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India widens its usernames crackdown to Telegram and Signal

Digital Marketing, Government and policy, India, SEO Tips, Technology /

A government source says the IT ministry has sent notices to both apps, a day after ordering WhatsApp to pause its own usernames rollout. India’s technology ministry has sent notices to Telegram and Signal raising concerns over their usernames features, a government source told Reuters, extending a regulatory push that began with WhatsApp just a […]

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India tells WhatsApp to pause its usernames feature pending consultations

Digital Marketing, Government and policy, India, SEO Tips, Technology /

India’s Ministry of Electronics and Information Technology has ordered WhatsApp not to launch its planned usernames feature in the country until further consultations are complete, according to a letter seen by Reuters. The ministry, known as MeitY, has given Meta three days to explain why regulatory action should not follow the feature’s announcement. WhatsApp said on […]

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India’s Equirus weighs a fundraising round of up to $60m

Digital Marketing, India, Investors and funding, SEO Tips, Technology /

The Mumbai investment bank is considering raising fresh capital through new shares and stake sales, a bet on the strength of India’s public-listing pipeline. India’s capital markets have been busy enough lately to make the firms that arrange the deals worth investing in themselves. Equirus Capital, a Mumbai-based investment bank, is considering raising as much […]

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Amazon’s rapid-delivery push wipes $15bn off India’s Eternal and Swiggy

Amazon, Business, Digital Marketing, India, SEO Tips, Technology /

Amazon spent years circling India’s quick-commerce market without committing to it. Investors have now decided the circling is over, and they have repriced the incumbents accordingly. Shares in Eternal, the parent of grocery-delivery leader Blinkit, and in rival Swiggy have fallen sharply as Amazon accelerates its rapid-delivery business in the country. Eternal has slipped about […]

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India’s payments chief says AI will drive UPI from 750 million to a billion daily transactions

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, India, Next Featured, SEO Tips, Technology /

India’s Unified Payment Interface has grown to over 750 million daily transactions, and the head of the body that oversees it says AI will be central to reaching a billion. Dilip Asbe, MD and CEO of the National Payments Corporation of India, told TechCrunch at Mumbai Tech Week that AI could drive the next half […]

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Amazon to invest an extra $13bn in Indian cloud and AI by 2030

Amazon, Digital Marketing, India, SEO Tips, Technology /

Amazon will invest an additional $13bn in India by 2030, the company said on June 25, lifting its planned spending in the country to $48bn over the period and routing the new money into the part of the business that now drives almost everything Amazon does: cloud and artificial intelligence. Chief executive Andy Jassy announced […]

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Meta buys a fifth of Cred, and a new WhatsApp boss

Artificial Intelligence, Corporates and innovation, Digital Marketing, Fintech and ecommerce, India, Investors and funding, SEO Tips, Technology /

Meta is paying $900mn for a fifth of Cred, an Indian fintech. The bigger prize is its founder, Kunal Shah, who will now run WhatsApp. Meta has found its next WhatsApp boss the way it now likes to find people: by writing a cheque. On Monday, the company said it would invest $900mn in Cred. […]

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Jio Platforms files for India’s largest-ever IPO, with nearly $3 billion earmarked for debt repayment

Digital Marketing, India, Investors and funding, Next Featured, SEO Tips, Technology /

Jio Platforms, the digital and telecom arm of Mukesh Ambani’s Reliance Industries, filed its draft red herring prospectus with India’s securities regulator on Friday for what would be the country’s largest initial public offering. The filing covers a fresh issue of up to 270 million shares, with no offer-for-sale component, meaning every rupee raised flows […]

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As Jio files for India’s biggest-ever IPO, it’s planning a Starlink rival in orbit

Business, Digital Marketing, India, Mobile, SEO Tips, Space, Technology, World /

At its annual shareholder meeting on Friday, Reliance unveiled two things at once: paperwork for what could be India’s biggest-ever stock-market listing, and a plan to put a Starlink rival into orbit. Jio Platforms, the digital and telecom arm of Mukesh Ambani’s Reliance Industries, filed draft papers for an initial public offering widely expected to […]

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