Airpay Payment gets RBI nod for cross-border payment aggregator

• Airpay Payment Services received RBI approval to operate as a cross-border payment aggregator.
• Airpay is now licensed for online, physical/POS/QR, and cross-border payment aggregator categories.
• HDFC Bank Group recognized 10 startups, including two emerging women founders, as part of HDFC Tech Innovators 2025.
• Brakes India acquired a 10% stake in auto components-focused TBK for an undisclosed sum.
• The acquisition is part of a capital and business alliance agreement between Brakes India and TBK.

Why It Matters: RBI approval for Airpay boosts cross-border digital payments.