Google has broken ground on a gigawatt-scale AI hub in Visakhapatnam, partnering with AdaniConneX and Nxtra by Airtel as part of a $15 billion investment. The facility aims to link subsea cables, fibre connectivity, and renewable energy while enabling local procurement. Meanwhile, Rebalance is expanding access for women founders through mentorship, investor introductions, and no-fee no-equity support.
Sahamati has raised Rs 50 crore from more than 30 financial institutions to scale India’s Account Aggregator ecosystem. The non-profit industry alliance says the coordinated funding will deepen ecosystem participation, strengthen technical and policy frameworks, and build institutional capacity. Backers include major banks and investors, while participating account aggregators like OneMoney and Finvu plan to accelerate consent-based financial data sharing.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
India has outlined a two phase Digital Public Infrastructure roadmap aimed at reaching a 30 trillion economy by 2047. DPI 2.0 runs from 2025 to 2035 to build capable citizens, while DPI 3.0 spans 2035 to 2047 to spur prosperity through innovation. The plan targets MSMEs, farmers, education, and health, pushing local economic growth.
Accion President Michael Schlein says India has become “overweight” in its global fintech portfolio, as innovations from the India Stack increasingly spread to Africa and Latin America. He points to growing international interest from about a hundred countries seeking to replicate India’s digital public infrastructure, signaling a shift from India exporting models to scaling them worldwide.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
