to wealth creation.
With this new funding, Deciml will enhance its product offerings, expand its user base, and strengthen its team.
TakeMe2Space raises Rs 5.5 crore in pre-seed round led by Seafund, Blume and others
SpaceTech startup TakeMe2Space has raised Rs 5.5 Crore in a pre-seed round led by Seafund. The round also saw participation from Blume Ventures, Artha Venture Fund, AC Ventures. and other marquee angels.
The company intends to use the fresh capital towards the launch of MOI-1 – India’s first AI-labratory in space. The Company has successfully finished 2 space missions in collaboration with ISRO’s POEM platform, a statement said.
TakeMe2Space with its upcoming MOI-1 launch will focus to ensure the 15+ early customers for AI-lab have a smooth experience of running their orbital applications. In the short term, the company’s GTM would be focused on doubling down on adoption of TM2S developed satellite subsystems in India, Australia and Europe. In the last 12 months, TakeME2Space has expanded to a team of 17+ members that have built over 15 satellite sensors and subsystems.
DotMe secures $150,000 funding from Jimmy’s Cocktails Ex-cofounder Mirza L. Baig
DotMe, a link-in-bio platform for creators, has raised $150,000 in funding round led by strategic investor and ex-cofounder of Jimmy Cocktails, Mirza L. Baig, at a valuation to $1.25 million.
The newly raised capital will enable DotMe to enhance its platform, simplify monetization, and strengthen connections between creators and brands, according to the company.
“The creator economy is evolving beyond content into a powerful ecosystem of commerce and community. At DotMe, we’re building the infrastructure that helps creators not only showcase their work but also monetize effectively and forge stronger connections with their audiences.” said Harsh Vijaykumar, Founder, and CEO. “With Mirza’s strategic backing and industry expertise, we are poised to scale rapidly, introduce innovative features, and transform how creators and brands collaborate in the digital space.”
Retail stalwart B.S. Nagesh backs quick commerce platform KiranaPro
KiranaPro, a quick commerce platform, has onboarded B.S. Nagesh, the Chairman of Shoppers Stop and the Founder of TRRAIN (Trust for Retailers and Retail Associates of India), as both an advisor and investor.
Nagesh’s investment comes as part of KiranaPro’s ongoing seed round, which also includes Olympic medalist PV Sindhu, who recently joined as an investor and brand ambassador. While the investment amount remains undisclosed, Nagesh’s involvement extends beyond capital infusion, providing strategic guidance and mentorship to propel KiranaPro’s growth, a company statement said.
KiranaPro has nearly 20,000 registered subscribers and over 1000 daily active users. It is currently operational in Bengaluru, Delhi NCR and Kerala. Additionally, the company recently marked its entry into Hyderabad.
Bhavish Aggarwal pulls an Elon Musk, demands weekly reports from Ola employees
In a move reminiscent of Elon Musk’s recent directives to US federal employees, Bhavish Aggarwal, the founder of Ola Group, has ordered all employees across his companies to submit weekly reports outlining their accomplishments.
An internal email sent by Aggarwal to all the employees across the group last week mandated this, under an initiative, titled ‘Kya Chai Raha Hai?’ — a colloquial Hindi phrase meaning ‘What’s going on?’. It requires workers to send a brief weekly email listing 3-5 bullet points of their completed tasks.
The reports must be submitted to their managers and a dedicated company email, with no exceptions allowed. The first deadline was set for the end of the day following the announcement, with future reports due every Sunday.
Crypto market crashes $300 billion as Trump’s tariffs spark global sell-off
A day after cryptocurrencies surged on optimism surrounding Donald Trump’s US Crypto Strategic Reserves, the market suffered a dramatic crash, wiping out $300 billion in value. Bitcoin plummeted nearly 10%, while major altcoins, including Ethereum (ETH), Solana (SOL), and XRP, posted losses exceeding 15%.
The sharp downturn was triggered by Trump’s sweeping tariffs on China, Mexico, and Canada, which rattled financial markets and sparked a global sell-off. Investors, already wary of regulatory hurdles surrounding Trump’s crypto reserve initiative, now face mounting economic uncertainty.
As of 12:41 pm, Bitcoin was trading at $84,119.28, with a market cap of $1.67 trillion and a 24-hour trading volume of $76.75 billion. Over the past 24 hours, BTC has dropped 9.47%, sliding from a daily high of $93,600 to a low of $83,300.
