PhonePe, a leading digital payments and financial services platform in India, is gearing up for a public debut. Owned by Walmart and headquartered in Bangalore, the company has filed confidential draft papers with India’s market regulator, SEBI, to raise $1.35 billion through a pure offer for sale (OFS). This method,...
India Expands Fast Track Entry at 13 Airports
India has broadened its Fast Track Immigration – Trusted Traveler Program (FTI-TTP) to include 13 major international airports, aiming to streamline the immigration process for both arriving and departing travelers. Originally launched in 2024, the program was first implemented at key metro hubs. FTI-TTP is designed to reduce wait times...
Apple Expands Retail Footprint in India
Apple is significantly expanding its retail presence across India with four new stores planned in key metropolitan areas. The Noida and Pune locations have already been confirmed, while Bangalore and Mumbai stores are in development. These new locations will complement Apple's existing stores and will strengthen the company's footprint in...
India’s Bizongo Secures Funding from LA investor, others
Bizongo, an AI-powered B2B e-commerce platform, announced the appointment of Prahlad Krishnamurthi as its new Chief Executive Officer, effective immediately. Krishnamurthi replaces company founder Sachin Agrawal, who will remain on the board while the new CEO takes over operational leadership. The Bangalore-headquartered company has simultaneously secured $4.5 million in additional...
GE Healthcare Plans to Expand R&D, Manufacturing in India
Peter Arduini, CEO of GE HealthCare (GEHC), shared his strategic vision for the company's operations in India during a interview with Forbes India. His plan centers on transforming India into a crucial hub for GEHC's global operations through enhanced manufacturing capabilities and strategic partnerships. Arduini emphasized GEHC's shift from importing...
Major India Air Show to Feature U.S. Airplanes
Aero India 2025 is a major aerospace exhibition, scheduled to take place from February 10-14, 2025, at the Air Force Station Yelahanka in Bangalore, Karnataka. This biennial event serves as a comprehensive showcase for both military and civilian aircraft, while also highlighting innovations in aerospace and defense technology. The five-day...