India - page 2

News

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%.

News

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.

Fintech & Ecommerce

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.

News

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).

News

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.

Fintech & Ecommerce

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. 

News

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.

News

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.

News

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.

News

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.

Finance & Economics

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.

Science & Technology

Nvidia Expands Its Activity in India

Nvidia on Thursday, October 24, announced many new partnerships with major Indian companies and launched a Hindi language model.

Fintech & Ecommerce

Mastercard Expands Tech Hub Ecosystem With New Campus in India

Mastercard Pune tech hub in India will focus on areas like cybersecurity, data analytics, and AI-driven solutions and play a key role in supporting Mastercard’s global operations and enhancing its digital infrastructure.

Science & Technology

AI-Powered Robotics Startup Perceptyne Gets $3 Million Funding to Promote Electronic Manufacturing in India

Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.

Fintech & Ecommerce

UPI Transactions Surge 52%

Unified Payments Interface (UPI) transactions in India grew by 52% year-on-year, reaching 78.97 billion in the first half of 2024.

News

Google Maps to Show AI-Powered Review Summaries in India

Google is adding new artificial intelligence-powered features to a version of its Maps service designed for users living in India.