India

Meta Description: India's Election Commission issues advisory to political parties, urging them to refrain from using deepfakes and misinformation during the ongoing general elections. This move comes after criticism for not taking sufficient steps to combat such campaigns in the world's most populous nation. The advisory requires prompt removal of deepfake content and identification of responsible individuals. India continues to grapple with deepfake issues, with the government emphasizing the importance of ethical conduct and responsible use of social media during elections.

Discover the departure of Piyush Gupta from Peak XV Partners to establish his own fund, as he leaves a significant role in the venture firm's strategic development team. Learn about Gupta's valuable contributions to programs like Pitstop and UpSurge, and his expertise in M&A. Explore the rise of secondary transactions in India and the potential for significant returns in the market. Find out how Gupta's departure marks a transition in Peak XV's leadership and the impact it may have on the growth of startups in the country.

"India's Massive Election Faces Threat of Misinformation and Fake News: How Tech Giants Are Falling Short | [Article Title]" Meta description: As India prepares for its massive election, the risk of misinformation and disinformation looms large. With a high number of internet users and the rise of AI-generated deepfakes, the country faces challenges in combatting fake news. Despite government efforts and calls for action, tech giants like Google and Meta (formerly Facebook) have yet to implement significant changes. This article explores the consequences of misinformation and highlights the need for stronger measures to protect election integrity and societal harmony in India.

Meta Description: CRED, the Indian fintech startup valued at .4 billion, has received in-principle approval for a payment aggregator license from the Reserve Bank of India. This approval allows CRED to process payments directly, reduce costs, and onboard merchants, enhancing its services and customer experience. Learn more about how this license strengthens CRED's position in the market and promotes healthy competition in the fintech industry.

Discover the latest acquisition in the Indian digital media landscape as VerSe Innovation, parent company of Dailyhunt, acquires Magzter, a popular digital newsstand platform. With over 1 million paying subscribers in India and an active user base of 87 million globally, Magzter offers access to 8,500+ magazine titles. VerSe's acquisition demonstrates their commitment to serving the affluent audience and expands their reach in the market. Find out how this partnership will enhance the digital reading experiences for users across India.

Looking to address the dominance of PhonePe and Google Pay in India's Unified Payments Interface (UPI) ecosystem, the NPCI is meeting with fintech startups to discuss strategies for increasing UPI transactions. With concerns raised about market share concentration, the RBI and parliamentary panel are advocating for alternatives and a more level playing field. By promoting competition, offering incentives, and engaging with emerging players, the NPCI aims to foster innovation and benefit Indian consumers. Read more to learn about the efforts to create a more diverse and competitive payments landscape in India.

Discover Google Wallet's upcoming launch in India, two years after its relaunch in the U.S. Speculation arose after an accidental preview on the Google Play store, leaving users confused. Unlike other markets, Google will maintain Google Pay as a separate app in India, focusing on convenience and security. The Indian version of Google Wallet is expected to have local integrations and potential partnerships with Indian brands. Although not officially available, some Android users have reported limited functionality. Get ready for a localized experience catered to Indian consumers, enhancing convenience and security in digital payments.

India's Ambition to Electrify Three-Wheelers: Omega Seiki Mobility and Exponent Energy have joined forces to launch the Stream City Qik, an electric three-wheeler passenger vehicle that charges from 0 to 100% in just 15 minutes. Priced at ,900, the vehicle is equipped with Exponent Energy's rapid charging technology and features an 8.8kWh battery pack that provides over 86 miles of range. With plans to expand its charging station network and increase the availability of the Stream City Qik, this collaboration aims to address the charging anxiety among three-wheeler drivers in India and promote the adoption of electric vehicles in the passenger vehicle segment.

Discover how WhatsApp is testing its Meta AI chatbot in India and other markets, highlighting the company's ambition to expand its AI offerings. With over 500 million users in India alone, the integration of Meta AI into WhatsApp presents a unique opportunity to showcase its advanced language model and image generation capabilities to a massive audience. As Meta continues to refine and expand its AI offerings, users can expect more innovative features and functionalities that will revolutionize the way they communicate and interact on the platform. Find out how this testing phase will enhance users' experience and what it means for the future of WhatsApp.