PhonePe Appoints Ritesh Pai as International Payments CEO
Pai earlier worked at President-Products and Solutions at TerraPay and was responsible for launching and implementing payment products and solutions globally….reports Asian
Authors sue Microsoft, OpenAI for copyright infringement
San Altman-run OpenAI and Microsoft have been hit by another class-action lawsuit by book authors, who alleged that the company “simply stole”
Global cellular IoT module shipments see 2% decline
The top five applications – smart meter, automotive, POS, router/CPE and telematics – accounted for over 60 per cent of total cellular
Dubai Duty Free achieves all-time record sales in 2023
The operation recorded over 20 million sales transactions throughout the year, or an average of 55,000 sales transactions per day, while a
India Dominates Healthcare Deals
The country was set to host 22 healthcare deals last year, with deal value reaching $4.6 billion, just below the $4.7 billion
Indian Fintech Faces 63% Funding Dip
Only five $100 million+ funding rounds took place last year….reports Asian Lite News India’s fintech sector saw funding plunge 63 per cent
India Inc. Ramps Up AI Spending in 2024
The report surveyed over 300 IT decision-makers from India’s top organisations, between July and September 2023….reports Asian Lite News About 68 per
AI Leads Smartphone Tech Shift
Indians are spending a staggering 2,300 hours annually on their smartphones and till now, consumers have largely adapted to an app-driven world…reports
Unicorn Boom Slows
2023 witnessed 67 mega deals ($100 M+ rounds) worth $21.2 Billion, compared to 112 such investments worth $31.8 Billion in 2022….writes Sanjeev
India Faces Women’s Safety Shortfalls
The report by Walchand Plus emphasises the urgent need for a transformative approach to ensure workplace safety…reports Asian Lite News A staggering