PhonePe crosses 600 Million registered users

PhonePe's consistent enhancement of its product and service offerings, combined with growing customer preference for the platform, has contributed to reaching this milestone.

PhonePe’s consistent enhancement of its product and service offerings, combined with growing customer preference for the platform, has contributed to reaching this milestone.

Trump confirms multiple bidders for TikTok as sale deadline looms

Neither TikTok nor ByteDance has commented on the situation outside regular business hours.

TikTok’s future has been uncertain since a law requiring its parent company, ByteDance, to sell the platform on national security grounds, or face a ban, came into effect on January 19.

Short-video platforms’ adex to surge by 30%; advertisers split over homegrown apps’ effectiveness

India’s short video platforms generated around $100 million in FY24, contributing ~2% to the digital ad spend.

Homegrown short-video platforms are seeing renewed advertiser interest despite ongoing concerns over monetization, content moderation, and algorithmic shortcomings. While YouTube Shorts and Instagram Reels dominate the market, homegrown platforms are banking on hyper-local content to carve out a niche.

IndiaAI mission marks milestone with launch of AIKosha, compute portal, and key initiatives

Among the key initiatives launched were AIKosha: IndiaAI Datasets Platform, the AI Compute Portal, the AI Competency Framework for Public Sector Officials, iGOT-AI Mission Karmayogi, the IndiaAI Startups Global Acceleration Program with Station F, the IndiaAI Application Development Initiative, and IndiaAI FutureSkills.

Union Minister Ashwini Vaishnaw unveils transformative AI infrastructure to propel India’s AI leadership.