Paytm Update: CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman amid RBI curb
Amid RBI's curb on Paytm Payments Bank Ltd (PPBL), Founder & CEO Vijay Shekhar Sharma on Tuesday met Finance Minister Nirmala Sitharaman.
India
Funding rounds, acquisitions, regulatory shifts, and major business developments from across the Indian startup and technology landscape.
Paytm Update: Stocks jump 5 percent, Reliance Jio to acquire Paytm Wallet
Paytm witnessed a 42 percent fall in its stocks after RBI's curb. Today, Paytm shares were trading at a 5 percent increase. Jio is rumored to acquire Paytm wallet.
‘Paytm Nahi Karo’ – RBI imposes major restrictions on Paytm Payments Bank
RBI today announced that with effect from February 29, 2024, Paytm Payments Bank won't be allowed to accept deposits or top-ups in customer accounts.
Bengaluru-based FreshMenu’s 3.5 Mn food order data leaked
Bengaluru-based popular food delivery service platform FreshMenu has exposed over 3.5 million order details along with sensitive customer information.
Indian healthcare tycoon in UAE announces 50 free heart surgeries for unprivileged children
Dr Shamsheer Vayalil, the son-in-law of Yusuffali a prominent entrepreneur in the healthcare sector in the UAE, announces a philanthropic initiative to undertake 50 life-saving heart surgeries for children.
Bengaluru-based AI Startup CEO visited Goa with her son a week before allegedly killing him
Bengaluru-based, Suchana Seth, founder and CEO of The Mindful AI Lab is accused of killing her son in Candolim, North Goa
There were 6.5 million online food delivery orders on New Year’s Eve 2023, setting a record and delivering 18% higher volumes compared to 2022: Redseer
From roughly 5 million orders on New Year’s Eve 2021, the same for 2022 was 5.5 million. 2023 was the best with 6.5 million orders.
It’s Official – Tata Pay secures RBI license
Tata Pay, a digital payments app under Tata Digital has secured a payment aggregator (PA) license from RBI.
Meet the ‘PhD Sabzi Wala’ from Punjab who sells vegetables to subsist
Here's to the much entrancing Dr. Sandeep Singh, 39 of Punjab holding four master's degrees and a PhD who sells vegetables to subsist.
India’s $12 Bn Digital Media market to become 3X by 2030; OTT, Core Gaming and Digital Ad spend to lead the way: Redseer
India’s current landscape of Internet users is dominated by a 450-500 million strong cohort of Explorers, followed by 300-320 million Transactors and 35-40 million Mature Users.
Report: DPI gives 97% of Indians Digital ID and enjoys greater adoption among Tier-2 geographies – Redseer
India’s Digital Public Infrastructure expands beyond Aadhar and UPI, creating impact across sectors including eCommerce, Gaming, Fintech, Banking, and MSMEs.
India plans to build a ‘Sovereign AI’ ecosystem, Not controlled by private players
Union Minister Rajeev Chandrasekhar said India is looking to shape global trends and conversations in artificial intelligence.