India - page 11

Finance & Economics

What Is the New Name of Allahabad Bank

Allahabad Bank was a bank in India that was founded in Allahabad in 1865. The bank had a long and rich history of providing banking and financial services to the citizens of India.

Fintech & Ecommerce

Wise & IndusInd Bank to Bring Low-Cost Remittance to India

IndusInd Bank’s customers can access Wise international money transfers directly through the Indus Fast Remit platform: what benefits does it bring?

News

ChrysCapital Invests $100 Million in Lenskart

ChrysCapital has directed investments in the amount of $100 million for the development of the Indian startup Lenskart, which specializes in the production of glasses.

News

PayMate Expands to Chase $68 Trillion B2B Payment Market

PayMate, a provider of business-to-business (B2B) payments and services, announced the expansion of the geography of its activities.

News

Sam Altman Denies Start of GPT-5 Training

OpenAI has not yet started training GPT-5.

Blockchain & Crypto

JPMorgan Turns to Blockchain for Dollar Trades in India Hub

JPMorgan Chase, together with several Indian banks, will launch a project aimed at creating a blockchain-based platform.

Fintech & Ecommerce

NestAway Sells for $11 Million

Technology firm Aurum acquires NestAway, an Indian startup that has previously demonstrated positive development dynamics and is a real estate rental platform.

News

Amazon Tests Dine-In Payments in India

After the closure of the food delivery business last year, Amazon India began experimenting with paying for lunch.

News

India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution

The Indian company XFlow announced that it managed to raise investment funds for $ 10.2 million following the results of the Series A pre-financing round.

News

Microsoft’s AI Reaches Rural India

The new AI chatbot helps citizens of remote villages in India to access government assistance, even without speaking English or Hindi

News

Walmart Gains eCommerce Edge Over Amazon in India

The Indian business helped Walmart to win a rare victory in e-commerce over Amazon.

Fintech & Ecommerce

PhonePe Expands New Funding to $850 Million

General Atlantic has directed an additional investment of $100 million for the development of PhonePe.

Finance & Economics

Apple Partner Foxconn to Invest $500 Million in India’s Telangana

Foxconn will direct investments of $500 million to establish enterprises in the southern Indian state of Telangana.

Finance & Economics

Disney+ Streaming Service Loses 4 Million Subscribers in First Quarter

Disney has announced that its flagship streaming service has lost 4 million subscribers in the first three months of this year.

News

Apple Sales Continue to Fall

Apple’s sales continue to follow a downward trajectory.

News

BharatPe Obtains Controlling Stake in Trillion Loans

Indian fintech BharatPe has bought a 51% stake in a local non-banking financial company Trillion Loans to improve access to credit for its merchant partners