IT総合 Indian parliamentary panel red-flags PhonePe and Google Pay cornering 83% of India’s UPI payments
An Indian parliamentary panel has urged the government to support the growth of domestic fintech players that can provid...
Manish Singh
IT総合 IT総合 Indian central bank defends ‘proportionate’ action on Paytm
India’s central bank said Thursday it takes supervisory actions and imposes business restrictions only after ̶...
IT総合 Meesho taps micro-entrepreneurs to plug gaps in India’s supply chain network
India is one of the fastest growing economies, yet its supply chain system remains antiquated, operating much as it did ...
IT総合 Microsoft CEO Nadella on AI LLM race: ‘We are waiting for competition to arrive’
Microsoft’s prescient bets and aggressive investments in AI have propelled the software giant to become the world’...
IT総合 CRED to acquire mutual fund startup Kuvera in wealth management push
Indian fintech startup CRED has reached an agreement to buy mutual fund and stock investment platform Kuvera as part of ...
IT総合 Jio Financial says not in talks to acquire Paytm’s wallet business
Reliance Industries-spin off Jio Financial Services said Monday evening that it is not negotiating with Paytm to acquire...
IT総合 India’s Paytm is in flux
Shares of Paytm plunged 10% on Monday, the third consecutive session of declines, touching an all-time low of 438.35 Ind...
IT総合 Byju’s says investors don’t have voting right to remove founder from edtech group
After months of private scuffles, Byju’s and some of its largest investors are now taking their disputes public. B...
IT総合 Indian central bank’s clampdown wipes $2.1 billion off Paytm
Shares of Paytm fell another 20% Friday before hitting the lower circuit that temporarily halts trading as the Indian fi...
IT総合 Byju’s investors seek to remove founder following rights issue
A group of large investors in Byju’s has called for an extraordinary general meeting seeking to change the leaders...
IT総合 India’s central bank discusses more penalties on Paytm Payments Bank, including revoking license
The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two ...
IT総合 India weighs more penalties on Paytm, including revoking payments bank license
The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two ...
IT総合 Reliance-backed Viacom18 agrees to buy 60% of Disney’s India unit, report says
Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing ...
IT総合 Paytm to terminate business with Paytm Payments Bank after central bank’s clampdown
Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with ...
IT総合 India’s central bank punishes Paytm Payments Bank with new curbs
The Reserve Bank of India issued new curbs against Paytm’s Payments Bank, which processes transactions for financi...
IT総合 Accel eyes new India fashion e-commerce bet with Newme
Accel, an early investor in Indian e-commerce giants Flipkart and Myntra, is preparing a new fashion e-commerce bet in I...
IT総合 Fidelity cuts Meta-backed Meesho valuation to $3.5 billion
Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social com...
IT総合 Byju’s seeks to raise $200 million in rights issue amid cash crunch
Byju’s, the world’s most valuable edtech startup, launched a rights issue on Monday, seeking to raise $200 m...
IT総合 Flipkart co-founder Binny Bansal leaves board
Flipkart co-founder Binny Bansal has resigned from the e-commerce group’s board, the two said Saturday. Sachin Ban...
IT総合 Ola founder’s Krutrim becomes India’s first AI unicorn
Krutrim, an AI startup founded by Ola founder Bhavish Aggarwal, said it has raised a funding round that values it at $1 ...
IT総合 India’s Swiggy to cut another 400 jobs ahead of IPO later this year
Indian food delivery startup Swiggy is cutting about 400 jobs, or nearly 7% of its workforce, as the startup seeks to br...
IT総合 Meesho GMV tops $5B; app grows faster than Flipkart, Amazon India
India’s Meesho is rapidly gaining user traction, challenging entrenched leaders Flipkart and Amazon. The Bengaluru...
IT総合 Krafton plans to extend PUBG supremacy with franchise growth, graphics revamp
Krafton has more in store for its battle royale shooting game PUBG, its biggest mobile title, according to Goldman Sachs...
IT総合 Byju’s seeks new funding at less than $2 billion valuation, a 90% drop
Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new fundin...
IT総合 ‘Sign from the lord’: Sony tells Zee it’s terminating the $10 billion India merger
Sony called off the merger between its India unit and Zee Entertainment on Monday, ending a two-year acquisition deliber...
IT総合 India’s Captain Fresh in talks to raise $50 million in new funding
Captain Fresh, a business-to-business harvest-to-retail marketplace for animal protein, is engaging with investors to ra...
IT総合 India’s Captain Fresh in talks to raise $50 million in new funding
Captain Fresh, a business-to-business harvest-to-retail marketplace for animal protein, is engaging with investors to ra...
IT総合 General Catalyst eyes VC deal in India push
General Catalyst, one of the largest U.S. venture capital firms, is in talks to acquire an India-focused VC as part of e...
IT総合 India puts tech firms on notice over deepfakes inaction
India has warned tech companies that it is prepared to impose bans if they fail to take active measures against deepfake...
IT総合 Google pulls Binance, other global crypto apps from India store
Google has pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India, the latest blow to ...