Saturday, February 14, 2026

Digital arrest victims may be going under cover

Banks and insurers are in early talks to design an insurance product to cover victims of digital arrest scams, potentially making India the first country with such fraud coverage. The government has formed an interdepartmental committee to support tools like a UPI kill switch. Insurers and regulators are discussing protection for losses caused under psychological pressure.

from Tech-Economic Times https://ift.tt/QmBng89

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FirstClub raises $55 million from Peak XV, Sofina; valuation doubles to $255 million

Quality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round led by Peak XV Partners and Sofina, v...