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Accel India has announced the closure of its eighth fund at an impressive $650 million, further solidifying its position as a key player in the Indian startup ecosystem. In addition to this milestone, Accel's global growth...
Italy's data protection authority has levied a significant fine of €15 million (≈ $15.58 million) against OpenAI, the creator of the widely used generative AI platform ChatGPT. This decision follows an extensive investigation into the company's...

NIPL Partners with Trinidad and Tobago to Bring UPI-Like Payments Platform

New Delhi, India – The National Payments Corporation of India International Payments Limited (NIPL) has announced a significant partnership with the Ministry of Digital...

Future of Fintech: Key Insights from Industry Leaders at 2024 Startup Festival

The second day of the International Startup Festival 2024 kicked off with an engaging panel discussion featuring industry leaders exploring the transformative potential of...

NPCI Mulls Relaxing Market Share Cap for UPI Players

New Delhi, India – The National Payments Corporation of India (NPCI), the governing body overseeing India's popular UPI payments system, is considering easing its...

Indian Railways to Launch Super App, Promises Comprehensive Services Under One Roof

In a significant development for Indian Railways, Minister Aswini Vaishnaw announced on Monday that the government is in the process of creating a "super...

Cybersecurity poised for a surge in India, says Bessemer

New Delhi, India – Venture capital firm Bessemer Venture Partners, known for its investments in Indian startups like Swiggy and BigBasket, believes that the...

India Aims to Expand Digital Public Infrastructure (DPI) to 50 Countries in Five Years

New Delhi, September 14: Infosys co-founder and Aadhaar architect Nandan Nilekani has revealed India's ambitious plan to deploy its Digital Public Infrastructure (DPI) in...

India, Malaysia to Integrate UPI, PayNet; Establish Startup Alliance

New Delhi: Prime Minister Narendra Modi announced on Tuesday that India plans to integrate its unified payments interface (UPI) with Malaysia's national payments network...

Bernstein Suggests Acquisition as Lifeline for Struggling Paytm

Mumbai: Global brokerage firm Bernstein has suggested that the best path forward for struggling fintech giant Paytm would be an acquisition by either a...

Ather Energy Zooms into Unicorn Club with INR 600 Cr Funding

Hyderabad, India – Electric two-wheeler manufacturer Ather Energy has catapulted into India's coveted unicorn club, securing a substantial INR 600 crore ($71 million) investment...

ISF and ICICI Host Successful Startup Summit in Mumbai, Boosting Job Creation

Mumbai: The International Startup Foundation (ISF) and ICICI Bank successfully hosted a Startup Summit at BKC, Mumbai, on August 7th. The event brought together...

ONDC Surpasses 5.7 Lakh Sellers and Service Providers: A Milestone in Digital Commerce

New Delhi – The Open Network for Digital Commerce (ONDC) has reached a significant milestone, with more than 5.7 lakh sellers and service providers...

May Sets Funding Record for Indian Startups, Surpassing $1.34 Billion Mark

Indian startups hit a new high in May, raising over $1.34 billion, making it the biggest funding month of 2024. A report from Kredible,...

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