IT総合 Twitter’s plea against India government dismissed
An Indian court has dismissed Twitter’s lawsuit against the Indian government that sought to challenge New Delhi&#...
Manish Singh
IT総合 
IT総合 India startup funding slides 68% after Tiger and SoftBank make virtually no deals
Indian startups experienced a significant contraction in funding in the first half of 2023, revealing the knock-on effec...
IT総合 Prosus slashes edtech giant Byju’s valuation to $5.1 billion
Prosus, the largest non-founder shareholder in Byju’s, has drastically slashed the worth of its stake in the edtec...
IT総合 Arkam Ventures targets $180 million to tap ‘middle India’ opportunity with second fund
Arkam Ventures is courting its second fund, aiming for $180 million, nearly doubling the size of its maiden fund, as the...
IT総合 Amazon plans to invest another $15 billion in India by 2030
Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said, joining a r...
IT総合 Prosus and Sequoia confirm execs resignation from Byju’s board
Prosus and Peak XV Partners confirmed Friday evening that their representatives have resigned from the board of ByjuR...
IT総合 Apple looks to resume talks for Apple Pay launch in India
Apple plans to engage with NPCI and other authorities in India in the coming weeks for the launch of its payments servic...
IT総合 India ordered an investigation into Byju’s days before auditor and board members resigned, report says
India’s corporate affairs ministry ordered an investigation into edtech startup Byju’s last week, television...
IT総合 Byju’s refutes claims of key board members’ resignation
Three key members of Byju’s have resigned from their roles at the Indian edtech giant, according to a media report...
IT総合 Musk says looking to bring Tesla and Starlink to India after meeting with PM Modi
Tesla chief executive Elon Musk says the firm is looking to invest in India and bring the electric carmaker to the count...
IT総合 India’s Byju’s to cut up to 1,000 more jobs
Byju’s is cutting 500 to 1,000 more jobs at the firm, this time eliminating several non-sales roles as well, as th...
IT総合 Mojocare investors uncover financial irregularities, unsustainable business model
Mojocare investors have found “financial irregularities” at the health and wellness startup and are move to ...
IT総合 Edtech unicorn PhysicsWallah acquires Xylem in regional expansion push
PhysicsWallah has acquired Xylem Learning as the Indian edtech unicorn pushes to cement its presence in the southern reg...
IT総合 Lightspeed says India not for the faint-hearted amid Sequoia split
Bejul Somaia, the founding partner of Lightspeed India, staunchly defended the allure of South Asia’s investment l...
IT総合 ChrysCapital invests $100 million in India’s Lenskart
ChrysCapital has invested $100 million in Lenskart, the two said Thursday, pushing the Asian eyewear startup’s rai...
IT総合 Lee Fixel’s Addition raising $1.5 billion for its fifth fund in four years
Lee Fixel’s Addition is looking to raise $1.5 billion venture capital fund as the former Tiger Global executive co...
IT総合 India threatened to shut down Twitter and raid employees’ homes, Jack Dorsey says
Jack Dorsey, Twitter’s co-founder, says India — despite its status as the world’s largest democracy &#...
IT総合 Tiki, a popular short video app in India, to shut down
Tiki, a short-form video app, is set to cease operations in India on June 27, the latest addition to a growing roster of...
IT総合 OpenAI still not training GPT-5, Sam Altman says
OpenAI is still not training GPT-5, months after the Microsoft-backed startup pledged to not work on the successor to GP...
IT総合 Edtech giant Byju’s launches transformer models in AI push
Byju’s unveiled three transformer models on Wednesday intended to enhance the quality of its services and streamli...
IT総合 Sequoia splits into three entities
Sequoia is splitting into three entities — Sequoia Capital in U.S. and Europe, Peak XY Partners in India and South...
IT総合 Byju’s files suit challenging acceleration of $1.2B loan, seeks to disqualify Redwood for ‘predatory’ tactics
Indian edtech giant Byju’s has filed a complaint in the New York Supreme Court to challenge the acceleration of th...
IT総合 NestAway, once valued at over $225 million, sells for $11 million
PropTech firm Aurum is acquiring NestAway, a once high-flying Indian startup operating in the same space, for up to $10....
IT総合 Puneet Chandok, AWS India and South Asia head, has resigned
Puneet Chandok, the head of AWS in India and South Asia, has resigned, according to two sources familiar with the matter...
IT総合 Fidelity has cut Reddit valuation by 41% since 2021 investment
Fidelity, the lead investor in Reddit’s most recent 2021 funding round, has slashed the estimated worth of its equ...
IT総合 Tech investment portfolios suffer write-downs amid global economic slowdown
Some high-profile venture capital and private equity firms are slashing the valuation of their holdings, causing billion...
IT総合 New regulation in India seeks to stub out tobacco glorification on streaming platforms
India’s health ministry has unveiled stringent guidelines for on-demand video streaming services, necessitating wa...
IT総合 Coupang says no plans to enter India
Coupang doesn’t plan to enter the Indian market, the company said, refuting a local media report that claimed that...
IT総合 Blackrock, a minority investor in Byju’s, cuts startup valuation to $8.4 billion
Blackrock, a minority investor in Byju’s, has yet again cut the valuation of its holding in the Bengaluru-based st...
IT総合 Free cricket streaming helps Ambani’s JioCinema break world record
India’s JioCinema broke the global record for the most concurrent views to a live streamed event on Monday, beatin...