IT総合 Indian fintechs amplify payments soundbox pitches to woo merchants
Some of India’s biggest fintech startups are making deeper inroads into soundboxes, unveiling new push to the pock...
Manish Singh
IT総合 IT総合 Walmart has spent $3.5 billion this year to increase stake in Flipkart
Walmart spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with s...
IT総合 Y Combinator boots Indian startup over ‘irregularities’
Storied venture firm Y Combinator has terminated its association with Medobed, an Indian startup that promises medicine ...
IT総合 Garena relaunches Free Fire in India a year after ban
Garena is relaunching Free Fire in India, a year and a half after the popular mobile title was banned in the South Asian...
IT総合 Dunzo, backed by Reliance and Google, delays employee salaries again
Dunzo informed its employees on Wednesday that it would not be able to meet the postponed deadline for their monthly wag...
IT総合 PhonePe dives into stock and mutual fund arena
India’s PhonePe is getting into stock and mutual fund investment, the latest in a series of expansion by Walmart-b...
IT総合 Byju’s says restructuring businesses
Three senior executives are leaving Byju’s as part of a restructuring at the edtech group, the most valuable India...
IT総合 Byju’s says restructuring businesses
Three senior executives are leaving Byju’s as part of a restructuring at the edtech group, the most valuable India...
IT総合 Reliance’s financial services unit to offer insurance, merchant lending
Jio Financial Services, the financial services unit of Mukesh Ambani-run Indian conglomerate Reliance Industries, plans ...
IT総合 Reliance appoints Ambani’s children to board
Reliance Industries said Monday it has appointed the three children of billionaire Mukesh Ambani — Isha Ambani, Ak...
IT総合 Zepto becomes India’s first 2023 unicorn with $200 million fresh funding
The instant grocery delivery startup Zepto has raised $200 million at a valuation of $1.4 billion at a time when most ot...
IT総合 Zepto becomes India’s first 2023 unicorn with $200 million fresh funding
Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it...
IT総合 Reliance tests sound box payment system amid financial services push
India’s Paytm introduced the innovative sound box, a pocket-sized speaker designed to instantly validate and annou...
IT総合 QIA invests $1 billion in Ambani’s Reliance Retail at $100 billion valuation
QIA, Qatar’s sovereign fund, will invest $1 billion in Reliance Retail for a 0.99% stake in India’s largest ...
IT総合 Snap overhauls India organizational structure, appoints new head
Snap has restructured its reporting system in India and named Pulkit Trivedi as the new country head, underscoring the i...
IT総合 Reliance spin-off Jio Financial Services makes muted market debut
For years, the Indian market has been anticipating for a public debut of Reliance Retail and Jio Platforms. But in a sur...
IT総合 Peak XV ramps up dealmaking following Sequoia split
Peak XV Partners has signed over 10 term sheets and executed three exits in the 10 weeks since it announced a split with...
IT総合 Netflix inks deal with Reliance’s Jio to expand India presence
Netflix has inked a “first-of-its-kind” deal with Jio Platforms, India’s largest telecom operator, to ...
IT総合 Peak XV eyes $50M investment in former Edelweiss executives’ Neo
Peak XV Partners is in advanced stages of deliberations to lead or fully finance a funding round in Neo Group, an asset ...
IT総合 Indian court ruling threatens Google’s advertising revenue model
The Delhi High Court has ruled that Google’s Ads Programme falls under the purview of the trademarks act, meaning ...
IT総合 India’s local manufacturing initiative spurs 2 billion mobile unit shipments
India’s ambitious push for self-sufficiency in mobile phone assembling is yielding results. India shipped 2 billio...
IT総合 Disney’s Hotstar loses 12.5 million subscribers in a quarter amid cricket shortfall
Disney+ Hotstar lost nearly a fourth of its customer base, or 12.5 million subscribers, in the quarter ending June, Disn...
IT総合 Krafton commits $150 million to India following BGMI trial approval
South Korean gaming behemoth Krafton plans to invest another $150 million in India over the next 2-3 years after securin...
IT総合 Paytm’s Vijay Shekhar Sharma to buy stake worth $628 million from Ant Financial
Vijay Shekhar Sharma, founder and chief executive of Paytm, has entered into a deal with Ant Financial to acquire a 10.3...
IT総合 India delays laptop import restrictions order
India is delaying the implementation of its import limitations on laptops, tablets, and servers, a day after the unexpec...
IT総合 India restricts import of laptop, tablets and servers
India restricted import of laptops, tablets, other personal computers and servers with immediate effect on Thursday, the...
IT総合 Foxconn to invest $600M in Karnataka for iPhone components, chip-making tools projects
Foxconn, a key Apple supplier, will invest $600 million in two projects in Karnataka for chip-equipment manufacturing an...
IT総合 Flipkart-backed Shadowfax nears $60 million funding led by TPG NewQuest
Indian logistics startup Shadowfax is finalizing a funding round of about $60 million, more than a year after it began t...
IT総合 Vanguard cuts Indian ride-hailing giant Ola’s valuation by 52%
The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by more tha...
IT総合 Ola’s Aggarwal sets eyes on AI, semiconductor design
Indian entrepreneur Bhavish Aggarwal, co-founder of ride-hailing firm Ola and electric vehicle startup Ola Electric, is ...