Also in the letter:
■ Meesho files for IPO
■ ISRO tech transfer
■ Luma Fertility fundraise
Four banks bag bulk of UPI beneficiary payments

A small number of banks are quietly dominating the receiving side of the Unified Payments Interface (UPI), India’s preferred retail payments system. Yes Bank leads the pack, with nearly 40% market share, mainly driven by merchant payments.
Driving the news: Yes…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)