India Joins GenAI Race
India is planning a GenAI project tailored to the nation’s unique cultural and linguistic diversity.
India - page 2
Slice Bank Seeks Financing to Expand
Indian fintech Slice Bank is looking to raise between $250-$300 million to expand its offering with merchant services.
Digital Payments Surge in Non-Metro Cities of India
The digital payment revolution in India has extended beyond its major metropolitan areas and is now thriving in non-metro cities as well.
Trading Platform Groww Considers 2025 IPO
India’s largest retail stock trading platform Groww is eyeing an initial public offering (IPO) this year.
Microsoft to Invest $3 Billion in India
Microsoft chief executive officer Satya Nadella announced last Tuesday, January 7, that the company would spend $3 billion to expand its Azure cloud and artificial intelligence capacity in India.
Indian Startup Funding Witnesses 20% Growth
In 2024, the Indian startup ecosystem recovered strongly, with funding exceeding $12 billion across 993 deals.
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.
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).
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.
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