Articles by Sankalp Phartiyal and Nupur Anand

With Insurance and Gold, Amazon’s Pushing to Make India Its Fintech Center

NEW DELHI/MUMBAI — Amazon.com Inc. has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty program in a battleground growth market. The push …

Facebook’s WhatsApp to Expand Indian Partnerships to Offer Pensions, Insurance

Facebook Inc.’s WhatsApp plans to team up with more Indian lenders to expand banking services in rural areas and for lower income individuals, the messaging platform’s country head said on Wednesday. WhatsApp, which counts India as its biggest market with …

India’s New Web Rules Address Data Privacy, Commercial Liability

India outlined a new draft policy for its burgeoning e-commerce sector on Saturday, focusing on data localisation, improved privacy safeguards and measures to combat the sale of counterfeit products. The proposed overhaul, which would likely increase operating costs for the …

Google Partners with Indian Banks to Attract Users to Its Digital Payments Services

Alphabet Inc’s Google said on Tuesday it is partnering with a handful of Indian banks to bring quick loans to the masses, as it aims to woo tens of millions of new internet users in the country to its digital …

Berkshire Invests $356M in One97, Parent of India’s Biggest Digital Payments Firm

Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm, a source said, its first investment in an Indian startup as it moves into the financial payments sector. The conglomerate …