Day: October 10, 2025

India’s payments authority NPCI and fintech firm Razorpay are collaborating with OpenAl. They are piloting Al-driven payments on ChatGPT. This initiative will allow users to make purchases using India’s Unified Payments Interface. The pilot aims to explore expanding UPI for Al agents to complete transactions securely. Banking partners include Axis Bank and Airtel Payments Bank. Bigbasket is an early participant.

Hunger Inc, the parent company of Bombay Sweet Shop and restaurant brands Bombay Canteen, Veronica’s, O Pedro and Papa’s, has raised Rs 215 crore (nearly $25 million) in a new funding round from Lighthouse and DSG Consumer Partners. The round also saw some of its early investors, including CP Gurnani and a few angels, exit via secondary deals.