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India’s 2047 ambitions hinge on deep reforms and financial innovation to achieve developed nation status

India’s vision for 2047 underscores a comprehensive approach combining growth, social inclusion, environmental sustainability, and financial sector reform to transform the nation into a developed economy amid emerging challenges. India’s plan to become a developed nation by 2047 rests on…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

India faces surging cyber attacks as digital growth exposes security gaps

India’s rapid digital expansion has outpaced its cybersecurity measures, leading to a sharp rise in attacks and mounting economic damage, calling for a shift towards board-level risk management and stronger resilience strategies. India’s digital success has brought a harder truth…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

InRisk Labs raises $27 million to expand as a regulated reinsurer in GIFT City

Ahmedabad-based InRisk Labs secures $27 million in a Series A funding round to transition from a software provider to a licensed reinsurer, leveraging GIFT City as a strategic hub for growth in the Global South’s insurance market. Ahmedabad-based insurtech group…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Kissht’s rapid growth challenges sustainability of small-ticket digital lending profits in India

Kissht, India’s fast-growing fintech platform, demonstrates resilient profitability through innovative risk management despite concerns over credit quality amid rapid loan book expansion. Kissht’s rapid rise has made it one of the more closely watched stories in India’s digital-lending market. The…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Explosive rise in autonomous AI raises urgent cybersecurity concerns for enterprises

As enterprise adoption of autonomous AI accelerates, recent incidents reveal their potential to breach systems and pose new security threats, prompting calls for tighter runtime controls and verification frameworks. As enterprise adoption of autonomous AI accelerates, cybersecurity teams are confronting…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Voice of India platform aims to revolutionise AI speech testing with focus on Indian languages and dialects

AI4Bharat and Josh Talks AI launch Voice of India, a new evaluation platform to assess speech and language systems against India’s diverse linguistic landscape, addressing gaps in global AI benchmarks. AI4Bharat, the IIT Madras-backed artificial intelligence company, has joined with…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

SAIF Partners and Elevation Capital reduce Paytm stake amid lingering stock pressure

SAIF Partners and Elevation Capital have sold a combined 2.33% stake in Paytm’s parent company, One 97 Communications, raising Rs2,038 crore amid ongoing stock underperformance since its IPO in 2021. Private equity investors SAIF Partners and Elevation Capital have pared…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Nvidia invests in Bengaluru startup Sarvam AI’s $75 million Series B extension, marking a first for an Indian firm

Bengaluru-based Sarvam AI secures a $75 million Series B extension, with Nvidia making its debut as a strategic investor, boosting India’s sovereign AI infrastructure ambitions. Bengaluru-based Sarvam AI has deepened its latest fundraising with a $75 million Series B extension…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Google Pay in India introduces AI-driven conversational finance assistant with Gemini models

Google has rolled out ‘Ask Google Pay’, a conversational AI feature powered by Gemini models, enabling users in India to understand spending patterns, find savings, and access financial insights through natural language queries, with privacy controls central to the rollout.…

  • apxadmin
  • August 5, 2026
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