India

News

Cashfree Payments Secures $53M to Boost Market Reach

The Indian fintech startup Cashfree Payments has raised $53 million in a Series C funding round to accelerate the market growth of its innovative payment solutions across multiple digital sectors.

Blockchain & Crypto

Indian Crypto Holders Face Penalty on Undisclosed Gains

In India, cryptocurrency traders may face significant tax penalties due to previously undisclosed profits under new amendments to the tax legislation of this South Asian country.

Fintech & Ecommerce

UPI Transactions Halt for Select Apps

UPI app users are advised to check with their service providers to confirm compliance with the new guidelines, ensuring uninterrupted transactions flow.

News

India Joins GenAI Race

India is planning a GenAI project tailored to the nation’s unique cultural and linguistic diversity.

Fintech & Ecommerce

Slice Bank Seeks Financing to Expand

Indian fintech Slice Bank is looking to raise between $250-$300 million to expand its offering with merchant services.

News

Digital Payments Surge in Non-Metro Cities of India

The digital payment revolution in India has extended beyond its major metropolitan areas and is now thriving in non-metro cities as well.

Fintech & Ecommerce

Trading Platform Groww Considers 2025 IPO

India’s largest retail stock trading platform Groww is eyeing an initial public offering (IPO) this year.

Science & Technology

Microsoft to Invest $3 Billion in India

Microsoft chief executive officer Satya Nadella announced last Tuesday, January 7, that the company would spend $3 billion to expand its Azure cloud and artificial intelligence capacity in India.

Fintech & Ecommerce

BRISKPE Launches Unified Cross-Border Payment Platform for Indian MSMEs

The new BRISKPE platform integrates account-to-account (A2A) transfers, as well as card and wallet-based collections powered by PayU and PayPal.

News

Indian Startup Funding Witnesses 20% Growth

In 2024, the Indian startup ecosystem recovered strongly, with funding exceeding $12 billion across 993 deals.

News

OfBusiness Launches Nexizo: AI-Driven Platform for Empowering Indian SMEs

OfBusiness introduced Nexizo.AI, an AI-empowered platform designed to enhance growth and efficiency for small and medium enterprises (SMEs) operating in India, particularly in the infrastructure and manufacturing sectors.

Finance & Economics

India Sees Economic Growth at 6.5%

The Indian government partially blamed the central bank of this South Asian country for the tight monetary policy, saying that the corresponding strategy of the financial regulator is the reason for the weak performance of the local economy, and stating expectations that growth in the second half of fiscal year is likely to accelerate amid […]

News

Indian Startups Raise 6% More This Year, With Funding Rounds Getting Scarcer

In 2024, Indian startups experienced a 32% decline in funding rounds compared to the previous year, although the aggregate funding amount itself grew by 6%.

Finance & Economics

India’s GDP Growth Slumps to 5,4%

Indian economy is experiencing a noticeable decline, with economic growth falling to a seven-quarter low level.

News

UPI Sees Growing Adoption in Rural India

Unified Payments Interface (UPI) is slowly but steadily emerging as the preferred method of financial transactions in rural and semi-urban India, according to a recent report.

Finance & Economics

MEI Forecasts 3.2% Global GDP Growth in 2025 Fuled by Shifts in Monetary and Fiscal Policies

The Mastercard Economics Institute (MEI) predicts a global GDP growth of 3.2% in 2025, driven by robust U.S., Indian, and GCC economies, with moderate growth in Europe and Latin America.