
India Moves to Reshape UPI Business Model With Merchant Fee Framework
India has introduced legislation that could allow merchant charges on some UPI transactions, creating a potential new revenue model for the country’s digital payments network.
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India has introduced legislation that could allow merchant charges on some UPI transactions, creating a potential new revenue model for the country’s digital payments network.

ServiceNow invested $40 million in India’s BusinessNext to strengthen its AI-driven financial services software strategy and expand global banking solutions.

India has approved a manufacturing joint venture between Vivo and Dixon Technologies, signalling the next phase of the country’s smartphone manufacturing expansion beyond Apple-led…

India unveiled nearly $20 billion in smartphone and semiconductor incentives to expand domestic manufacturing, attract investment, and strengthen supply chains.

Indian AI startup Emergent has raised $130 million in Series C funding at a $1.5 billion valuation to expand its AI coding platform for businesses.

Truecaller has challenged India’s telecom regulator over new anti-spam regulations, raising concerns about user privacy, innovation, and the future of spam call protection services.

Apple has restored Visa and Mastercard payments for Apple Account purchases in India after a four-year gap, making it easier to pay for App Store apps, iCloud+, Apple Music, and other…

OpenAI has named former Uber India president Prabhjeet Singh as its first Managing Director for India, reinforcing its expansion strategy in one of its fastest-growing AI markets outside…

Indian entrepreneur Bhavin Turakhia has invested $30 million of his own money to launch Neo, an AI-native productivity platform designed to compete with Microsoft Office and Google…

Amazon has started testing Alexa+ in India with Hindi support, inviting select users to join its beta program. The move signals Amazon’s push to expand its AI-powered voice assistant for…

Meta names CRED founder Kunal Shah as WhatsApp’s new chief while investing $900 million in the Indian fintech startup, strengthening its payments and commerce strategy.

India’s temporary Telegram ban led to a sharp increase in VPN downloads and migration to rival messaging apps as users sought uninterrupted communication during the restriction.
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