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...
Manish Singh
IT総合 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 ...
IT総合 BlackRock cuts Byju’s valuation by 95% to $1 billion
BlackRock has yet again cut the value of its holding in Byju’s, slashing the implied valuation of the Indian start...
IT総合 Is India done with crypto?
It wasn’t long ago when Indian venture capitalists were scrambling to establish their crypto credentials. Ethereum...
IT総合 Crypto apps Binance, Kraken, KuCoin disappear from Apple’s App Store in India
Apps of as many as eight crypto exchanges including Binance, Kraken, Mexc and Kucoin have disappeared from Apple’s...
IT総合 BofA gives Ambani’s Jio Platforms a $100 billion-plus valuation
Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani’s Jio Platforms, valuing the Indian telec...
IT総合 SentinelOne acquires Peak XV-backed PingSafe for over $100 million
SentinelOne’s deal to acquire PingSafe valued the Peak XV-backed young startup at over $100 million, two sources f...
IT総合 Peak XV-backed MobiKwik seeks to raise $84 million in India IPO
Indian financial services startup MobiKwik seeks to raise about $84.2 million through issue of new shares in an initial ...
IT総合 India widens regulatory grip over tech firms
In 2023, India introduced a series of regulations and tweaked policies that borrowed from Europe’s antitrust appro...
IT総合 India government agency seeks to block Binance and Kraken
Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine gl...
IT総合 SoftBank-backed FirstCry seeks to raise nearly $220 million in India IPO
E-commerce startup FirstCry is seeking to raise $218 million through issue of fresh shares in its initial public offerin...
IT総合 India pressed Apple on state-sponsored warnings, report says
Apple’s warnings in late October that Indian journalists and opposition figures may have been targeted by state-sp...
IT総合 Nonprofit Code.org sues Byju’s unit WhiteHat Jr over payment dues
Code.org, the US educational non-profit, has filed a lawsuit in a California district court alleging that Byju’s subsidi...
IT総合 India’s Ola Electric files for $662 million IPO
India’s Ola Electric seeks to raise $661.8 million in an initial public offering, the Bengaluru-headquartered star...
IT総合 Worldcoin is no longer offering Orb-verification in India, Brazil and France
Worldcoin is no longer offering its Orb-verification service in India, Brazil and France, just months after the crypto s...
IT総合 Elon Musk’s X is down for users globally in its latest outage
Elon Musk’s social media platform X, formerly known as Twitter, is suffering an outage globally that is preventing...
IT総合 ShareChat faces large valuation cut in new funding
ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s ...
IT総合 WazirX volumes fall off a cliff amid India’s crypto scrutiny
The trading volume at top Indian crypto exchange WazirX fell to $1 billion in 2023 as the platform faced intensifying re...
IT総合 India’s Udaan scores $340 million in new funding
The investment arm of the UK retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e...
IT総合 Omidyar Network to pull out of India market
Omidyar Network, backed by eBay founder Pierre Omidyar, plans to shut down its India operations, two sources familiar wi...