eNews
Inflexor Ventures strengthens leadership team with two new partner appointments
MUMBAI: Inflexor Ventures, a Mumbai, Bengaluru, and Hyderabad-based venture capital firm focused on early-stage technology investments, has announced the promotion of Murali Krishna Gunturu and Harsha Mundhada as partners. These appointments mark a significant step in the firm’s mission to support startups leveraging innovative technology across sectors such as health-tech, fin-tech, deep-tech, edu-tech, clean-tech, consumer-tech, and agri-tech.
Murali Krishna Gunturu brings over 15 years of diverse experience in investment management, corporate finance, and advisory roles. He has been with Inflexor Ventures for five years, previously serving as principal. Murali’s career spans organizations such as Parampara Capital, Blue Ocean Multi-Client Family Office, and Northway Advisors. A chartered accountant and commerce graduate, Murali has played a pivotal role in scaling growth-stage investments.
Harsha Mundhada, who has also been with Inflexor Ventures for five years, offers deep expertise in transaction advisory services and financial due diligence. She has held leadership roles at Deloitte, EY, and PwC. A chartered accountant with an all-India rank and a PGPX graduate from IIM Ahmedabad, Harsha has consistently excelled in driving value for portfolio companies and investors.
With these strategic promotions, Inflexor Ventures reaffirms its commitment to fostering innovation-driven startups and expanding its leadership capabilities in the venture capital ecosystem.
eNews
PNB partners Kiwi to launch credit-enabled UPI for users
Targets 180 million customers; RuPay card offers 0.5 per cent to 1.5 per cent cashback
MUMBAI: Swipe, tap, or scan credit is quietly slipping into the rhythm of everyday payments, and Punjab National Bank wants in on the action. The state-run lender has partnered with Kiwi to roll out credit-enabled UPI payments for its 180 million customers, marking a significant push to blend traditional banking with India’s fast-evolving digital payments ecosystem.
At the centre of the collaboration is the launch of the PNB Kiwi Credit Card on the RuPay network. The card is designed with a digital-first approach, offering fully online onboarding and seamless integration with UPI, allowing users to transact via scan-and-pay while accessing credit.
The offering also brings in a rewards layer, with cashback ranging from 0.5 per cent to 1.5 per cent on online transactions, positioning the product as both a convenience play and a spending incentive.
The move comes as UPI continues to dominate India’s digital payments landscape, increasingly blurring the lines between debit-led transactions and credit access. For PNB, which operates over 10,000 branches around 60 per cent in semi-urban and rural areas, the partnership signals a targeted effort to extend formal credit to segments that have traditionally remained underserved.
The collaboration also reflects a broader industry shift, where banks and fintech platforms are converging to embed credit directly into payment flows, reducing friction while expanding access.
With RuPay credit cards gaining traction and UPI evolving beyond peer-to-peer transfers, the PNB–Kiwi tie-up positions both players at the intersection of scale, accessibility, and the next phase of digital finance in India.
