India - page 6

Apple Reportedly to Source All US-Bound iPhones From India
Science & Technology

Apple Reportedly to Source All US-Bound iPhones From India

The media published information according to which Apple accelerated the implementation of its plan to source all iPhones to the United States from India, which is a kind of response from the technology giant to the new US tariffs.

Western Union & HCL Technologies to Revolutionise Remittance With AI-Driven Tools
News

Western Union & HCL Technologies to Revolutionise Remittance With AI-Driven Tools

Money transfer leader Western Union has united efforts with Indian multinational IT company HCL Technologies (HCLTech), reversing the trend of remittance players using little to no AI.

Lam Research to Invest Over $1 Billion in India
Science & Technology

Lam Research to Invest Over $1 Billion in India

United States-based chip toolmaker company Lam Research said it will invest more than 100 billion rupees ($1.2 billion) in the southern Indian state of Karnataka in the next few years.

Cashfree Payments Secures $53M to Boost Market Reach
Fintech & Ecommerce

Cashfree Payments Secures $53M to Boost Market Reach

The Indian fintech startup Cashfree Payments has raised $53 million in a Series C funding round to accelerate the market growth of its innovative payment solutions across multiple digital sectors.

Indian Crypto Holders Face Penalty on Undisclosed Gains
News

Indian Crypto Holders Face Penalty on Undisclosed Gains

In India, cryptocurrency traders may face significant tax penalties due to previously undisclosed profits under new amendments to the tax legislation of this South Asian country.

UPI Transactions Halt for Select Apps
News

UPI Transactions Halt for Select Apps

UPI app users are advised to check with their service providers to confirm compliance with the new guidelines, ensuring uninterrupted transactions flow.

India Joins GenAI Race
News

India Joins GenAI Race

India is planning a GenAI project tailored to the nation’s unique cultural and linguistic diversity.

Slice Bank Seeks Financing to Expand
News

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
Fintech & Ecommerce

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
Fintech & Ecommerce

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
Science & Technology

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
News

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
Science & Technology

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%
News

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
Finance & Economics

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%
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.