Paytm

Indian Startups Pivot Away from Chinese Investors: A Strategic Rebalancing

Indian startups like Paytm and MakeMyTrip are actively reducing or divesting stakes held by Chinese investors amidst geopolitical tensions and increased regulatory scrutiny. This strategic rebalancing aims for greater autonomy, national identity, and a diversified investor base, signaling a maturing Indian startup ecosystem focused on self-reliance.

Paytm Shares Tumble 10% After Finance Ministry Rejects UPI MDR Reintroduction

Paytm shares plunged 10% after the Finance Ministry dismissed speculation about reintroducing MDR on UPI transactions. Hopes for a new revenue stream were dashed, highlighting fintech's sensitivity to policy. Despite the setback, UPI continues its record growth, with the government committed to free services amidst sustainability questions.