The Fine Print Behind the UPI MDR Debate
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
Explore the latest news, in-depth reports, and executive analysis tagged with #Ian.
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
The fund is anchored by Self-Reliant India Fund, HDFC Asset Management Company, and HDFC AMC Select AIF FoF.
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
Prior to Microsoft, Kulkarni spent over a decade at Accenture and has previously held senior positions at EY and GE Capital.
The proposed framework could require VPN companies to establish a local presence in India, appoint compliance officers and designate officials to coordinate with government agencies.
The development comes just a week after Meta announced a nearly $900 million investment in Indian fintech startup CRED and appointed its founder, Kunal Shah, as the new global head of WhatsApp.
ED seized cash, bullion, incriminating documents, froze four luxury vehicles; and identifies Dubai-based Grenadian national as Pay10's alleged ultimate beneficial owner.
The funding round also saw participation from Info Edge and other angel investors.
OpenAI has partnered with other Indian IT firms, including HCLTech and TCS, while Infosys has a separate collaboration with Anthropic.
Ternus takes over at a moment when Apple is under increasing pressure to define its position in the AI race.
Currently, the feature is available to AI Pro and AI Ultra subscribers in India.
The order, which was primarily driven by the Indian Ministry of Defence under the Emergency Procurement Route, was completed in just two months.
The robotic rehabilitation systems maker will use the fresh capital for product innovation, expansion of manufacturing capabilities, and to grow its presence within India and internationally.
The funding round saw contribution from investors including G Squared, Prysm Capital, Coatue, Andreessen Horowitz (a16z), Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures and Databricks Ventures.
Other Indian conglomerates also announced plans to develop data centres in India earlier this week.
The turnover limit for being considered a startup for the deep tech entities has also been increased to Rs 300 crore.
Nvidia, which last agreed to invest $5 billion in Intel, currently holds the market lead for GPUs used by data centers.
Alipay+ has close to 1.8 billion user accounts and are used by over 150 million merchants.
In this edition, we chart INR-USD, INR–GBP and INR–CNY over the decades - a simple visual look at how the rupee has changed since 1947.
Sept 5th Edition: We track Mukesh Ambani’s entry into a novel business that even big tech businesses are trying to make sense of; and the country’s top marketplaces’ credit bet.