india

India (official name: the Republic of India; Hindi: Bhārat Gaṇarājya) is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

Source: en.wikipedia.org

FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
December 18, 2023  |  Business

There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has...

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Indian FinTechs Struggle After Crackdown on Unsecured Loans
Indian FinTechs Struggle After Crackdown on Unsecured Loans
December 18, 2023  |  Loans

India’s recent crackdown on unsecured consumer loans has reportedly placed increased pressure on FinTech lenders. The Financial Times (FT) examined the state of companies such...

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AI Startup Krutrim Rolls out India’s First Multilingual Large Language Model
AI Startup Krutrim Rolls out India’s First Multilingual Large Language Model
December 15, 2023  |  Artificial Intelligence

Krutrim, an artificial intelligence startup founded by serial entrepreneur and CEO of Ola Group, Bhavish Aggarwal, made waves in the field of AI with the...

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Indian eCommerce Company Udaan Notches $340 Million in Series E to Ready IPO
Indian eCommerce Company Udaan Notches $340 Million in Series E to Ready IPO
December 14, 2023  |  Investments

Indian B2B eCommerce firm Udaan has raised $340 million as it prepares to go public. The company plans to use the new funding to bolster its supply chain and...

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Bain Sells $448 Million Share in Indian Lender Axis Bank
Bain Sells $448 Million Share in Indian Lender Axis Bank
December 13, 2023  |  Loans

Private equity firm Bain Capital has reportedly sold a $448 stake in India’s Axis Bank. The company made the block trade Wednesday (Dec. 13), Reuters reported, citing a term sheet...

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American Express Launches New Rewards Program in India
American Express Launches New Rewards Program in India
December 08, 2023  |  Credit Cards

American Express has launched Reward Xcelerator, a new initiative aimed at strengthening its Membership Rewards program in India. This program offers Platinum Charge cardmembers the...

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Paytm Stock Drops 20% After Downgrade for Scaling Back Loan Sizes
Paytm Stock Drops 20% After Downgrade for Scaling Back Loan Sizes
December 07, 2023  |  Loans

 Paytm’s stock hit a two-year low Thursday (Dec. 7) after it changed its small-ticket loan policy and brokers downgraded its stock.  The Indian FinTech had announced earlier...

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Report: Indian BNPL Startup ZestMoney to Wind Down Operations
Report: Indian BNPL Startup ZestMoney to Wind Down Operations
December 05, 2023  |  Buy Now Pay Later

Indian buy now, pay later (BNPL) startup ZestMoney is reportedly closing down after unsuccessful attempts to find a buyer. Once valued at $445 million, the company had...

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Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to Shop
Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to...
December 04, 2023  |  Mobile Wallets

India, traditionally reliant on cash, embarked on a digital payments journey 15 years ago. The process was marked by key milestones like the introduction of...

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