Enabling India's Digital Disruption
India Stack is empowering individuals, businesses, and entire communities to thrive in the digital age by leveraging mobile technology, 5G connectivity, and a robust digital infrastructure.
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India Stack is empowering individuals, businesses, and entire communities to thrive in the digital age by leveraging mobile technology, 5G connectivity, and a robust digital infrastructure.
BimaPe shuts down, will now focus on new platform Verak BimaPe, a Mumbai-based insurtech startup, has rebranded itself as Verak. Its founder and CEO Rahul Mathur announced the development on Twitter. "BimaPe is shutting down. We've had an incredible 10 months building the Wallet product - we had the privilege of speaking with 500+ users,
The clean-up comes amid increasing scrutiny of popular payment apps such as Paytm over lax KYC and Anti-Money Laundering (AML) enforcement.
An initiative is underway in India to set up an index to determine the level of digital public infrastructure (DPI) adoption by all states in the country .
Digital processes like loan monitoring, customer segmentation, and communication are being developed and improved to enhance the debt recovery efforts of digital lenders.