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economictimes.indiatimes.com
Data shows India's UPI recorded 10B+ merchant transactions in October 2024, up 53% YoY, while credit cards saw a 35% YoY increase in transactions to 433M
(
economictimes.indiatimes.com
)
11 days ago
India
Credit Card
Singapore-based fintech Zinc, which offers financial services tools for overseas students, raised a $25.5M seed led by Nexus Venture Partners
(
economictimes.indiatimes.com
)
2024-10-29
Fintech
Singapore
Sources: Peak XV has cut its $2.85B fund by $465M, or ~16%, over a year after its split from Sequoia, with the bulk of the reduction coming at the growth stage
(
economictimes.indiatimes.com
)
2024-10-2
Myntra founder Mukesh Bansal's Nurix AI, which builds custom AI agents for enterprise services, raises a $27.5M seed from Accel, General Catalyst, and others
(
economictimes.indiatimes.com
)
2024-9-24
AI
Centricity, a digital wealth management service for financial advisers and asset managers, raised a $20M seed led by Lightspeed India at a $125M valuation
(
economictimes.indiatimes.com
)
2024-9-12
India
Asset
Indian bike taxi startup Rapido raised $200M at a $1.1B valuation led by WestBridge and plans to expand its newly launched cab-hailing service
(
economictimes.indiatimes.com
)
2024-9-5
India
Startup
PhonePe and Google Pay accounted for over 85% share of 14.4B UPI transactions in July; PhonePe led with 5.9B transactions, Google Pay 5.3B, and Paytm 1.1B
(
economictimes.indiatimes.com
)
2024-8-20
Google
Flipkart consolidates its various fintech offerings, including UPI and BNPL, under Flipkart Pay; the move follows recent expansions and a spinoff of PhonePe
(
economictimes.indiatimes.com
)
2024-7-30
Fintech
Mumbai-based Neysa, which offers a suite of generative AI tools to help clients manage their AI projects, raised a $20M seed led by Matrix, Nexus, and NTTVC
(
economictimes.indiatimes.com
)
2024-4-10
AI
India's IT minister says the country is looking to frame a “balanced” AI law that will protect news publishers and content creators while minimizing user harm
(
economictimes.indiatimes.com
)
2024-4-5
India
AI
Bain: Indian startups raised $9.6B in 2023, down from $25.7B in 2022; over 35K Indian startups shut down in 2023 and leading startups laid off 20,000+ employees
(
economictimes.indiatimes.com
)
2024-3-16
India
Startup
Bethesda, Maryland-based HiLabs, whose AI-powered tools provide clean data for health care organizations, raised a $39M Series B led by Eight Roads and Denali
(
economictimes.indiatimes.com
)
2024-3-15
AI
What the US economy needs is a cheap date
(
economictimes.indiatimes.com
)
2024-3-12
India approves a ~$1.25B investment in AI projects over five years, including for optimizing compute infrastructure, LLM development, and education in AI
(
economictimes.indiatimes.com
)
2024-3-8
India
AI
Education
Indian watchdog MeitY issues an advisory asking developers to seek “explicit permission” before deploying any AI models or AI-backed algorithms
(
economictimes.indiatimes.com
)
2024-3-4
India
AI
Algorithm
Q&A with Uber CEO Dara Khosrowshahi about the Indian market, competition, achieving profitability, regrets about selling UberEats in India, regulations, more
(
economictimes.indiatimes.com
)
2024-2-27
India
Uber
The Misinformation Combat Alliance and Meta plan to launch a dedicated fact-checking helpline on WhatsApp in India so users can flag deepfakes for analysis
(
economictimes.indiatimes.com
)
2024-2-20
India
WhatsApp
Sources: Paytm E-commerce changed its name to Pai Platforms and has acquired Bitsila, a seller platform on ONDC, gaining share in the online retail business
(
economictimes.indiatimes.com
)
2024-2-9
Retail
France to back any bid for Olympics by India, says French President Emmanuel Macron
(
economictimes.indiatimes.com
)
2024-1-27
France
India
Indian cricket NFT startup Rario plans to close on January 29 and relaunch in March 2024, leaving users with losses; Rario raised a $120M Series A in April 2022
(
economictimes.indiatimes.com
)
2024-1-25
India
Startup
Meet Lexi Love, AI model that receives 20 proposals per month. This is virtual love
(
economictimes.indiatimes.com
)
2024-1-21
AI
Taliban talks peace, urges Pakistan and Iran to show restraint
(
economictimes.indiatimes.com
)
2024-1-19
Iran
China introduces revolutionary nuclear battery that lasts 50 years without charging
(
economictimes.indiatimes.com
)
2024-1-18
China
Battery
Bengaluru-based Impact Analytics, which offers retail, grocery, CPG, and supply chain planning and merchandising software, raised $40M led by Sageview Capital
(
economictimes.indiatimes.com
)
2024-1-10
Retail
Former RBI governor explains why India needs Chinese investment but not its Wolf Warrior policy
(
economictimes.indiatimes.com
)
2023-12-13
China
India
India on track to get 50% energy via non-fossil fuel sources
(
economictimes.indiatimes.com
)
2023-12-6
India
Energy
Q&A with Jeff Dean, chief scientist of Google DeepMind and Google Research, on Bard's launch, Gemini LLM, DeepMind-Brain merger, AI misinformation, and more
(
economictimes.indiatimes.com
)
2023-11-28
Google
AI
The EU Commission plans to carry out a regulatory assessment of Qualcomm's acquisition of Israeli fabless chipmaker Autotalks, a deal announced in May 2023
(
economictimes.indiatimes.com
)
2023-8-18
Israel
Zomato reports Q1 revenue up 71% YoY to ~$292.2M and its first-ever consolidated quarterly net profit at ~$241.9K, vs. a loss of ~$2.34M in the year-ago quarter
(
economictimes.indiatimes.com
)
2023-8-5
A regulatory disclosure shows that Fidelity has halved the valuation of Indian business messaging startup Gupshup to $697M, down from $1.4B in July 2021
(
economictimes.indiatimes.com
)
2023-8-1
India
Startup
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