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Paytm To Invest Rs. 5000 Crores In Its Payments And Financial Services Business

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The digital payment behemoth Paytm, is all set to make investments worth Rs. 5000 crores later this year. Alongside, the company is looking forward to doubling quarterly transactions from 1 billion per quarter to 2 billion per quarter by end of the year. With the rise of the digital payment platform, Paytm also intends to introduce new products and services. The Founder and CEO, Vijay Shekhar Sharma, said while there was an initial impact of a 10 to 15 per cent fall in transactions due to the Know Your Customer (KYC,) requirement in early March, the company recovered the numbers in March and grew again in April. The company also upgraded its Paytm services and fixed the money transfer issues that users were facing. However, the number of user transactions on Paytm every year increased from 18 in Jan 2017 to 34 in Jan 2018.

According to the company, creating new types of loans, newer types of insurance and a newest way of doing wealth management, will take time since it is a regulated environment where licences will be the key. Paytm have also partnered with ICICI Bank to launch postpaid services also. As of now, there are 100 million KYC wallets striving to bring more Indians under the services of financial and digital inclusion.

Vijay Shekhar Sharma also said the Reserve Bank of India’s KYC requirements impacted wallet to wallet P2P transactions for the company in March but in April the company sprung up again with Unified Payments Interface (UPI) also helping the cause. He added “One of the lucky things for us is that we started our KYC operations one year ago. We were building our model with financial services in mind much before the KYC obligation came on. It becomes onerous on an entity which is just in the payments business. Now the wallets are being issued by Paytm Payments Bank.”

The latest entrants into the digital payment path, from Google Tez to Instagram Payment everyone is trying to reach out to consumers to make payments more convenient. With digital payments all set to revolutionize in India, people are making the best use of e wallets.

 

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CoRover Unveils BharatGPT Mini: India’s First Offline Multilingual AI

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CoRover has launched BharatGPT Mini, India’s first offline multilingual AI model, at VivaTech 2025 in Paris, with the event officiated by Union Minister Jitin Prasada. This innovative Small Language Model (SLM), featuring around 534 million parameters, is specifically designed for edge devices and low-compute environments, enabling robust AI capabilities without the need for cloud connectivity. Its ability to function entirely offline and support 14 Indic languages makes it a powerful tool for digital inclusion, particularly in rural and remote regions where internet access is limited.

BharatGPT Mini’s architecture is optimized for deployment across various sectors, including healthcare, education, banking, and governance, allowing citizens to interact with essential services in their native languages. The model can be integrated into small businesses, government offices, and other organizations through the CoRover Builder platform, which offers a no-code solution for deploying AI assistants across web, telephony, and IoT systems. By processing data locally and encrypting it on-device, BharatGPT Mini ensures strong privacy and data sovereignty, aligning with India’s strategic goal of developing indigenous AI solutions. 

The launch has garnered strong support from both the Indian government and industry leaders, who see BharatGPT Mini as a catalyst for democratizing access to digital services. CoRover anticipates significant growth in the adoption of Small Language Models, with early feedback indicating a substantial increase in project demand. As CoRover looks to expand its expertise globally, BharatGPT Mini stands out as a scalable, multilingual, and privacy-centric solution, setting a new standard for inclusive and sovereign AI innovation in India’s diverse landscape.

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Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

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Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

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New Instagram Features Let Users Customize Profiles and Share Quietly

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Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

 

These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.

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