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.
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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.
India’s AI Aspirations Raise Multibillion Investments
Currently, India is striving to develop as a kind of technological center and is making concrete efforts in a practical dimension aimed at achieving the corresponding goal, which already has certain results in the form of investments from companies belonging to the Big Tech category from abroad.
Indian Fintech Startups to Watch in 2024
For entrepreneurs and business owners, the fintech industry presents an exciting frontier of opportunities. The buzz surrounding fintech startups is hard to ignore, particularly in startup hotspots like India where the vibrant startup culture is driving forward innovation at an impressive pace.
Worldpay Says About Growth of Demand for Digital Wallets in China and India
Based in the United Kingdom, Worldpay, a company specializing in the implementation of payment transaction processing activities, has published a report according to which there is currently an increase in the use of digital wallets at the global level.
Study Shows Maturity of Startup Ecosystem in Southeast Asia and India
HubSpot surveyed 600 founders and startup leaders in Singapore, India, Indonesia, and the Philippines to discover that the Southeast Asia (SEA) and India regional ecosystems remain resilient and demonstrate significant signs of maturity.
Indian Stocks Demonstrate Record Highs
Indian stock markets on Monday, June 3, reached record highs amid news that experts predict the victory of the current Prime Minister of this South Asian country, Narendra Modi, in national elections.
India’s Economy Demonstrates Growth
India’s economy grew by more than 8% in the fiscal year that ended in March.
BharatX to Enter Healthcare Finance Segment With Zenifi Acquisition
BNPL fintech startup BharatX, backed by Y-Combinator, is ready to expand its services in the healthcare segment with the new acquisition of Zenifi.
Big Tech Reportedly Asks India to Reconsider Antitrust Law
The media reported that lobbying groups representing the interests of technology giants from the United States have asked the Indian leadership to review the proposed antitrust law.
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