Apple Expands Manufacturing in India
Apple annual sales in India hit a record $8 billion, as one of the firm’s contract manufacturers is planning to assemble iPads in a local facility.
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Google Maps Gets AI Boost for Indian Roads
New AI model for Google Maps was designed specifically for Indian roads. It estimates road width using satellite imagery and Street View data to help drivers better navigate flyovers and narrow roads often met in India.
Meta Rolls Out Business Subscription Program in India
Meta has announced the expansion of its business subscription program for customers living in India.
India’s Unique Path to AI Leadership
India plays an important role in the global AI revolution. The country ranks among the global leaders in AI implementation, investments, and innovation. Here’s how India has achieved this prominent position and what its AI strategy has in store for the future.
History of Fintech in India
The fintech sector in India has seen significant changes over the past several decades. Starting with the initial phase of banking computerization, which began in the late 1980s and early 1990s, this foundational step set the stage for more advanced innovations in the financial industry.
Google Reportedly to Lead $250 Million Round by Mobile Startup Glance
The media reports that the Indian mobile content provider Glance is currently in active negotiations on raising capital as part of a funding round led by the current backer, which is Google.
Demand for Indian Bonds Rises
The Indian sovereign bond market is currently gaining foreign equity investors.
Ultrahuman Ring AIR Launches AFib Detection
Indian tech startup Ultrahuman has its smart ring equipped with a unique function – monitoring users’ heart rhythm at night to detect signs of Atrial Fibrillation (AFib).
Paytm Reportedly Gets India’s Nod to Invest in Payments Arm
Indian-beleaguered Paytm has received approval to invest 500 million rupees ($6 million) in a key subsidiary.
RBI Joins Project Nexus for Seamless Cross-Border Payments
RBI joins BIS cross-border payment initiative Project Nexus to facilitate instantaneous retail payments among ASEAN countries.
State Bank of India Rolls Out Web-Based Invoice Financing Solution
The State Bank of India has launched a web-based invoice financing solution for microbusinesses and small and medium-sized businesses.
Quant Mutual Fund Faces SEBI Front-Running Probe
India’s first dedicated, direct-to-investor mutual fund, Quant Mutual Fund, is being investigated by the Securities and Exchange Board of India (SEBI) over alleged front-running practices.
Indian Startup Zepto Targets IPO
The Indian startup Zepto, which specializes in carrying out activities to provide grocery delivery services to consumers, is currently preparing to go public.
Fintech Company Pine Labs Reportedly Weighs $1 Billion IPO in India
Pine Labs Pvt, the Asian digital payment provider backed by Peak XV Partners and Mastercard Inc., is currently considering raising about $1 billion in investment funds during an initial public offering (IPO) of shares in India.
Google Launches Gemini Mobile App in India
Google has launched a dedicated mobile app with artificial intelligence in India called Gemini.
IFC and EPIC Group Partner to Support Sustainable Textile Manufacturing in Bangladesh and India
The International Finance Corporation (IFC) partnered with EPIC Group, a leading player in the global apparel industry and a sustainable fashion company, to help finance its green capital expenditure program and support sustainable textile facility expansion in Bangladesh and India.
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