OpenAI is preparing to release updates regarding UPI payments and expand enterprise adoption in India as its engagement hits record highs. Concurrently, ride-hailing company Rapido achieved over $4 billion in annualized gross order value after securing $240 million in funding earlier this year. Leadership and operational shifts are also emerging, highlighted by Vinay Singh leaving Fireside Ventures and Pixxel Space defending its corporate ownership structure. At the same time, authorities are evaluating stronger enforcement capabilities for the national cybersecurity agency Cert-In.
Key points
OpenAI is leveraging rapid Indian adoption to introduce localized payment updates and exp…: OpenAI is leveraging rapid Indian adoption to introduce localized payment updates and expand enterprise integrations.
Indian startups like Pixxel Space are navigating national identity scrutiny while expandi…: Indian startups like Pixxel Space are navigating national identity scrutiny while expanding into critical international defense markets.
Policy considerations regarding Cert-In signal a move toward more stringent, Western-styl…: Policy considerations regarding Cert-In signal a move toward more stringent, Western-style cybersecurity enforcement in India.
Sources checked by our analysis pipeline: 1
Business News›Tech›Newsletters›Morning Dispatch›OpenAI’s India user base doubles; Rapido GOV quadruples
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OpenAI’s India user base doubles; Rapido GOV quadruples
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Happy Tuesday! India has become ChatGPT’s largest market globally, with its user base doubling. This and more in today’s ETtech Morning Dispatch.
Also in the letter:
■ Fireside Ventures' Vinay Singh exits
■ Pixxel defends Indian ownership
■ Govt mulls more powers for Cert-In
Prabhjeet Singh, managing director, OpenAI India
India has become ChatGPT’s largest market globally in terms of weekly active users, with the local user base doubling since January this year, said OpenAI India managing director Prabhjeet Singh.
User growth: “In less than a year, it’s doubling. It just gives you a sense of (how) people are beginning to find relevance and deep use cases,” Singh told ET in his first media interview since joining OpenAI in August.
Payments push: OpenAI is expected to make announcements concerning…
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