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UPI recorded 25.47 billion transactions in October, and the daily value of transactions crossed Rs 1 lakh crore for the first time. Razorpay received its final IFSCA licence to run cross-border payments from GIFT City in the same month. MobiKwik posted a record quarterly profit of Rs 11.8 crore, while Capillary Technologies turned profitable with Rs 22 crore on Rs 271 crore of revenue.