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Category : Business and economics
Published on: August 12 2025
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Indian B2B payments firm PayMate has announced its entry into Indonesia through a $400 million acquisition of DigiAsia, a leading local FinTech-as-a-Service provider. Announced in September 2024, the deal gives PayMate access to DigiAsia’s operations, which use a “B2B2X” model offering embedded finance APIs for SMEs in emerging markets. The acquisition strengthens PayMate’s footprint in Southeast Asia and sets the stage for wider expansion across the region and beyond.
ONGC will invest ₹4,600 crore in Andhra Pradesh’s KG Basin for drilling, offshore platforms, pipeline, and gas processing.
Read More....India’s defence production reached a record ₹1.51 lakh crore in FY 2024-25, up 18% from last year.
Read More....China and Hong Kong won the Asia Rugby U-20 Sevens titles, while India’s women claimed bronze in Bihar.
Read More....DPIIT signed an MoU with Zepto to support manufacturing startups under the Zepto Nova Innovation Challenge.
Read More....Indian Navy will commission stealth frigates INS Udaygiri and INS Himgiri together for the first time on 26 August 2025.
Read More....Lok Sabha passed the revised Income Tax Bill 2025, expanding officials’ powers for search operations.
Read More....Kerala’s KSFE became the first miscellaneous NBFC in India to cross ₹1 lakh crore turnover.
Read More....WHO confirmed Kenya has eliminated sleeping sickness as a public health problem.
Read More....Aadhaar Face Authentication transactions doubled from 100 crore to 200 crore in just six months.
Read More....Tata’s Nelco and France’s Eutelsat will provide OneWeb satellite internet services in India.
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