Introduction:
India is rapidly emerging as a major player in the global smartphone market, and Apple is set to benefit greatly. According to a new report by The Economic Times, India is on track to become Apple’s third-largest market by 2026, surpassing both Japan and the U.K. This growth is fueled by a booming demand for premium devices, a surge in disposable incomes, and Apple’s growing…
Finix is making waves in the payment processing arena, announcing a robust $75 million fundraising round aimed at taking on industry giant Stripe. After years of establishing itself by helping businesses set up their internal payment systems, Finix officially became a payment processor in 2023, positioning itself for a significant competitive push.
In an exclusive interview with TechCrunch, CEO…
PB Fintech’s stock surged over 4% after CEO Yashish Dahiya announced plans for a $100 million investment to acquire a 30% stake in a new healthcare company, pending board approval. This strategic move aims to address the significant gap between healthcare costs and affordability for the average Indian.
Brokerage firm Bernstein has maintained an ‘outperform’ rating for PB Fintech, setting a…
India’s e-commerce sales are projected to reach between ₹1 lakh crore and ₹1.2 lakh crore in gross merchandise value (GMV) this festive season, driven by strong pent-up demand and a trend towards premiumization, according to a report from Redseer Strategy Consultants. This represents a 20% year-on-year growth for the sector.
Key categories like mobiles, electronics, and fashion are poised…
Sharp Corporation Accelerates Semiconductor Ambitions in India, Seeks Local Partners for Display Fab
Global electronics giant Sharp Corporation is intensifying its efforts to establish a semiconductor display fabrication facility in India. This initiative is part of the India Semiconductor Mission (ISM), which aims to enhance the country’s position in the global semiconductor supply chain. Sharp is currently scouting for strategic partnerships with local players to drive this ambitious project…
Drip Capital, a digital trade finance platform, has successfully raised $113 million in a recent funding round, combining equity and debt to further its growth and diversify its product offerings for small and medium-sized businesses (SMBs) in key markets such as India and the US.
This funding round includes $23 million in equity from Japanese institutional investors GMO Payment Gateway and…
Gurugram-based AGRIM, a leading B2B platform for agricultural inputs, has successfully raised $17.3 million in its Series B funding round. The round was led by Asia Impact and saw participation from existing investors including Kalaari Capital, India Quotient, Omnivore, and Accion Venture Lab. This new infusion of capital will enable AGRIM to strengthen its technology infrastructure, broaden its…
