india

Fintech CRED secures in-principle approval for payment aggregator license

Fintech /

CRED has received the in-principle approval for a payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster. The Bengaluru-headquartered startup, valued at $6.4 billion, received the in-principle approval from the Reserve Bank of India (RBI) for […]

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India’s VerSe acquires Apple News+ rival Magzter

Media & Entertainment /

VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand platform Magzter, the two companies said on Thursday. VerSe, based in Bengaluru, didn’t disclose the financial terms of the deal. Magzter, which is headquartered in New York, counted Singapore Press Holdings among its backers. The acquisition of Magzter,

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Indian government’s cloud spilled citizens’ personal data online for years

Privacy /

The Indian government has finally resolved a years-long cybersecurity issue that exposed reams of sensitive data about its citizens. A security researcher exclusively told TechCrunch he found at least hundreds of documents containing citizens’ personal information — including Aadhaar numbers, COVID-19 vaccination data, and passport details — spilling online for anyone to access. At fault

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