IT総合 Tata to start manufacturing iPhones in India
Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev ...
Manish Singh
IT総合 IT総合 India’s Reliance readies credit card debut
India’s fast-growing co-branded credit card market may soon see a new entrant: the country’s most valuable f...
IT総合 Temasek and SBI pour $384 million into India’s Ola Electric
Ola Electric said on Thursday that it has raised $384.43 million in a funding round, which included considerable amount ...
IT総合 Tech companies seek 12-18 month extension for India data-protection law compliance
The Asia Internet Coalition, a powerful industry group that represents Apple, Google, Meta, Microsoft and many other tec...
IT総合 Byju’s CFO quits in seven months
Ajay Goel, who joined Byju’s as CFO in April this year, has already quit the edtech giant, the two said Tuesday. G...
IT総合 Byju’s CFO quits in six months amid delayed accounts
Byju’s CFO Ajay Goel, who joined the edtech giant in April this year, has already resigned, the two said Tuesday, ...
IT総合 Reliance nears deal to acquire Disney’s India business, report says
Reliance is nearing a deal to acquire Disney’s India business, according to a report, as Mukesh Ambani’s oil...
IT総合 Peak XV’s latest Surge batch is 77% AI and deeptech startups
AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the lar...
IT総合 Poshmark to shut down India, Australia and UK businesses
Poshmark is shutting down its international businesses – operations in India, Australia and the UK – as the social shopp...
IT総合 Google to manufacture Pixel smartphones in India
Google will start assembling the Pixel smartphone lineup in India, a company executive said, becoming the latest tech gi...
IT総合 Google makes big consumer and merchant lending push in India
Google has partnered with banks and other lenders in India to offer loans to individuals and merchants on the Google Pay...
IT総合 Peak XV invests $35 million in wealth and asset management startup Neo
Peak XV Partners has invested $35 million in Neo, a fintech startup founded by industry veterans that is increasingly ch...
IT総合 Invesco raises Swiggy’s valuation to nearly $8 billion
Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBan...
IT総合 Ambani’s Jio Financial launches lending and insurance businesses
Jio Financial Services, the Indian conglomerate Reliance Industries-backed financial services firm, has started its lend...
IT総合 India-Pakistan cricket match helps Disney’s Hotstar set global streaming record
In India, few events garner as much attention as a cricket game. A high-profile match between neighbors India and Pakist...
IT総合 CRED in talks to acquire mutual fund startup Kuvera
CRED is in talks to acquire Kuvera, a startup that operates an online wealth management platform, a source familiar with...
IT総合 Mastercard CFO says India’s UPI ‘incredibly painful experience’ for ecosystem participants
India’s UPI is “fantastic at many levels” but remains an “incredibly painful experience” f...
IT総合 India’s InsuranceDekho raises another $60 million
InsuranceDekho, the insurer that was incubated within the automobile marketplace group CarDekho, has raised $60 million ...
IT総合 Indian banks attract VC and startup interest
Several Indian startups, along with venture capital funds and private equity investors, are scrambling to build investme...
IT総合 Prosus-backed fast-fashion startup Virgio, valued at $161 million, to shut down
Fast-fashion startup Virgio, founded by former Myntra chief, is shutting down its operations less than a year after rais...
IT総合 Abu Dhabi sovereign-wealth fund invests nearly $600M in Reliance Retail at $100B valuation
Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at ...
IT総合 Premji Invest and Zerodha eye stake in Nainital Bank
A number of venture investors and startups are engaging with Bank of Baroda to acquire a stake in the lender’s sub...
IT総合 Netflix’s 6.5M India subscribers dwarfed by Prime Video and Disney, Bernstein says
Netflix has “not succeeded” in scaling up its business in India despite the global streaming giant consisten...
IT総合 Indian fintech CRED’s earnings surge 3.5x to $168 million
CRED grew its operating revenue by a staggering 255% to $168.1 million in the financial year ending March as the fintech...
IT総合 Indian fintech unicorn Slice secures rare approval to merge with bank
Indian unicorn fintech Slice is merging with North East Small Finance Bank, they said Wednesday after receiving the appr...
IT総合 Sam Altman backs teens’ AI startup automating browser-native workflows
Sam Altman, Peak XV, and Daniel Gross and Nat Friedman’s AI grant are among backers of an AI startup, founded by t...
IT総合 WestBridge seeks to buy stake in India’s Meesho
WestBridge Capital is in advanced stages of talks to purchase shares of Meesho in the secondary market, according to two...
IT総合 Indian music label giant Saregama acquires Pocket Aces
Saregama has acquired a 51.82% stake in the digital entertainment startup Pocket Aces as the oldest Indian music label m...
IT総合 Byju’s to cut as many as 5,000 more jobs amid business restructuring
Byju’s plans to cut as many as 5,000 jobs in the coming weeks, a person familiar with the matter said, as the Indi...
IT総合 GIC in talks to lead $40 million funding in India’s Vegrow
GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two so...