Peak Reinsurance Company Limited has gained approval from the International Financial Services Centres Authority (IFSCA) to establish a reinsurance branch at Gujarat’s GIFT IFSC, enhancing…
In 2024, Asian WealthTech investments plummeted by 79% year-on-year, totaling $4.5 billion compared to $21.4 billion in 2023, with deal activity decreasing by 69% to…
Elon Musk’s social media platform X (formerly Twitter) has filed a lawsuit against the Indian government, contesting the IT ministry’s expanded powers to remove online…
In 2024, the Asian InsurTech market faced a significant downturn, with deal activity dropping 64% year-over-year and funding plummeting 71% to $369 million from $1.3…
Indian authorities arrested Aleksej Besciokov, co-founder of the sanctioned Russian cryptocurrency exchange Garantex, in Kerala. This action follows a U.S. Department of Justice indictment accusing…
Airtel has partnered with SpaceX to launch Starlink’s satellite internet services in India, addressing the country’s immense potential as the second-largest internet market. However, SpaceX…
In 2024, the Asian RegTech market has faced significant challenges, with a 35% decline in deal activity and a 57% drop in total investments, falling…
In 2024, global FinTech investment faced a significant downturn, with total funding dropping to $89.66 billion—a 45% decline from 2023. Deal volume plummeted by 57%,…
Infineon Technologies is advancing in the Indian market through a partnership with CDIL Semiconductors to develop specialized chips for electric vehicles (EVs) and renewable energy…
Uber has launched the Uber for Teens program in India, targeting teenagers aged 13 to 17 in major cities like Bengaluru, Delhi NCR, and Mumbai,…