Tag: Financial services
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
Patanjali, DS Group Acquire Magma Insurance
Patanjali Ayurved and Dharampal Satyapal Group (DS Group) have acquired a 98% stake in Magma General Insurance for ₹4,500 crore, marking a significant expansion...
PB Fintech to Invest ₹696 Cr in PB Healthcare
PB Fintech Ltd., the parent company of insurance brokerage platform Policybazaar, has announced a ₹696 crore investment into its subsidiary PB Healthcare Services Pvt...
Bharti Airtel and Bajaj Finance Partner for Digital Financial Services
Telecom giant Bharti Airtel has announced a strategic partnership with Non-Banking Financial Company (NBFC) Bajaj Finance to create a comprehensive digital platform for financial...
Yenmo’s Journey: Redefining Lending Dynamics in India
In a significant development, Yenmo secures $500,000 in funding led by Y Combinator, marking a milestone in their mission to democratize financial services. Founded by...
Digital Banking: Changing Consumer Preferences and Behaviors
In today's rapidly evolving financial landscape, digital banking has emerged as a transformative force, reshaping the way consumers manage their finances. With the rise...
