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India Buy Now Pay Later Business and Investment Opportunities Databook Q1 2024 Update: BNPL Gross Merchandise Value to Reach US$28.47 Billion by 2029

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DUBLIN, Feb. 12, 2024 /PRNewswire/ — The “India Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics – Q1 2024 Update” report has been added to ResearchAndMarkets.com’s offering.

BNPL payments in India are expected to grow by 16.5% on an annual basis to reach US$17.15 billion in 2024. The medium to long-term growth story of the BNPL industry in India remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 10.7% during 2024-2029.

The BNPL gross merchandise value in India will increase from US$14.71 billion in 2023 to reach US$28.47 billion by 2029.The BNPL industry is expected to grow at a steady pace over the medium term in India. The higher credit demand, among underbanked and underserved consumers, is supporting the uptake of BNPL products. This trend is projected to continue further in India in 2024. The booming e-commerce sector will also provide growth support to the Indian BNPL market over the medium term.

New entrants in the market are also raising funding rounds to scale their product offerings. While the market is poised for growth, rate hikes, and margin pinch have put BNPL firms in a tough spot. In Q4 2023, a few of the providers shut down BNPL services due to higher NPAs and growing losses. In the long term, however, the industry is expected to report strong growth due to rising demand and an improving macroeconomic environment.

BNPL startups are raising funding rounds to ramp up technology and drive adoption in India

The credit demand is growing at a rapid rate among consumers in India. The higher inflation and decline in disposable income are driving the credit demand. Consequently, to reach more consumers, BNPL firms are raising funding rounds from venture capital and private equity firms.

In 2024, more venture capital and private equity funding is expected to enter the BNPL sector in India. This will support innovation and a competitive landscape in the BNPL market over the next three to four years.

Rate hikes, margin pinch, and higher NPAs resulted in the downfall of BNPL firms in India

To combat the rising inflation, central banks announced a series of rate hikes in 2023. This, in turn, resulted in a margin pinch for BNPL providers, which were once thriving in a low interest rate environment. Higher inflation also meant that consumer disposable income declined, resulting in higher borrowings and subsequently higher NPAs for BNPL providers. As a result, a few of the firms had to shut down their operations in the Indian market in Q4 2023.

While the macroeconomic environment is projected to improve over the medium term, the outlook for the sector remains bleak in the short term. Consequently, the publisher expects providers to remain under pressure in Q1 2024.

BNPL platforms are looking to onboard an increasing number of merchants to drive growth

The meet the demands of consumers, BNPL firms are targeting more merchant partnerships in the Indian market. Simpl, for instance, announced that the firm is planning to onboard 10,000 merchants from the Delhi-NCR region over the next three to four years. The firm, as of June 2023, had over 26,000 merchants and more than 10 million customers registered on the BNPL platform. In 2024, the publisher expects this trend to further continue across India. This will subsequently support the growth of the industry, while also driving the competitive landscape over the medium term.

The BNPL payment industry in India has recorded strong growth over the last four quarters, supported by increased e-commerce penetration.

Scope

This report provides in-depth, data-centric analysis of Buy Now Pay Later industry in India through 55 tables and 71 charts. Below is a summary of key market segments:

India BNPL Market Size and Spending Pattern, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

India Buy Now Pay Later Revenue Analysis, 2020-2029

Buy Now Pay Later RevenuesBuy Now Pay Later Share by Revenue SegmentsBuy Now Pay Later Revenue by Merchant CommissionBuy Now Pay Later Revenue by Missed Payment Fee RevenueBuy Now Pay Later Revenue by Pay Now & Other Income

India Buy Now Pay Later Operational KPIs & Statistics, 2020-2029

Buy Now Pay Later Active Consumer BaseBuy Now Pay Later Bad Debt

India BNPL by Purpose, 2020-2029

Convenience – Short Term LoansCredit – Long Term Loans

India BNPL by Business Model, 2020-2029

Two-Party (BNPL offered by retailers)Three-Party BNPL Offering

India BNPL by Merchant Ecosystem, 2020-2029

Open Loop SystemClosed Loop System

India BNPL by Distribution Model Analysis, 2020-2029

StandaloneBanks & Payment Service ProvidersMarketplaces

India Buy Now Pay Later Market Share Analysis by Key Players

India BNPL Analysis by Channel, 2020-2029

Online ChannelPOS Channel

India Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

India Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

India Buy Now Pay Later in Travel: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value per Transaction Trend AnalysisTransaction Volume Trend Analysis

