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PAYTM IGNITES $6 BN TARTUP S RALLY WITH STRONG PERFORMANCE

The Business Guardian

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June 22, 2023

$6 billion surge in India’s Internet consumer market, Boosting competitors and Market values

PAYTM IGNITES $6 BN TARTUP S RALLY WITH STRONG PERFORMANCE

India’s objective to establish a market for internet firms targeting consumers has regained momentum, thanks to Paytm’s remarkable performance. As the leader in digital payments, Paytm has spearheaded a $6 billion surge among its competitors this year. One 97 Communications Ltd., the parent company of Paytm, experienced a 69% rise in its share price, resulting in a $2.7 billion boost in market value, fueled by an earlier-than-anticipated improvement in profitability. Similarly, Zomato Ltd., a food delivery platform, and PB Fintech Ltd., the operator of Policybazaar, have witnessed respective increases of 28% and 47%, contributing over $1 billion to the market value of each company.

The Business Guardian'den DAHA FAZLA HİKAYE

The Business Guardian

The Business Guardian

OUTSMART YOUR MIGRAINES BEFORE THEY STRIKE

Migraines are more than just headaches—they are a complex neurological condition that can significantly affect daily life.

time to read

3 mins

February 18, 2026

The Business Guardian

The Business Guardian

VAISHNAW PROJECTS $200 BLN AI INVESTMENT

Union Minister for Railways, Information & Broadcasting, and Electronics & IT Ashwini Vaishnaw on Tuesday assured delegates of a smooth and well-managed experience at the India AI Impact Summit Union Minister for Railways, Information & Broadcasting, and Electronics & IT Ashwini Vaishnaw on Tuesday assured delegates of a smooth and well-managed experience at the India Al Impact Summit, while apologising for difficulties some attendees encountered on the first day.

time to read

2 mins

February 18, 2026

The Business Guardian

The Business Guardian

CM NOD TO RS 800CR FOR ROAD INFRA ON WALL-TO-WALL MODEL

The Delhi government will revamp 400 km of road stretches by the end of the year, Chief Minister Rekha Gupta said on Tuesday.

time to read

2 mins

February 18, 2026

The Business Guardian

The Business Guardian

Neehar Pathare urges higher AI budgets to stay competitive

India must significantly increase its financial commitment to Artificial technology to keep pace with international competitors, says Neehar Pathare, MD, CEO & CIO at 63SATS Cybertech.

time to read

1 min

February 18, 2026

The Business Guardian

The Business Guardian

CONFLUENCE OF GOVERNMENT, START-UPS AND CREATORS AT THE INDIA AI IMPACT SUMMIT 2026

The India AI Impact Summit 2026 commenced on 16 February 2026 at Bharat Mandapam, New Delhi, marking the first international summit on Artificial Intelligence hosted in the Global South.

time to read

7 mins

February 18, 2026

The Business Guardian

The Business Guardian

Delhi Court grants bail to 12 accused persons in Turkman Gate stone pelting case

Delhi's Tis Hazari court on Tuesday granted bail to 12 accused arrested in the Turkman Gate stone pelting case.

time to read

1 mins

February 18, 2026

The Business Guardian

The Business Guardian

Student, teacher groups demand rollback of DU's order banning protest on campus

After Delhi University on Tuesday barred public meetings, processions and protests on campus for a month, several student and teachers' groups demanded that the order be withdrawn, calling it unconstitutional and antistudent.

time to read

1 min

February 18, 2026

The Business Guardian

The Business Guardian

Intellect Unveils Purple Fabric, Bringing Judgment-Centric "Enterprise AI on Tap" to India's Institutions

Intellect Design Arena Ltd., a global leader in AI-First, enterprisegrade financial technology, today announced that Purple Fabric, India's Judgment-Centric full-stack Open Business Impact AI platform, is now available as an Enterprise AI on Tap at 99,500 per month, enabling up to 50 users to deploy and scale Business Impact AI without the traditional infrastructure burden.

time to read

1 min

February 18, 2026

The Business Guardian

The Business Guardian

NPCI launches FiMI AI for payments sector

The National Payments Corporation of India (NPCI) has announced the launch of FiMI, a specialised artificial intelligence language model created specifically for the Indian payments sector.

time to read

1 mins

February 18, 2026

The Business Guardian

The Business Guardian

AI can address health inequities, but cannot replace human touch: Patel

Union Minister of State for Health and Family Welfare Anupriya Patel highlighted the transformative role of artificial intelligence (AI) in healthcare on Tuesday.

time to read

1 min

February 18, 2026

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