Sources: Apple Pay is launching in India today with Axis Bank as its initial banking partner. Eligible Axis Bank cards on Visa and Mastercard will be supported at launch.
Google has started testing a new way to shop in India, letting some users buy products from Walmart-owned Flipkart directly through Gemini and AI Mode. The feature is expected to roll out more broadly in October, ahead of India’s festive shopping season.
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.
New: Former Infosys CEO Vishal Sikka's Hang Ten Systems, founded just four months ago, has expanded its seed funding by another $53 million, taking its total raise to $85 million. The second closing came just five weeks after its initial $32 million seed close, the startup said.