Apple Purges Predatory Lending Apps in India
Apple removed several lending apps from the App Store in India this week.
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Amazon to Invest $26 Billion in India by Decade’s End
Amazon plans to invest $26 billion to expand and improve its operations in India.
Apple Restarts Talks for Apple Pay Launch in India
The media reported that over the past few weeks, Apple has been actively discussing with representatives of the Indian authorities about the start of official negotiations on the launch of the Apple Pay payment service in the South Asian market.
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.
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.
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.
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.
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.
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.
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.
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
Walmart Gains eCommerce Edge Over Amazon in India
The Indian business helped Walmart to win a rare victory in e-commerce over Amazon.
PhonePe Expands New Funding to $850 Million
General Atlantic has directed an additional investment of $100 million for the development of PhonePe.
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.
Apple Sales Continue to Fall
Apple’s sales continue to follow a downward trajectory.
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