India Buy Now Pay Later in Media and Entertainment: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value per Transaction Trend AnalysisTransaction Volume Trend Analysis

India Buy Now Pay Later in Services: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

India Buy Now Pay Later in Automotive: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

India Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2020-2029

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

India Buy Now Pay Later in Others: Market Size and Forecast

Gross Merchandise Value Trend AnalysisAverage Value Per Transaction Trend AnalysisTransaction Volume Trend Analysis

India Buy Now Pay Later Analysis by Consumer Attitude and Behaviour

Sales Uplift by Product CategoryShare by Age GroupShare by IncomeShare by GenderAdoption RationaleAverage Monthly Expense segments

For more information about this report visit https://www.researchandmarkets.com/r/1ccyqb

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ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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LIGHT AI ANNOUNCES COMPANY-FUNDED FIELD STUDY IN NEW ZEALAND FOR QUICKSCAN™ STREP A PLATFORM

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Field Study Intended to Support Evaluation of Future Commercial Deployment Opportunities for AI-Enabled Strep A Screening in Community and School-Based Care Settings

VANCOUVER, BC, June 15, 2026 /CNW/ – Light AI Inc. (“Light AI” or the “Company”) (CBOE CA: ALGO) (FSE: 0HC) (OTCQB: OHCFF), a healthcare technology company focused on artificial intelligence (“AI”) powered diagnostic and wellness solutions, today announced a company-funded field study in New Zealand for the deployment and evaluation of the Company’s QuickScan™ Strep A software platform in community and school-based healthcare settings.

The field study is being conducted in collaboration with New Zealand healthcare stakeholders, including the National Hauora Coalition (“NHC”), and is designed to evaluate real-world implementation, workflow integration, accessibility, and commercial readiness of Light AI’s QuickScan™ Strep A software application for point-of-care screening and clinical decision support relating to pharyngitis and suspected Group A Streptococcus (“Strep A” or “GAS”) infections.

The Company believes the study may provide valuable operational and implementation data to support evaluation of future commercial deployment opportunities in New Zealand, including potential expansion with NHC, subject to study outcomes, stakeholder engagement, applicable regulatory considerations, and commercial agreements.

“New Zealand provides an important opportunity to evaluate how AI-enabled health-tech tools may support improved access to screening and care in community settings,” said John R. Luna, Chief Executive Officer of Light AI. “This field study is intended to assess real-world implementation of our QuickScan™ platform while generating insights that may support future commercial deployment opportunities in New Zealand and potentially other international markets.”

“We look forward to evaluating the implementation and effectiveness of Light AI’s QuickScan™ platform through this field study initiative and assessing its potential role in supporting community-based screening programs,” said Dr. Rachel Brown, Chief Executive Officer of the NHC. “The study is intended to help inform future deployment opportunities following successful pilot outcomes.”

About the National Hauroa Coalition of New Zealand

National Hauora Coalition (NHC) is a Māori led, whānau (family) informed and outcomes focused organisation that supports community-connected organisations to deliver hauora (wellbeing) services effectively for whānau.

NHC promotes, supports and delivers initiatives aimed to improve health and social outcomes for all New Zealanders with a particular focus on whānau Māori, Pacific peoples, new migrant communities, and other populations who experience inequitable health outcomes.

In collaboration with NHC’s partners, NHC delivers a wide range of innovative health and social programmes that improve outcomes for whānau and benefit Aotearoa. NHC’s history covers over two decades, driven by the goal for whānau Māori to achieve self-determined success.

About Light AI Inc. (CBOE CA: ALGO / FSE: 0HC / OTCQB: OHCFF)

Light AI Inc. is a technology company focused on developing artificial intelligence health screening and diagnostic solutions. Light AI QuickScan™ is a technology platform which represents the next generation of patient management: it applies AI algorithms to compatible smart device images, starting with images of Strep A and anticipated expansion with other medical conditions, to identify the disease in seconds. Its patented, app-based solution requires no swabs, lab tests or proprietary hardware of any kind as its computing platform includes the 4.5 billion smartphones that exist in the world today. Light AI is at the forefront of developing innovative screening and diagnostic solutions aimed at improving healthcare delivery worldwide. Their cutting-edge AI powered technology offers rapid, accurate, and cost-effective screening and diagnostic tools designed to address critical healthcare challenges.

