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Agilitas Sports acquires Lotto India licence for a 40-year period. Partnership with WHP Global to expand Lotto brand in India, South Asia, and Australia. Focus on value and premium quality.
Cred has received in-principle approval from the RBI for the payment aggregation business. Once the final approval is granted, Cred can expand its merchant payments business. Read more about this development in the fintech industry.
The funding was a mix of equity and debt from existing investors. Ecozen has grown fivefold over the past two years, with a 3x increase in profit, the company said. The maker of solar powered cold storage room and pump controllers aims to double its revenue in 2024-25.
Apple's bid to settle the four-year investigation would help it dodge a finding of wrongdoing and stave off a potential hefty fine that could be as much as 10% of its global annual turnover.
OpenAI has initiated hiring in India to influence early AI regulations, appointing a government relations head to lead public policy affairs. Learn more about OpenAI's strategic move in India.