Any Bitcoin initiatives in the pipelines for India?
Yes!
I'm currently developing an app and its almost coming to a finish. Maybe max a week or so! Hopefully it will get a great deal of attention. Also have more ideas in the pipeline. Using https://bips.me as its the only processor which allows withdrawal to Indian banks (SWIFT). For those who want to use BIPS along-with nodejs here is an unofficial module: https://github.com/shripadk/bips. I think the only thing preventing India from entering the startup ecosystem with full-force was payment processing. Bitcoin really demolishes that barrier for entry. I bet there will be quite a lot of startups from India as Bitcoin becomes more popular.I do believe that BIPS also pays to PayPal accounts in India.
