This move follows the trend of local independence, similar to Sequoia Capital's rebranding of its India arm as Peak XV
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The report further noted that India's household consumption nearly doubled in the past decade to USD 2.1 trillion last year, India is expected to surpass Germany (in 2024) and Japan (in 2026) to become the third-largest consumer market in the world
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While speaking on the DPDP Act, Sumnesh Joshi ITS, Deputy Director General (Joint Secretary level Government of India), Ministry of Communications, Government of India emphasised the need to be careful about what data installed in their AI or machine learning because what you install in it will determine what it produces in your system
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Data-driven innovations optimise payment systems and expand financial inclusion, bringing advanced services to underserved markets and creating a more inclusive and innovative financial ecosystem
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Experts hail the gains that institutions are savouring with the use of big data, along with the government taking significant steps in driving the entire narrative forward
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NPCI’s Praveena Rai discusses the transformative impact of digital public infrastructure on the financial sector
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The accelerator, supported by T-Hub and Minfy, will offer startups specialised AWS training and mentorship from space and technical experts
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Sebi allows registered entities to associate with unregistered entities solely for sharing educational content, according to reports. It also mandated that registered entities must ensure their associates do not engage in prohibited activities
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Kotak Mahindra Capital Company, Jefferies India, Axis Capital, and JP Morgan India are the book-running lead managers for the issue
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Gurumurthy, who left Swiggy in late 2023 to pursue entrepreneurship, has returned the capital raised from investors as he shifts focus to a new startup that remains undisclosed
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