ProductGrowth — AI deep-dives with Arjun & Meera

Full story and sources: https://productgrowth.in/news/2026-09-20 Fourteen startups, $59 million, one week — and MDR on UPI just changed the payment layer permanently. 🎙️ MDR matters more than the funding headline. Every operator scanning the $59M will miss the quieter shift: pricing friction has been inserted into the rails that most Indian… Arjun and Meera break down the day in Indian product, st...

Full story and sources: https://productgrowth.in/news/2026-09-19 RBI absorbs Rs 2.23 lakh crore in a single VRRR auction at 5.24% — and fintech founders are reading the wrong headline. 🎙️ The liquidity number matters more than the rate. A Rs 6.94 lakh crore surplus being actively drained tells you the RBI is signalling direction, not… Arjun and Meera break down the day in Indian product, startups...

Full story and sources: https://productgrowth.in/tools/engagement/msg91 Arjun and Meera break down the day in Indian product, startups and tech — what happened, the number that matters, and why it matters if you're building here. Listen in 21 languages at https://productgrowth.in/podcast/

Full story and sources: https://productgrowth.in/news/2026-09-18 Kuku Technologies gets Sebi nod for a Rs 3,500 Cr IPO, with listing targeted in H1 2027. 🎙️ Sebi approval matters more than the IPO itself. The gate is open; execution speed is now the only variable that separates Kuku from a delayed listing. For audio OTT and consumer-tech… Arjun and Meera break down the day in Indian product, start...

Full story and sources: https://productgrowth.in/insights/ecommerce/d2c-retention-playbook Arjun and Meera break down the day in Indian product, startups and tech — what happened, the number that matters, and why it matters if you're building here. Listen in 21 languages at https://productgrowth.in/podcast/

Full story and sources: https://productgrowth.in/news/2026-09-17 UPI MDR goes live October 15: 0.4% on transactions above ₹2,000, capped at ₹300, with ₹5 flat for railways and utilities. 🎙️ The pricing architecture matters more than the rate itself. Every QR-based and point-of-sale platform now has a revenue layer baked into UPI — but the… Arjun and Meera break down the day in Indian product, star...

Full story and sources: https://productgrowth.in/news/2026-09-16 UPI's zero-MDR era ends October 15 — 0.4% on merchant payments above Rs 2,000, capped at Rs 300. 🎙️ The fee structure matters more than the headline rate. The obvious read is that fintechs lose a free-feature moat. What actually shifts is unit economics for small merchants and… Arjun and Meera break down the day in Indian product, st...

Full story and sources: https://productgrowth.in/news/2026-09-15 Government locks zero MDR on UPI transactions under Rs 2,000 — permanently, not provisionally. 🎙️ The floor matters more than the mandate. The obvious read is that merchants win on small-ticket payments. The real read is that anyone building on UPI payment rails now has a hard… Arjun and Meera break down the day in Indian product, st...

Full story and sources: https://productgrowth.in/news/2026-09-14 SoftBank borrows $11.9B to deepen its OpenAI bet — and the capital stack reshaping AI has consequences well beyond Silicon Valley. 🎙️ Capital concentration matters more than deal size. The obvious read is that SoftBank is bullish on OpenAI. The real one is that when $11.9B in… Arjun and Meera break down the day in Indian product, sta...

Full story and sources: https://productgrowth.in/news/2026-09-13 NPCI's profit fell 32% while revenue climbed 22% to Rs 4,240 Cr — scaling volume no longer guarantees scaling margins. 🎙️ Margin compression matters more than topline growth in payments infrastructure. NPCI is not a struggling business — it processed an enormous volume… Arjun and Meera break down the day in Indian product, startups a...

Full story and sources: https://productgrowth.in/insights/india/india-product-market-2026 Arjun and Meera break down the day in Indian product, startups and tech — what happened, the number that matters, and why it matters if you're building here. Listen in 21 languages at https://productgrowth.in/podcast/

Full story and sources: https://productgrowth.in/news/2026-09-12 NPCI revenue up 22% to Rs 4,240 Cr in FY26, profit down 32% — the rails are getting more expensive to run. 🎙️ Infrastructure cost matters more than topline growth. Everyone is celebrating UPI's volume milestones, but the operator of those rails is compressing on margin as… Arjun and Meera break down the day in Indian product, startup...

