Which of the following company won $1bn investment from Toyota, SoftBank fund?

PayPal India used Google Smart Lock and launched its OneTouch experience in India. OneTouch feature permits Indian consumers to register their android device with PayPal and stay logged into PayPal for further PayPal purchases on that device, thus removing the issue of repeated log-ins and enabling a seamless payments experience. The integration with Google Smart Lock will offer a hassle-free payment procedure as well as maintain security to prevent fraud. India becomes the first market where the feature of Google Smart Lock has been integrated.

PayU, Digital payments security and payment facilitator has acquired Wibmo, a US-based financial technology for USD 70 million to assist the company scale-up its business. Under the agreement, Wibmo will continue to serve all of its clients as a wholly-owned subsidiary of PayU. The accession integrates PayU's strong merchant network and "Wibmo" leadership for digital transaction security solutions to offer payments solutions in India for growth markets.

Mobikwik, digital financial services company collaborated with pioneer of digital insurance in India, Aegon Life Insurance to launch a Rs 20 smart digital insurance product in order to protect its wallet users from death and accident related disability cover for up to Rs 2 lakh. he main objective for this initiative is to improve the insurance penetration in India (this is currently at 3.7%) , that is to drive financial inclusion for the masses. The company has created 3 variants of the amount assured between Rs. 1 lakh, Rs.1.5 lakh and Rs. 2 lakh at no extra cost and the policy can be availed at a premium of Rs 20, Rs 30 and Rs 40 respectively depending on the protection amount and this is issued instantly. The insurance product launched is termed as the Aegon Life Group Term Plus Plan. It is available on MobiKwik App.

Tata Consultancy Services partnered with Google Cloud to build industry-specific cloud solutions. TCS' solutions on Google Cloud Platform (GCP) will help enterprises build secure, cloud-native analytics platforms that enable high levels of personalization, and are cost-effective, easy to maintain, and future ready.

Amit Jain, Uber's Asia-Pacific region (APAC) Head, announced his resignation at the end of May 2019 after four-year service to spend time with his family. Uber's head of Europe, Middle East and Africa, Pierre-Dimitri Gore-Coty will take over the additional charge of APAC. In June 2015, he had joined Uber as India head and become APAC chief in May 2018.

Bharti Airtel has launched a mobile app, "My Circle" in collaboration with FICCI Ladies Organisation (FLO) to assist women in case they face any panic situation or problem. The application will allow women to send SOS alerts to any five of their family or friends in 13 languages by pressing the SOS prompt on the app. The app has been developed by Airtel X labs and was conceptualised by an all-women cross-functional team.

In Tamil Nadu, the 37th edition of the ICT Academy Bridge 2019 conference was held in Chennai with theme "Fostering India for Industry 4.0".

Madhya Pradesh Chief Minister Kamal Nath launched his government's Rs 50,000-crore farm debt-waiver scheme named 'Jai Kisan Rin Mukti Yojana'. It is expected to benefit 55 lakh small and marginal farmers. The eligibility cut-off date has been extended to December 12, 2018, from March 31, 2018. Only those farmers who have not registered themselves to pay GST and income tax can avail benefits under this scheme.

The Union Minister Piyush Goyal announced various schemes in the Interim Union Budget 2019-20 on February 1, 2019. Government announced fixed yearly income for small and marginal farmers under Pradhanmantri Kisan Samman Nidhi Yojna. This scheme will benefit about 12 crore farmers who have 2 Hectare land. Rupee 6000 per year direct cash transfer in their account. Cash transfer will be given in three equal installments of Rs 2000 each. The benefit under this yojna will be given retrospectively from December 2018. Rs. 75000 crore allotted for this scheme. It is expected to double the farmers income.

As per the World Bank, India's GDP growth is expected to accelerate moderately to 7.5% in Fiscal Year 19-20, driven by continued investment strengthening, particularly private-improved export performance and resilient consumption. The real GDP growth is estimated at 7.2% in FY18/19, the World Bank said in its latest report on South Asia ahead of the spring meeting of the World Bank and the International Monetary Fund.