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...
Manish Singh
IT総合 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...
IT総合 Tribe Capital eyes leading $75M-plus funding in India’s Shiprocket
Tribe Capital is in talks to lead a $75 million to $100 million funding into the logistics aggregator Shiprocket, accord...
IT総合 Amazon loses second AWS India and South Asia top exec in less than a year
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a s...
IT総合 India’s top VCs face fresh obstacles as startup investment plummets
High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early...
IT総合 India’s Paytm curbing low-value personal loans spells bad news for the industry
Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans ...
IT総合 Twitch to shut down in Korea over ‘prohibitively expensive’ network fees
Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of th...
IT総合 Twitch to shut down in Korea over ‘prohibitively expensive’ network fees
Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of th...
IT総合 Avenir seeks to raise $800M for new fund
Avenir Growth Partners is seeking to raise $800 million for its fifth fund, it disclosed in a securities filing, two yea...
IT総合 Avenir seeks to raise $800M for new fund
Avenir Growth Partners is seeking to raise $800 million for its fifth fund, it disclosed in a securities filing, two yea...
IT総合 Goldman Sachs-backed ZestMoney, once valued at $450M, to shut down
ZestMoney, a buy now pay later startup whose ability to underwrite small ticket loans to first-time internet customers a...
IT総合 Doubtnut, once offered a $150M deal by Byju’s, sells for $10M
Allen Career Institute has acquired Doubtnut in a deal that values the young edtech at $10 million, according to a perso...
IT総合 Spotify cuts 17% jobs amid rising capital costs
Spotify is eliminating about 17% jobs, its third round of layoffs this year, as the music streaming looks to become R...
IT総合 Smartphone sales to rebound on AI gains, Morgan Stanley says
Smartphone sales will mount a comeback starting in 2024, defying growing warnings of a prolonged slump across the mobile...