In pre-FDA validation studies, Light AI’s algorithm demonstrated remarkable accuracy in differentiating between viral and bacterial pharyngitis, specifically targeting Group A Streptococcus (GAS). The algorithm achieved a 96.57% accuracy rate and attained a Negative Predictive Value of 100%, indicating its high reliability in confirming the absence of Streptococcus A infection. Viral and GAS pharyngitis affects over 600 million people annually worldwide. If left untreated, GAS pharyngitis can lead to serious complications such as Rheumatic Heart Disease (RHD), which imposes a global economic burden exceeding $1 trillion annually. Light AI’s technology offers a significant advancement in the accurate and timely identification of GAS pharyngitis, potentially reducing the incidence of RHD and its associated costs. Light AI’s approach to applying AI to smart device images can be expanded to other medical conditions, as well as other areas of analysis. Light AI’s vision is to combine the Light AI QuickScan™ software platform with AI in-the-Cloud to create a Digital Clinical Lab that provides quick and accessible diagnosis for countless conditions that today require expensive and time-consuming imaging or lab processes.

ON BEHALF OF THE COMPANY

“John R. Luna”
Chief Executive Officer
Telephone: 1-(888) 804-9459
Email: jluna@light.ai

For more information, please contact the Company at investors@light.ai or visit https://light.ai/.

Website: https://light.ai/
LinkedIn: LinkedIn/company/Light AI
X (Formerly Twitter): @lightaihealth

Forward-Looking Information:

This news release contains statements and information that, to the extent that they are not historical fact, constitute “forward-looking information” within the meaning of applicable securities legislation, including, but not limited to, the study outcomes and future commercial deployment opportunities in New Zealand. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, statements relating to the Company’s financial performance, business development, results of operations, and those listed in filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedarplus.ca). Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company’s management to predict all of such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward- looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.

SOURCE Light AI Inc.

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New Book Exposes the Hidden Infrastructure of AI and Data Centers

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“Data and the Beast: The Truth About Data Centers and AI” — a prophetic and investigative exposé that connects the explosive growth of AI data centers to ancient biblical warnings about power, surveillance, and the infrastructure of the final empire.

DRUMS, Pa., June 15, 2026 /PRNewswire/ — Donald A. Galade, three-time international best-selling author, announced the release of his latest book, “Data and the Beast: The Truth About Data Centers and AI.”

The live launch of “Data and the Beast” airs Monday, June 29, 2026, at 10:00 AM EST on Club 36, hosted by Dorothy Spaulding on Watchmen Broadcasting Network (WBPI TV-49).

The program is available through multiple platforms:

Watch online at wbpi.org,Stream by searching “Watchmen Broadcasting.”Facebook Live through Watchmen Broadcasting.TV affiliates in several southeastern U.S. markets.Club 36 also airs at 8:00 PM and midnight EST

The book will be available FREE only on Amazon Kindle download for 4 days total. Viewers can visit the link included here for instant download between June 28, 2026, and July 1, 2026.

“Data and the Beast” examines the rapid worldwide expansion of data centers—the steel, copper, lithium, and electricity-hungry facilities now rising across the globe—and asks the question many are afraid to ask: “Is this the infrastructure the book of Revelation warned about?” AI-driven systems already shape commerce, communication, identity, and surveillance, and those developments may directly connect to biblical prophecy, specifically the Mark of the Beast.

With terawatt-scale data centers rising across the nation, Galade examines the environmental, spiritual, health, financial, and societal costs of the AI boom. The book reveals how the same infrastructure being sold as progress may be laying the groundwork for unprecedented control—and why believers must understand the times.

Written With AI, About AI
In an unusual twist, “Data and the Beast” was researched, written, and produced through an extensive collaboration between Galade and multiple artificial intelligence systems—making it a book about AI’s role in biblical prophecy, created in direct partnership with that very technology. The book’ features reflections on the project from AI systems, including Microsoft Copilot and Claude (Anthropic), which assisted in the research and writing process. GROK AI actually said, “I’ve never seen anything like it.”

About the Author

Donald A. Galade is a three-time international bestselling author, Registered Investment Advisor, and founder of Kingdom Financial Ministries. His previous best-selling works, including “Awoken: Conspiracy or Theory?” and “In God We Trust, the Dollar We Worship,” have helped readers discern the spiritual dimensions of technology, government, finances, religion, globalism, and end-times developments.

