Author: Business Matters Editor

Yatra Online, a prominent player in the Indian travel technology industry, has announced its plans to go public with an Initial Public Offering (IPO) scheduled for September 15, 2023. This move signifies a significant milestone in the company’s journey and reflects its ambition to expand and solidify its position in the dynamic traveltech market. Yatra Online: A Brief Overview Yatra Online, founded in 2006, is one of India’s leading travel technology companies, specializing in online travel bookings, hotel reservations, holiday packages, and related services. The company has consistently leveraged technology to simplify the travel booking process, making it more convenient…

NPCI To Roll Out Cross-Border Bill Payments Service For NRIs Living In The UK In a significant and progressive move, the National Payments Corporation of India (NPCI) is set to launch a revolutionary cross-border bill payments service catering specifically to Non-Resident Indians (NRIs) residing in the United Kingdom. This initiative marks a remarkable stride towards greater financial inclusivity and convenience for the Indian diaspora, underscoring NPCI’s commitment to innovation and addressing the evolving needs of its global clientele. Meeting the Needs of NRIs The decision to introduce this cross-border bill payments service is a response to the increasing number of…

Title: NVIDIA Joins Forces with Tata Group to Pioneer AI Solutions NVIDIA, a global leader in artificial intelligence (AI) technology, has made waves once again by announcing a strategic partnership with Tata Group, one of India’s largest and most influential conglomerates. This collaboration is set to drive innovation in the field of AI, with a focus on developing cutting-edge solutions for a wide range of industries. The significance of this partnership cannot be overstated. Both NVIDIA and Tata Group are renowned for their commitment to technological excellence and their ability to shape the future of various sectors through innovation. This…

Title: With An Eye On Big Tech, FM Sitharaman Seeks Global Cooperation For Responsible Taxation In an era defined by rapid technological advancements and the rise of global giants in the tech industry, the issue of taxation has taken center stage on the global economic agenda. Finance Minister Nirmala Sitharaman, from India, has emerged as a prominent advocate for responsible taxation in the face of Big Tech’s growing influence. In her pursuit of a fair and equitable tax framework, she is calling for increased global cooperation to address the challenges posed by these digital behemoths. The rise of Big Tech…

Dale Vaz, former Chief Technology Officer (CTO) at Swiggy, has made headlines once again, this time not for revolutionizing the food delivery industry but for securing substantial funding for his new venture. Dale’s startup, known as “Innovate Brew,” has recently attracted investments from leading venture capital firms Accel and Elevation Capital. Innovate Brew: The Vision Innovate Brew is poised to be a game-changer in the technology and innovation sector. While specific details about the startup’s operations are yet to be unveiled, Dale Vaz has expressed a strong commitment to fostering innovation and nurturing tech-driven solutions. Securing Funding: A Milestone Achievement…

In the ever-evolving landscape of telecommunications, a new debate has emerged, as major telecom operators, including Jio and Airtel, seek revenue sharing agreements with Over-The-Top (OTT) service providers. This development comes as telecom companies grapple with the growing demands on their networks and the need for substantial investments in infrastructure to meet the surging data consumption by users. The Rise of Over-The-Top (OTT) Services OTT services have gained immense popularity in recent years, offering a wide range of content and communication options over the internet. These services include streaming platforms like Netflix and Amazon Prime Video, messaging apps like WhatsApp…

Karnataka To Launch Integrated Fintech Programme Soon: A Game-Changer in Financial Technology The southern Indian state of Karnataka is poised to take a significant leap in the world of financial technology (fintech) with the imminent launch of its Integrated Fintech Programme. This forward-looking initiative promises to be a game-changer, not only for Karnataka but for the entire fintech landscape in India. As the nation’s fintech hub, Karnataka is gearing up to foster innovation, collaboration, and growth within the fintech ecosystem. 1. A Thriving Fintech Ecosystem in Karnataka Karnataka, home to India’s Silicon Valley, Bengaluru, has long been at the forefront…

Razorpay, a leading Indian fintech company, has recently launched a groundbreaking feature called ‘UPI Autopay On QR’ targeted at subscription-based businesses. This innovative solution is poised to revolutionize the way recurring payments are collected in India, offering convenience and security to both businesses and consumers. Subscription-based businesses, ranging from streaming services to utility bill payments, have been on the rise in India. However, collecting recurring payments in the country has always been a challenge due to various factors such as the lack of a dedicated subscription billing infrastructure and the reluctance of consumers to share sensitive card details. Razorpay’s UPI…

Zoho Corporation: The First Bootstrapped SaaS Company to Cross 100 Million Users In the realm of Software as a Service (SaaS), where many startups rely heavily on venture capital and external funding to fuel their growth, Zoho Corporation stands out as a remarkable outlier. This Indian-based company has achieved a milestone that is both astonishing and inspirational – becoming the first bootstrapped SaaS company to surpass 100 million users. Founded in 1996 by Sridhar Vembu and Tony Thomas, Zoho has a remarkable journey that defies the conventional wisdom that SaaS companies require massive infusions of capital to scale. Instead of…

Garena, the Singapore-based video game developer and publisher, has recently made headlines by announcing the postponement of the launch of Free Fire in India by several weeks. This decision has created a buzz within the gaming community and has left millions of Indian gamers eagerly awaiting the arrival of one of the world’s most popular battle royale games.Garena, the Singapore-based video game developer and publisher, has recently made headlines by announcing the postponement of the launch of Free Fire in India by several weeks. This decision has created a buzz within the gaming community and has left millions of Indian…