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...
Manish Singh
IT総合 
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 ...
IT総合 Social commerce DealShare’s CEO steps down
Vineet Rao, co-founder and chief executive of Indian social commerce DealShare, has stepped down from the top role, the ...
IT総合 Fidelity deepens valuation cut for SaaS startup Gupshup
Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than ...
IT総合 Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake
Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant furth...
IT総合 Previous governments’ incompetence crippled India’s semiconductor growth, deputy IT minister says
In an indictment of past administrations, a senior Indian minister blamed their strategic and political vision and ̶...
IT総合 BlackRock, Reliance’s finance unit form joint venture to tap India’s asset management industry
Jio Financial Services and world’s largest asset manager BlackRock said Wednesday they have agreed to form a joint...
IT総合 India’s food delivery giant Swiggy launches credit card
Swiggy has become the latest Indian startup to offer its customers a credit card as the food delivery giant broadens its...
IT総合 Prosus breaks silence on Byju’s, says Indian edtech ‘regularly disregarded advice’
A key Byju’s investor has gone on record to express its disappointment in the edtech giant’s reporting and g...
IT総合 Sam Altman’s Worldcoin eyeball-scanning crypto project launches
Worldcoin, Sam Altman’s audacious eyeball-scanning crypto startup, has started the global rollout of its services ...
IT総合 Peak XV, Tiger Global, others urge PM Modi to review India’s online gaming tax
Tiger Global, DST Global, Peak XV, Steadview Capital, and Kotak Private Equity are among global and Indian investors who...
IT総合 Netflix brings password-sharing crackdown to India and every other market
Netflix is bringing password-sharing crackdown to consumers in India and every other market starting today, the global s...
IT総合 Severe outage knocked WhatsApp down
WhatsApp, the Meta-owned ubiquitous messaging app, was inaccessible to many users around the globe due to a “major...
IT総合 India tax officials search edtech UpGrad offices
Officials from India’s GST tax department are searching the offices of UpGrad, an edtech unicorn that counts Temas...