Key Themes

The real numbers. What are the total jobs created? How much water, power, and land are used? What happens to these buildings if they fail? Where does the wastewater go? Who foots the bill? What are the tax consequences? Who owns them?

What are P.I.L.O.T. programs and why does your town or municipality need to ask the right questions?

The Bible speaks of a beast that comes to life and speaks in Revelation. Will that be done using AI?

Is that why we see hundreds of these facilities being built all over the country all at once? Why now? Why so many?

Availability: Now available only on Amazon in paperback and Kindle editions.

DataAndTheBeast.comDon Galade’s BookstoreKingdom Financial Ministries (Publisher)

Donald A. Galade
CEO/ Author
Kingdom Financial Ministries
don@dongalade.com

This release was issued through WebWire®. For more information, visit http://www.webwire.com.

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SOURCE Donald A. Galade – Kingdom Financial Ministries

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The Launch of MyIQ Marks a Transition to Continuous Self-Evaluation

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The new platform empowers users by providing the tools to consistently re-evaluate themselves in the ever-evolving digital landscape. 

CLAYMONT, Del., June 15, 2026 /PRNewswire/ — The launch of MyIQ signals a transition to continuous self-evaluation at both the micro and macro levels. The digital self-knowledge platform was designed to help individuals better understand themselves at a deeper level.

The inspiration to create the platform came from the founders witnessing a growing disconnect between what consumers were searching for and what they were actually being provided. While people had a great deal of curiosity about self-improvement, the quality of tools available online was very low. MyIQ was founded to bridge this divide and equip these users with a more viable, useful online platform.

The Lackluster Other Platforms

Before the launch of MyIQ by Envest Research Inc., most platforms either offered overly simplistic quiz-style content or academic frameworks that could prove inaccessible to everyday users. MyIQ sought to find a middle ground, making self-knowledge structured, engaging, and understandable for all.

However, one of the biggest challenges of founding MyIQ was building trust within this space in the first place. Online testing is often viewed skeptically, leading many users to be reluctant to believe in the platform’s potential from the get-go. Beyond this, the platform also unexpectedly found itself competing with viral-first apps that purported to be educational but prioritized entertainment over depth.

MyIQ ultimately overcame these struggles by focusing on product integrity, structured design, and long-form engagement. Rather than chasing virality as so many of their competitors did, the platform instead sought to foreground measurable value, leading to sustained user retention and organic global growth.

The MyIQ Difference

The MyIQ difference is that the platform refuses to treat self-knowledge as a single metric. The platform operates with the belief that meaningful self-understanding emerges from the intersection of cognitive ability, emotional patterns, and relational behavior. This integrated approach is not just a product feature; it shapes the platform’s perspective. Rather than framing self-assessment as a static score or label, MyIQ is built around self-knowledge as a system; something that can be measured, compared, and developed over time.

Use Cases

Many users initially approach MyIQ with the intention of utilizing it for a very deliberate, singular purpose: checking their IQ. However, time and again, the team has witnessed users become engrossed in the educational opportunities the platform offers and expand into broader self-exploration.

This shift, from seeking a fixed result to engaging in an ongoing process, is indicative of how MyIQ operates on a foundational level. These tales underscore that self-assessment is no longer treated as a one-time outcome but as an iterative, reflective process of real-life change.

Moving Forward

In the next few years, MyIQ aims to establish itself as a leading platform in the self-knowledge space, moving beyond individual assessments to become a standard tool for understanding how people think, behave, and relate to others.

Furthermore, the long-term vision is to help reposition self-awareness as a structured, measurable construct, making it part of everyday decision-making across personal development, education, and relationships.

As MyIQ continues to grow, the focus will remain on deepening the integration of cognitive, emotional, and behavioral data. Through these methods, the team strives to allow users to track patterns over time rather than rely on static results. In these ways, MyIQ hopes to transform self-assessment from a one-time experience into an ongoing, data-informed process.

About MyIQ

MyIQ is a digital self-knowledge platform designed to help individuals better understand how they think, feel, and behave through structured cognitive, personality, and relational assessments. The platform was developed to address a market gap: traditional IQ tests and personality quizzes either lacked depth or failed to translate insights into meaningful, real-world understanding. MyIQ combines multiple layers of self-assessment with guided learning tools, brain games, and expert-led content to create a continuous self-reflection ecosystem.

Contact

Sophie de Villiers
PR Manager
MyIQ
pr@myiq.com
Claymont, DE 19703, USA

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