Walmart Readies $2.5 Billion Investment in India’s E-Commerce and Payments
Walmart plans to invest more than $2.5 billion to develop its e-commerce and payments business in India.
India - page 13
PhonePe’s Valuation Doubles Over $12BN
The valuation of the Indian fintech giant PhonePe has more than doubled and exceeded $12 billion in a new round of financing.
First UAE Fintech to Launch India UPI Payment Integration
Last week, India decided to open its Unified Payments Interface (UPI) payment gateway for NRIS (non-resident Indians).
Delhi Buses to Get Contactless Ticketing
The Department of Transport of the Government of the Indian District of Delhi announced a tender for the development and implementation of a digital ticket sales system in buses.
Axis Bank Partners OPEN for Fully Digital Current Business Account
One of the largest private sector banks in India – Axis Bank – partnered with the digital banking enterprise, OPEN, to provide a fully native digital current account for its business customers
Indian Bank Introduces QR Code Bill Payment System for CESC
The new bill payment system enables customers to pay by scanning the dynamic QR code linked to the unified payments interface (UPI)
Are Startups Going Out of Fashion?
Tech startups across the globe are now facing a massive drain of funding from the segment. The total number of startups has also significantly declined. Why does it happen, and what to expect next?
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