Tag: NBFC
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,...
Jupiter Receives RBI Approval for Digital Wallet Services
Tiger Global-backed neobanking startup Jupiter has received final authorization from the Reserve Bank of India (RBI). This RBI approval allows Jupiter to offer digital...
Zomato Looks to Revive its Merchant Lending Services
Zomato, one of India's leading food delivery platforms, is looking to revive its merchant lending services after a brief pause. Engaging with multiple non-banking...