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Ambani fires opening salvo in Indian fintech race with JioFinance | TechCrunch

Indian conglomerate Reliance Group is making its boldest consumer-facing move yet into financial services with the launch of JioFinance, an app that aims to be a one-stop shop for UPI digital payments, loans and insurance. Jio Financial Services, part of Indian tycoon Mukesh Ambani’s $232 billion Reliance, is muscling into India’s crowded fintech market with an app that offers a range of services, from bill payments to digital banking and insurance advisory — putting the conglomerate on a collis...

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