Tech
UPI blocks other payment modes; Unacademy’s Esop trouble
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Happy Monday! Beyond the fast-growing UPI, other payment methods in India see stagnation. This and more in today’s ETtech Morning Dispatch.
Also in the letter:
■ Deeptech funding in 2025
■ B9 founder on company crisis
■ Karnataka’s data centre play
UPI surge stalls NPCI’s other retail payment modes
India’s digital payments story is increasingly a one-track race. While the Unified Payments Interface (UPI) continues to compound in scale and mindshare, other payment rails under the National Payments Corporation of India (NPCI) are either slowing or…
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