Indian Startup Funding Witnesses 20% Growth
In 2024, the Indian startup ecosystem recovered strongly, with funding exceeding $12 billion across 993 deals.
India - page 2
OfBusiness Launches Nexizo: AI-Driven Platform for Empowering Indian SMEs
OfBusiness introduced Nexizo.AI, an AI-empowered platform designed to enhance growth and efficiency for small and medium enterprises (SMEs) operating in India, particularly in the infrastructure and manufacturing sectors.
India Sees Economic Growth at 6.5%
The Indian government partially blamed the central bank of this South Asian country for the tight monetary policy, saying that the corresponding strategy of the financial regulator is the reason for the weak performance of the local economy, and stating expectations that growth in the second half of fiscal year is likely to accelerate amid […]
Indian Startups Raise 6% More This Year, With Funding Rounds Getting Scarcer
In 2024, Indian startups experienced a 32% decline in funding rounds compared to the previous year, although the aggregate funding amount itself grew by 6%.
India’s GDP Growth Slumps to 5,4%
Indian economy is experiencing a noticeable decline, with economic growth falling to a seven-quarter low level.
UPI Sees Growing Adoption in Rural India
Unified Payments Interface (UPI) is slowly but steadily emerging as the preferred method of financial transactions in rural and semi-urban India, according to a recent report.
MEI Forecasts 3.2% Global GDP Growth in 2025 Fuled by Shifts in Monetary and Fiscal Policies
The Mastercard Economics Institute (MEI) predicts a global GDP growth of 3.2% in 2025, driven by robust U.S., Indian, and GCC economies, with moderate growth in Europe and Latin America.
LG Electronics to Test India’s IPO Market
The Indian unit of the South Korean company LG Electronics Inc. filed for an initial public offering (IPO).
India’s Central Bank Revises Economic Growth Forecast for 2025
On Friday, December 6, the central bank of India, as previously expected, decided to keep the benchmark interest rate at 6.5%.
Deutsche Bank Brings Merchant Solutions to APAC
Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.
How Online Payment Trends Affect Holiday Shopping
Holiday shopping patterns continuously change reflecting macroeconomic realities, consumer behaviour shifts, and the constant evolution of payment methods. As the season of joy is approaching, we cannot help but wonder what changes current online payment trends have brought to the holiday shopping routine.
India’s Quarterly Economic Growth Slumps to Near Two-Year Low
In the second fiscal quarter, which ended in September, the Indian economy showed growth of 5.4% year-on-year.
India Expands X-Border Payment Connections With Several Countries
The central bank of India stated that this South Asian country is making mobile payment links with several countries.
India’s Central Bank Chief Warns Risk of Global Inflation Returning
The head of the central bank of India stated the continued existence of risks of a return to global inflation, the potential materialization of which could become an obstacle to economic growth.
GenWise Teams Up With Axis Bank to Bring UPI Payments to Senior Citizens in India
GenWise aims to empower India’s elderly population with the speed and convenience of UPI digital payments in its app-based online club for senior citizens.
Global Economy to Maintain Stable Growth of 3.2% in 2025
The global economy is expected to perform in a “stable yet underwhelming” manner in 2024 and 2025, showing a steady growth rate of 3.2%, according to the IMF forecast.
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