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India’s payments authority NPCI and fintech firm Razorpay are collaborating with OpenAl. They are piloting Al-driven payments on ChatGPT. This initiative will allow users to make purchases using India’s Unified Payments Interface. The pilot aims to explore expanding UPI for Al agents to complete transactions securely. Banking partners include Axis Bank and Airtel Payments Bank. Bigbasket is an early participant.
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Read insights on how the new Online Gaming Bill, 2025 is shaping the future for E-games and how Innovation is taking over. Read also special insights on what all the Online Gaming Bill, 2025 entails.
The company plans to deploy the funds towards opening new dark stores in Bengaluru, rolling out formats like cafes and daily subscriptions, expanding into new categories, hiring talent, and investing in brand building.
The collaboration aims to establish a task force to shape policies, improve infrastructure, and raise awareness. This initiative supports India’s goal of achieving $200-300 billion in e-commerce exports by 2030.
Dutch tech investor Prosus aims to grow its ecommerce revenue to $7.3–$7.5 billion and adjusted EBITDA to $1.1–$1.2 billion in FY2026. In FY2025, it reported $6.2 billion revenue and $655 million in adjusted EBITDA.
Government steps in to protect digital consumers, ordering annual audits and stricter checks on manipulative e-commerce design practices.
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Many cross-border e-commerce industry practitioners in China have slammed the US’ flip-flop on tariff policies…