Manish Singh

IT総合

Microsoft plans to invest $3B in AI, cloud in India

Microsoft plans to invest $3 billion to expand its artificial intelligence and cloud services in India. The firm, which ...
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Hindustan Unilever in talks to acquire Peak XV-backed Minimalist for up to $350M

Consumer goods giant Hindustan Unilever is in advanced talks to acquire four-year-old direct-to-consumer startup Minimal...
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Cloudflare’s VPN app among half-dozen pulled from Indian app stores

More than half-a-dozen VPN apps, including Cloudflare’s widely-used 1.1.1.1, have been pulled from India’s A...
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Accel closes $650 million for new India fund

Accel has raised $650 million for its eighth India fund as the U.S. venture firm expands its investment strategy in the ...
IT総合

Accel closes $650 million for new India fund

Accel has raised $650 million for its eighth India fund as the U.S. venture firm expands its investment strategy in the ...
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India again delays rules to break PhonePe-Google Pay duopoly

India has once again pushed back a contentious plan to limit big technology companies’ control of the nation&#8217...
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India lifts WhatsApp payment curbs

India has removed restrictions on WhatsApp’s payments service in a significant victory for Meta in its largest mar...
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Gupshup investor cuts value of its stake again, implying new valuation of $486M

Asset management firm Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by anothe...
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India’s mobile payments dilemma

India’s payments regulator is set to decide as early as Monday whether to curb the dominance of Walmart’s Ph...
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PharmEasy investor cuts value of its stake drastically, implying new valuation of $456M

Indian online pharmacy PharmEasy is now being valued at about $456 million after its investor Janus Henderson said in a ...
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X jacks up Premium+ prices by 37.5%, hits some markets harder

X is raising prices for its top-tier subscription service, Premium+, by 37.5% to $22 a month, marking the largest price ...
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Indian startups raised 32% fewer rounds in 2024 as VCs got selective

Indian startups raised 32% fewer funding rounds in 2024 compared to last year, according to data intelligence platform T...
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India’s MobiKwik surges 82% in market debut

Shares in digital payments firm MobiKwik surged 82% to ₹507.5 ($6) on their first day of trading, as the Indian fintech ...
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Shein must cede Indians’ data, control of local ops to re-enter India

Shein must surrender all data of Indian customers and control of its local operations to its partner, Reliance Retail, a...
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Alphabet-backed Indian lender files for $171M IPO

Aye Finance, a lender targeting small- and medium-sized businesses in India, is seeking to raise $171 million from its i...
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Google names its new India chief

Google has appointed Preeti Lobana to lead its India business, filling a key position that had been vacant since Sanjay ...
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Zomato faces $95 million India tax bill

Zomato, India’s top food delivery and quick commerce platform, has been slapped with a tax bill of $94.5 million. ...
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SolarSquare raises $40 million in India’s largest solar venture round

SolarSquare has raised $40 million in a round led by Lightspeed in what is the largest venture round in India’s so...
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HongShan, Peak XV back stablecoin-powered neobank KAST

Peak XV and HongShan, the Indian and Chinese investment firms that split from powerhouse Sequoia last year, have co-led ...
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Software testing platform LambdaTest secures $38 million for AI push

LambdaTest, a cloud-based software testing platform, has raised $38 million in a funding round as it looks to expand its...
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Amazon pilots quick commerce service in India

Amazon on Tuesday said it is piloting a quick commerce service in India that will see the U.S. tech giant deliver grocer...
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Paytm sells PayPay stake to SoftBank for $279.2 million

Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm s...
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MobiKwik’s IPO will value it at $250M, 73% less than its last private valuation

MobiKwik, an Indian financial services startup, has cut the size of its planned IPO for the third time, setting a price ...
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Myntra enters India’s quick-commerce race with 30-minute apparel delivery

Myntra, India’s largest fashion e-commerce firm, on Thursday launched “M-Now,” its quick-commerce offe...
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Prosus expects 5 IPOs from its India portfolio in next 18 months

Prosus anticipates as many as five potential IPOs from its Indian portfolio over the next 18 months, signalling growing ...
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Swiggy scales 10-minute food delivery to 400 cities in quick-commerce push

Swiggy has expanded its 10-minute food delivery service to more than 400 cities and towns across India. © 2024 TechCrunc...
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Sequoia nears first Asia-Pacific deal since regional split

Sequoia is closing in on making its first deal in India and the broader Asia Pacific region since its split with former ...
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Zomato raises $1 billion in first major fundraise since 2021 listing

Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise...
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India, already an IPO bright spot, prepares for bigger surge in 2025

India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for t...
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AI helps India’s Meesho cut customer call costs by 75%

Softbank-backed Meesho has rolled out what it claims to be India’s first generative AI-powered voice bot among e-c...
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