Indian state government fixes website bug that revealed Aadhaar numbers and fingerprints

A security researcher says a bug on an Indian state government website inadvertently revealed documents containing residents’ Aadhaar numbers, identity cards, and copies of their fingerprints. The bug was fixed…

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Mastercard CFO says India’s UPI ‘incredibly painful experience’ for ecosystem participants

Mastercard CFO says ecosystem participants of India's UPI, which processes over 10 billion transactions a month, 'end up losing money' India’s UPI is “fantastic at many levels” but remains an…

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World Bank’s IFC backs Indian insurtech startup Onsurity in $24M funding

Onsurity, an Indian startup that offers monthly subscription-based insurance solutions to micro, small and medium enterprises, startups and growing businesses, has raised $24 million in a funding round led by…

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Tech group calls India’s proposed guidelines against dark patterns ‘regulatory overlap’

An industry group representing several major U.S. tech companies has opposed the Indian government’s proposal against dark patterns, which are used to deceive online users, and said the move would…

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Abu Dhabi sovereign-wealth fund invests nearly $600M in Reliance Retail at $100B valuation

Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR and Qatar Investment Authority…

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Netflix’s 6.5M India subscribers dwarfed by Prime Video and Disney, Bernstein says

Netflix has “not succeeded” in scaling up its business in India despite the global streaming giant consistently lowering the subscription costs in the country, analysts at AllianceBernstein wrote in a…

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