Full story and sources: https://productgrowth.in/news/2026-09-11 Piston closes $15M Series A to run cardless payments across commercial fleets — no card swipe, no card rails. 🎙️ The vertical specificity matters more than the payment innovation. Piston is not building a general payments layer; it is building a closed-loop network where the… Arjun and Meera break down the day in Indian product, star...

Full story and sources: https://productgrowth.in/news/2026-09-10 PhonePe gets UAE central bank licence — Sameer Nigam confirms operationalisation soon. 🎙️ Regulatory clearance matters more than the market entry announcement. The obvious read is that PhonePe is going international. The real read is that a ₹5B+ fintech spent the hard years… Arjun and Meera break down the day in Indian product, start...

Full story and sources: https://productgrowth.in/insights/india/digital-lending-trends Arjun and Meera break down the day in Indian product, startups and tech — what happened, the number that matters, and why it matters if you're building here. Listen in 21 languages at https://productgrowth.in/podcast/

Full story and sources: https://productgrowth.in/news/2026-09-09 Meta's Muse agent stalled in internal tests and uploaded sensitive data while handling payments, email and health apps. 🎙️ The data leak matters more than the cross-app ambition. Every fintech builder watching Meta enter agentic payments should note that the failure mode was… Arjun and Meera break down the day in Indian product, star...

Full story and sources: https://productgrowth.in/tools/compare/razorpay-vs-cashfree Arjun and Meera break down the day in Indian product, startups and tech — what happened, the number that matters, and why it matters if you're building here. Listen in 21 languages at https://productgrowth.in/podcast/

Full story and sources: https://productgrowth.in/news/2026-09-08 Global FinTech pulled USD 5.77B across 106 deals in August 2026 — without India in the count. 🎙️ Benchmark velocity matters more than headline round size. The obvious read is that global capital is flowing and Indian founders should feel encouraged. The harder read is that… Arjun and Meera break down the day in Indian product, startu...

Full story and sources: https://productgrowth.in/news/2026-09-07 Zerodha skips its own IPO to become the infrastructure behind everyone else's listing. 🎙️ IPO advisory revenue matters more than IPO valuation. The obvious read is that Zerodha is leaving money on the table by staying private — the harder read is that they are monetising the… Arjun and Meera break down the day in Indian product, star...

Full story and sources: https://productgrowth.in/news/2026-09-06 WhatsApp rolls out bill payments to 500M+ Indian users — and the embedded finance playbook just shifted. 🎙️ Distribution matters more than product elegance. Every standalone utility-payment app built on the assumption that users will download yet another fintech is now… Arjun and Meera break down the day in Indian product, startups a...

Full story and sources: https://productgrowth.in/news/2026-09-05 WhatsApp just became a bill payments super-app across 22,700+ billers in India. 🎙️ Distribution matters more than product here. The obvious read is that WhatsApp added a feature. The real read is that 500 million active users in India now have a bill-pay interface they already… Arjun and Meera break down the day in Indian product, st...

Full story and sources: https://productgrowth.in/insights/fintech/account-aggregator-framework-guide Arjun and Meera break down the day in Indian product, startups and tech — what happened, the number that matters, and why it matters if you're building here. Listen in 21 languages at https://productgrowth.in/podcast/

Arjun and Meera break down: The Daily News Brief for Indian Product Builders | productgrowth.in. Read the full article at https://productgrowth.in/news

Arjun and Meera break down: Web3 Insights | productgrowth.in. Read the full article at https://productgrowth.in/insights/web3

Arjun and Meera break down: Course Completion Rates: Benchmarks and Tactics for EdTech Products. Read the full article at https://productgrowth.in/insights/edtech/course-completion-rates-benchmarks