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SucSEED Ventures • 4m
Top 10 Latest News In India 1) Amazon India Listing: Amazon is considering spinning off its India entity to comply with local regulations and pursue an inventory model currently limited to domestic companies. [Source: YourStory] 2) 5G Innovation Hackathon 2025: The Department of Telecommunications announces a six-month hackathon aimed at developing innovative 5G-powered solutions, including AI-driven network maintenance. [Source: Tribune India] 3) Fintech and Digital Payments Growth: India's fintech sector experiences remarkable growth in digital payments, reaching transactions of Rs2,330.72 trillion, with increasing AI and ML applications. [Source: Fintech Biz News] 4) Global AI and LLM Developments: Noteworthy advancements in AI and LLMs occur globally, with companies like Finbourne and Tektonic AI innovating in financial data management and automating operations. [Source: Intro Act] 5) Data Localization Challenges for E-commerce: The push for data localization regulations in India poses challenges for foreign e-commerce companies, influencing strategies like Amazon's potential listing. [Source: YourStory] 6) AI in Network Solutions: The 5G hackathon encourages innovative applications of AI in network management, emphasizing the future role of technology in telecommunications. [Source: Tribuna India] 7) Growth of Credit Underwriting in Fintech: With the rise of digital payments, fintech companies in India increasingly implement AI and ML technologies in credit underwriting and fraud detection. [Source: Fintech Biz News] 8) Automation in Business Operations: Companies around the world continue to leverage advancements in AI, particularly in automating business operations and enhancing data management. [Source: Intro Act] 9) Future of E-commerce in India: The potential spin-off of Amazon India's unit signals a strategic shift in addressing regulatory requirements and market dynamics in the e-commerce sector. [Source: YourStory] 10: AI Innovations in Telecommunications: The upcoming 5G Innovation Hackathon aims to harness AI in creating solutions that can revolutionize telecommunications and network functionalities. [Source: Tribune India]
Aspiring Entrepreneu... • 1y
There are more than 2000 fintech companies in India. Amongst these 1800+ fintech companies are startups. Moreover, 42% of the fintech companies are based from Bangalore and Mumbai. Still there are only 20 fintech unicorns in India. What could be
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SucSEED Ventures • 4m
News of the day (March 19, 2025) 1) SaaS Unicorn Icertis Eyes $50M Fresh Funding: Pune-based SaaS Unicorn Icertis plans to raise $50M, filing a Form D with the SEC. The firm reported a net profit of ₹97 crore for FY24, up from ₹71 crore in FY23. Sou
See MoreHey I am on Medial • 6m
Mukesh Ambani is an Indian business magnate, chairman, and managing director of Reliance Industries Limited (RIL). Key Highlights: * Transformation of Reliance: Under his leadership, Reliance Industries has diversified significantly, expanding from
See More"Building Impactful ... • 29d
1. Honeywell India Set to Become a $1 Billion Business Honeywell India is expected to cross $1 billion in revenue by 2025, up from $900 million. This growth is driven by AI, 5G, and cloud-based technologies. The company also inaugurated an Airfield
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