India - page 2

Science & Technology

India to Fabricate Its First Chip in Two Years

India will fabricate its first chip in two years.

Fintech & Ecommerce

Healthcare Fintech Care.fi Raises $955K in Debt Capital

Fresh funding complements earlier Care.fi investments of $2.6 million and fuels fintech’s vision of becoming India’s healthcare-focused Small Finance Bank.

Science & Technology

Tokyo Electron Plans to Operate in India

Tokyo Electron Ltd. aims to form a team of engineers specializing in chips in India.

Science & Technology

Who Are India’s AI Influencers and What Do They Mean for Creator Marketing?

Artificial intelligence (AI) has transformed the way we do business and sell merchandise. The technology does not only optimise the paperwork for e-commerce but also can autonomously promote brand products. Virtual influencers went viral in China first and are quickly gaining popularity in other markets, with India being one of the prominent examples.

News

India Accuses Amazon and Flipkart in Violation of Competition Laws

The Competition Commission of India (CCI) has conducted antitrust investigations, concluding that Amazon and Walmart’s Flipkart repeatedly violated local antitrust laws, while Samsung and Xiaomi colluded with them.

News

LoanTap and Hyperface Partner to Facilitate Digital Lending in India

Fintech company LoanTap and a banking-as-a-service startup Hyperface have reached a strategic partnership to boost online lending services in India.

Fintech & Ecommerce

Visa to Promote Digital Payments in India

Visa is currently partnering with companies such as Paytm and PayU to promote digital payment practices in India.

News

Google Expands Partnership With UPI

Google Pay has presented several new offers through the Indian United Payments Interface (UPI).

News

Central Banks Buy Record Gold Reserves

Global central banks purchased 483 tonnes of gold in the first half of 2024, outperforming the previous record of 460 tonnes set in H1 2023 by 5%.

Fintech & Ecommerce

Mastercard to Pilot Payment Passkey Service in India

India was chosen as the first country to experience the benefits of the new Mastercard Payment Passkey Service to facilitate payment authorisation and make online shopping more secure.

News

PayMate & NBBL Launch BBPS-B2B Platform for Businesses in Digital India

The PayMate BBPS-B2B platform aims to standardise and digitise nationwide commercial processes related to invoicing, payment initiation, collection, reconciliation and settlement.

News

NPST Launches AI-Enabled Digital Payment Solutions

Network People Services Technologies (NPST) introduced a suite of AI-powered solutions for digital payments at the Global Fintech Fest (GFF) 2024 in Mumbai.

Fintech & Ecommerce

Reserve Bank of India to Roll Out Lending Platform

The Reserve Bank of India (RBI) intends to launch a technology platform that aims to enable frictionless lending.

News

PhonePe Enables Consumers to Link Credit Lines to UPI

Indian fintech PhonePe grabs the opportunity provided by RBI and offers its customers an ability to link pre-approved credit line to UPI apps.

Fintech & Ecommerce

Airtel Payments Bank Launches Biometric Verification Solution to Protect Accounts

Airtel Payments Bank, which is based in India, announced the launch of a new security solution called Face Match.

Science & Technology

Leading Smart Wearable Companies in India

The smart wearable market of India is the second-largest in the world after China. Notably, most of the smartwatches and other wearable devices sold in India are produced locally. This way, along with the local branches of globally known technology producers, India hosts a range of indigenous smart wearable startups and scaleups.