
WeWork India Is Said to Begin Marketing $407 Million IPO
The workspace provider aims to launch its IPO in August, the people said, asking not to be identified as the information is private. The IPO will comprise the sale of as many as 43.75 million shares, according to an exchange filing.
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TechCrunch
10 minutes ago
- TechCrunch
PayPal taps wallets from China and India to make cross-border payments easier for 2 billion people
PayPal announced Wednesday it has partnered with global wallet companies to create a platform called PayPal World that is designed to make cross-border commerce easier. The platform will allow users to pay others using their local wallets and payment systems. The company said the launch partners include India's NPCI International Payments Limited, which operates mobile payments framework UPI (Unified Payment Interface), China's Tenpay Global (Tencent's Payment arm), which operates Weixin (WeChat) payment ecosystem in the country, along with PayPal and Venmo. The company has also signed an memorandum of understanding with Latin America's Mercado Pago, a fintech that enables card and mobile payments, while the final details of the deals are being ironed out. With these partnerships, PayPal wants to cover more than two billion users across the world. 'PayPal World is a first-of-its-kind payments ecosystem that will bring together many of the world's largest payment systems and digital wallets on a single platform,' Alex Chriss, President and CEO of PayPal said in a statement. 'The challenge of moving money across borders is incredibly complex, and yet this platform will make it so simple for nearly two billion consumers and businesses. We believe the changes we are announcing today have the potential to be a real game changer over time.' The fintech company said that through PayPal World, PayPal and Venmo users will be able to send money to anyone in the world, even if they aren't a PayPal user. For instance, when they are traveling in China, they can use PayPal on the Wexin payment network to pay to local businesses. On the flip side, if a customer from India is buying from a site in the U.S., they can use PayPal to check out and pay through their UPI wallet. Techcrunch event Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. San Francisco | REGISTER NOW Total user base and transaction volume of these wallet systems are massive. For instance, Mercado Pago's total payment volume was $58.3 billion in the first quarter of 2025. In India, UPI transactions hit more than $238 billion just for the month of June, according to NPCI data. China's Tenpay is also working on creating a better remittance framework along with enabling cross-border peer-to-peer payments. 'We are glad that Tenpay Global, Tencent's cross-border payment platform, will support users of PayPal and Venmo in making payments by scanning Weixin Pay1 QR codes, further expanding access for global digital wallets to transact in the mainland of China. In addition to payments, Tenpay Global will deepen its collaboration with PayPal World in remittances,' Wenhui Yang, CEO of Tenpay Global, said. PayPal World is set to kick off the platform this fall with its launch partners. The company said that in 2026, Venmo users will be able to pay for shopping both online and offline for merchants that support PayPal's payments.
Yahoo
39 minutes ago
- Yahoo
TACC Limited and NCB Join Hands to Advance Sustainable High Performance Concrete Innovation with Graphene Based Additives
NEW DELHI, July 23, 2025 /PRNewswire/ -- TACC Limited is pleased to announce the signing of a Memorandum of Understanding (MoU) with National Council for Cement and Building Materials (NCB) as the next step forward in the development of sustainable, durable and high performance concrete using TACC's Graphene based additives. Graphene, a single layer of carbon atoms in a hexagonal lattice, is known for its exceptional strength, conductivity, and lightweight properties, with applications in electronics, energy storage, coatings, composites, construction materials, and textiles. With TACC's innovative graphene based additives and NCB's expertise in concrete technology, this collaboration aims to: Integrate graphene's exceptional properties into concrete to enhance strength, durability, and overall performance. Contribute to lowering carbon emissions, aligning with India's vision for net-zero emissions and climate commitments. This collaboration will drive advancements in next generation construction materials, paving the way for high-performance, sustainable infrastructure. About TACC TACC Limited, an innovation-driven venture of the LNJ Bhilwara Group, is a key player in the advanced materials sector, specializing in synthetic graphite and graphene derivatives. With a strong commitment to green technologies and sustainability, TACC continues to push the boundaries of graphene synthesis and its diverse industrial applications. About National Council for Cement and Building Materials (NCB) National Council for Cement and Building Materials (NCB) is the premier research body under the administrative control of Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Govt. of India, devoted to technology development and transfer, continuing education and industrial services, devoted to cement and construction industries. It is devoted to protect the interests of consumers of cement and concrete in the country. NCB's stakeholders are Government, Industry and Society, who perceive NCB's role as discharging national responsibility, providing adequate technology support and improving the quality of life. PR Contact:Suryansh Singh: suryansh@ View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
39 minutes ago
- Yahoo
Altizon launches Production Intelligence Centre powered by Datonis for Process Industries
PRINCETON, N.J., and PUNE, India, July 23, 2025 /PRNewswire/ -- Altizon Inc. today announced the launch of Production Intelligence Centre solution, powered by Datonis, tailored for process-intensive industries such as Steel, Cement, Chemicals, and Power. This solution delivers a unified digital view of operations by bridging data silos across OT and IT systems, enabling faster, data-driven decision-making across the organization. At the heart of the offering is a digital command center that integrates real-time signals from Sensors, PLCs, SCADA and MES, with business context from ERP systems. The result is a single pane of glass to monitor KPIs, track critical-to-quality (CTQ) parameters, digitize manual operations, and drive operational excellence. The solution includes built-in AI tools that help teams spot issues early—like abnormal equipment behavior, rising energy use, or quality deviations. These models are trained on plant data and tuned for each use case, making them practical to deploy and useful from day one. Key features include: Real-time dashboards tailored to roles like shift operators, production heads, and plant leadership Digital forms and checklists to replace paper-based records across departments AI models for anomaly detection, predictive maintenance, energy and quality drift analysis Fast deployment options with a go-live in 4 weeks. "Industrial AI requires two key phases: first, building a strong data foundation by unifying operational and business data; and second, applying AI to drive improvements. Altizon's Production Intelligence Center delivers both—creating the data bedrock for AI to be truly effective. This accelerates ROI through higher throughput, better productivity, quality, and energy efficiency. The Production Intelligence Centre solution is now available for deployment across heavy industries globally, across all major cloud platforms. About Altizon Altizon, a global industrial AI company, powers digital revolutions by helping enterprises leverage machine data to drive business decisions. Altizon's DFX applies advanced analytics and machine learning algorithms to accelerate smart manufacturing initiatives, modernize asset performance management and pioneer new business models for service delivery. Altizon has been spearheading digital factory initiatives in Industry 4.0 across a range of industry verticals, including Automotive, F&B, Industrials and Remote Industrial Assets. Altizon is headquartered in New Jersey (USA) and Pune (India). For more information, visit: View original content: