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Square to buy Afterpay for $29 billion as 'buy now, pay later' booms

Square and Afterpay have a shared purpose, Square and Twitter co-founder Jack Dorsey says and they can connect their cash and seller ecosystems to deliver products and services for merchants and consumers.

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e-RUPI Digital Payment Solution to Be Launched Today by PM Narendra Modi

e-RUPI digital payment solution will be launched by Prime Minister Narendra Modi today, August 2. It is a QR code or SMS string-based e-voucher, which is delivered to the mobile of the beneficiaries. PMO said it is expected to be a revolutionary initiative in the direction of ensuring a leak-proof delivery of welfare services.

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Insurers vs online aggregators; Unacademy bags $440M; IndiaTech lobbies Sebi

In today’s ETtech Morning Dispatch: Unacademy raises $440 million at $3.4 billion valuation to fuel its diversification plans, IndiaTech asks Sebi to tweak rules on SR shares, and Zomato rolls out an incentive scheme for delivery partners.

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IndiaTech proposes key changes in SR shareholding rules to Sebi

The conversation around shares with superior voting rights, or SR shares, is happening at a time when several Indian startups —from Paytm to Policybazaar—are looking to tap the public markets via IPOs.

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The growing dissonance between online insurance aggregators and insurers

HDFC Ergo recently delisted its products from online insurance aggregators, including Policybazaar. The development isn't an isolated event but indicative of a wider pushback.

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Unacademy valued at $3.4 bn post new funding, will diversify beyond edtech: CEO Gaurav Munjal

Unacademy’s cofounder Gaurav Munjal plans to use the new funding to build new lines of business in segments such as jobs and hiring, where it will compete with the likes of Naukri.com and Linkedin.

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Insurance wars; Unacademy bags $440M; founders lobby Sebi

In today’s ETtech Morning Dispatch: Unacademy raises $440 million at $3.4 billion valuation to fuel its diversification plans, IndiaTech asks Sebi to tweak rules on SR shares, and Zomato rolls out an incentive scheme for delivery partners.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...