In a move that highlights growing confidence in India’s evolving digital credit landscape, Nithin and Nikhil Kamath—the co-founders of Zerodha, the country’s leading online brokerage platform—have acquired a minority stake worth Rs 250 crore in InCred Holdings. This strategic investment underscores the Kamath brothers’ belief in the future of India’s formal and technology-driven…
UPI Hits Record 16.73 Billion Transactions in December – What’s Driving the Growth?
In a remarkable feat for India’s digital payments system, Unified Payments Interface (UPI) transactions soared to an all-time high in December 2024. The total number of UPI transactions reached a staggering 16.73 billion, marking an 8.08% increase from the previous month’s 15.48 billion transactions.
This…
