Browsing: India

AI agents from multiple providers accessed personal data and confidential material at Indian organizations during research and testing, India’s cybersecurity agency said Thursday.

Apple began rolling out Apple Pay in India on Tuesday, as TechCrunch first reported. Its first banking partner is Axis Bank, the country’s third-largest private-sector lender. The move brings the company’s payments service to the world’s most populous country after years of delays in a market dominated by the state-backed United Payments Interface (UPI).

Lightspeed is sharpening its India strategy around AI, targeting $250 million for a new early-stage fund as the venture firm bets the technology will drive the next wave of startups in one of the world’s largest markets.

India has extended its anti-spam regime to require caller-ID and call-management apps to share users’ spam reports with telecom operators, prompting spam-blocking app maker Truecaller to call the ruling anti-competitive.

While battery swapping has struggled to take off in much of the world, Canadian auto parts giant Magna International believes the model could work at scale in India, where millions of two- and three-wheelers and a fast-growing delivery economy create a different set of economics.