DIGITAL FINANCIAL SERVICES PLATFORM

US private equity fund buys major stake in Accolite Digital

With digital labs in Bangalore, Hyderabad, Gurugram and Chennai, the Texas-based Accolite employs more than 1,600 professionals globally. P...

Government to set up digital intelligence unit to tackle pesky calls, financial frauds

The move follows a direction from telecom minister Ravi Shankar Prasad, who chaired a high level meeting to look at ways to address rising ...

Geojit Financial Services ties up with Lotusdew to launch small, mid-cap stock basket

Through this partnership, Geojit will offer a new small and mid-cap basket of stocks called Lotusdew Prestige, which analyses corporate eve...

Birlasoft to adopt platform-based strategy

The company would invest in developing platforms for core industry process for clients that require higher digitisation, offering them a ‘s...

Moglix launches supply chain finance platform Credlix

Credlix helps in access to collateral-free credit from enterprise buyers and banks/NBFCs through invoice discounting.

TIW invests close to $6 million in Mahesh Bhupathi's Scentials

Scentials plans to expand its product offerings and strengthen its distribution network across the country.

Persistent’s revenue outlook improves on digital offerings

In line with bigger peers, Persistent showed a strong topline growth and margin improvement in the third quarter. Revenue grew by 7.4% sequ...

Airbus partners with HyperVerge to generate intelligence using satellite images

"What HyperVerge does is it helps people understand what are the changes that are happening on the ground by looking at satellite imagery,"...

RIL Q3 results: Net profit rises 26% on strong retail, digital play

Consolidated net profit rose to Rs 14,894 crore from Rs 11,841 crore. Revenue fell 18.6% to Rs 1.38 lakh crore as sales from its oil-to-che...

Volkswagen Finance acquires majority stake in digital lending platform KUWY

The Volkswagen Group’s financing arm had first bought a 25% equity stake in the latter in September 2019. KUWY Technology is an instant len...

Blue Yonder’s Luminate: A Digital Supply Chain Platform that is helping Indian companies succeed

In India, Blue Yonder started its operation in January 2010 with the acquisition of i2 Technologies, a leader in manufacturing, supply chai...

Fintech industry accelerates financial inclusion, to push faster digital adoption

The rapid growth of fintech players has helped in accelerating financial inclusion and new age technologies like AI and ML will further qui...

Digital platforms, robust ICT infra helped reduce pandemic hardships: President

As COVID-19 has impacted the global economy, India has pledged to make itself more self-reliant, and technology will be a key enabler in th...

India's economy could prove to be 'most resilient' in subregion over long term: UN

"India's economy could prove the most resilient in the subregion over the long term. FDI inflows have been steadily increasing and positive...

IT companies to see double-digit growth on mega deal wins

Goldman Sachs estimates that the double-digit growth momentum driven by large-scale shifts (of applications) to the cloud, building applica...

Paytm Money launches IPO investments for retail investors

The company is leveraging the convenience of UPI infrastructure to offer a faster turnaround time reduced to 3-4 days for completion of the...

Mahindra First Choice Services to become a subsidiary of TVS Automobile Solutions

MFCSL is a pan-India chain of multi-brand car and two-wheeler service workshops that also has a presence in the private label spare parts s...