Indus PayWear: IndusInd Bank’s Complete Tokenised Wearable
IndusInd Bank has emerged as a frontrunner in the Indian fintech industry with the launch of Indus PayWear, unveiled on March 11, 2024. Indus PayWear represents a groundbreaking innovation – India’s first all-in-one tokenized wearable. This revolutionary technology empowers users to make secure contactless payments using their IndusInd Bank debit or credit cards, eliminating the […]
Slice Parent, North East Bank in CCI-Approved Deal
Landmark Fintech Consolidation Gets Regulatory Greenlight On March 12, 2024, the Competition Commission of India (CCI) granted its approval for the merger between Garagepreneurs Internet Private Limited (GIPL), the parent company of prominent fintech player Slice (valued at over $1 billion in 2021 funding rounds), and North East Small Finance Bank (NESFB). This crucial regulatory […]
Sidbi’s Avaana Secures $24.5M GCF Funding
On March 6, 2024, the Small Industries Development Bank of India’s (SIDBI) climate finance arm, Avaana, secured a significant $24.5 million investment from the Green Climate Fund (GCF). This strategic infusion serves as a catalyst for the launch of Avaana’s flagship initiative, the Avaana Sustainability Fund (ASF), with a total corpus of $120 million. The […]
Aurionpro Bags ₹100-Crore SBI Contract for iCashpro+ Platform
In a move that underscores Aurionpro’s position as a leading innovator in the Indian fintech industry, the company has secured a monumental ₹100 crore contract from State Bank of India (SBI), the country’s largest banking institution. This multi-year partnership signifies the deployment of Aurionpro’s next-generation cash management platform, iCashpro+, across SBI’s vast network. The implementation […]
MakeMyTrip, redBus Partner Madhya Pradesh Tourism
In an innovative effort to rejuvenate Madhya Pradesh’s tourism sector, leading travel platforms MakeMyTrip and redBus have partnered with Madhya Pradesh Tourism. This alliance is poised to revolutionize travel in the region by integrating recent data analytics into service offerings, providing tourists with enriched travel experiences Data-Driven Decisions: The partnership leverages cutting-edge data analytics to […]
ECI, Google partner to stop election disinformation
The Election Commission of India (ECI) has embarked on a groundbreaking initiative with Google to address the challenge of election disinformation head-on. This collaboration is poised to enhance the transparency and fairness of elections through a series of targeted measures aimed at identifying and neutralizing false narratives. A Strategic Approach to Electoral Integrity The ECI’s […]
Alliance Air Launches Bilaspur-Delhi, Kolkata Flights
Alliance Air, a subsidiary of Air India, has announced the commencement of operations on two new routes, connecting Bilaspur to Delhi and Kolkata. This strategic expansion aims to bolster regional connectivity and cater to the increasing demand for domestic travel Bilaspur-Delhi Route The Bilaspur-Delhi route is set to facilitate travel for both business and leisure […]
SBI Research: Women SHGs Boost Rural Incomes
SBI Research’s latest findings indicate a significant surge in rural incomes, attributing a 35% increase directly to the initiatives of Women’s Self-Help Groups (SHGs). These groups have not only championed financial independence for women but have also been a cornerstone in the economic advancement of rural sectors. The research underscores the pivotal role of SHGs […]
PM Inaugurates Gujarat Projects Worth Rs 1,06,000 Cr
Ahmedabad, March 12, 2024: Prime Minister Narendra Modi has today initiated a transformative era for Gujarat’s infrastructure by inaugurating and laying the foundation stone for projects worth over Rs 1,06,000 crores. This initiative is a significant step towards realizing the vision of a developed India. A Quantum Leap in Infrastructure The Dedicated Freight Corridor (DFC) […]
India’s First Logistics Drone: AeroGCS Certified
Revolutionizing Delivery: India’s AeroGCS Drone Achieves Certification In a groundbreaking move for India’s dynamic drone industry, the AeroGCS drone has been officially certified, signaling a transformative era in logistics and delivery services.Drone Logistics Innovation A New Horizon in Indian Skies The certification of the AeroGCS drone represents a pivotal moment in India’s ambition to become […]