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Artificial Intelligence

India’s domestic AI market to more than triple to $17 billion by 2027: BCG

India’s domestic AI market to more than triple to $17 billion by 2027: BCG

12 Jun 2025, 16:42 PM

The report noted that India has more than 600,000 AI professionals and the number is expected to more than double to 1.25 million by 2027.

Perfios acquires debt collections platform CreditNirvana

Perfios acquires debt collections platform CreditNirvana

12 Mar 2025, 18:46 PM

The platform claims that it manages a collection portfolio exceeding $9 billion, handles over 42 million loan accounts, and supports nine types of loan portfolios.

RBI sets up committee for ethical adoption of AI in financial sector

RBI sets up committee for ethical adoption of AI in financial sector

27 Dec 2024, 22:41 PM

The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models/applications in the Indian financial sector.

BusinessNext introduces AI agent platform for BFSI sector

BusinessNext introduces AI agent platform for BFSI sector

21 Nov 2024, 17:29 PM

The company is in talks with one of India's large public sector banks for the deployment of its new platform.

Febi.ai raises $2 million in pre-Series A funding

Febi.ai raises $2 million in pre-Series A funding

23 Oct 2024, 17:56 PM

The new funding will be used to enhance AI capabilities, expand customer acquisition, and grow the workforce.

Fintech Hightlights

  1. IPO-bound Groww records Rs 1,820 crore net profit; raises fresh capital

  2. Crypto neobank startup PlutoPe bags pre-seed funding

  3. IPO-bound Pine Labs CFO quits

  4. Cred raises $72 million led by GIC in a downround

  5. Pine Labs set to file DRHP for IPO by June-end

  6. Read more highlights...

AI/Emerging Tech

  1. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  2. Read more highlights...

Editor's Pick

  1. Madras HC grants anticipatory bail to Strata founder in email impersonation case

  2. Exclusive: Paytm’s payment aggregator unit fires all senior executives

  3. UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

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