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13 June 2026 · Product Growth Daily Brief
The Reserve Bank of India introduced enhanced authentication mechanisms for digital payment transactions, effective from April 1, 2026, mandating two-factor authentication through multiple layers like PINs, biometrics, or secure tokens. This regulatory update strengthens payment security infrastructure and signals stricter compliance requirements for fintech builders integrating with India's digital payment ecosystem.
Enterprise SaaS startup Rivvun AI, founded by former Icertis executives, secured ₹63 crore seed funding co-led by Sitara Capital and 3one4 Capital to build software detecting missed commercial obligations and pricing inconsistencies. The funding demonstrates continued investor appetite for B2B SaaS solutions targeting large enterprise inefficiencies, validating the market opportunity for AI-powered business process automation.
AI startup HyperNorm raised $2.2 million to build a decision intelligence platform helping wealth advisors navigate portfolio complexity and scale personalized advice across US, Singapore and India markets. This funding highlights the growing intersection of AI and financial advisory services, creating opportunities for builders developing AI-powered decision support tools for regulated financial sectors.
The Indian government doubled the startup recognition period for deep tech companies to 20 years and raised revenue thresholds for tax benefits to ₹3 billion from ₹1 billion, aligning policy timelines with longer development cycles. This regulatory change removes artificial pressure points for science-led startups and signals government commitment to patient capital frameworks, creating more favorable conditions for deep tech builders in semiconductors, space, and biotech sectors.
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