AGP Executive Report
Last update: 9 hours agoCross-Border Payments: Asia-Pacific cross-border flows are projected to nearly double to about $23.8T by 2032, but settlement “rails” are lagging—raising costs and delays for businesses that rely on international payments. AI Funding (India): Sarvam AI, backed by HCL Tech, raised $234M in its Series B first close to push agentic, coding and cybersecurity models for enterprises and government. SME Digital Manufacturing (China): RapidDirect launched an AI Creator Lab to turn product ideas into production-ready quoting, aiming to cut handoff friction for makers. Medtech Rollout (Europe): Cardiawave says CE approval has moved its Valvosoft non-invasive aortic stenosis treatment into routine use across France, the Netherlands and Germany. Fintech Expansion (Asia): OwlTing and Credible will open new cross-border payment corridors starting with China, with an India corridor planned. Energy & Industry (Portugal/India): HyOrc secured financing for a Porto waste-to-methanol module, building on projects in India. SME E-commerce (India): DigiHaat’s ONDC-based marketplace launched “Simply Papa” to drive Father’s Day gifting from Indian artisans and small businesses.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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