IT総合 Peak XV to launch perpetual fund backed by own partners, other leaders
Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, a source fa...
Manish Singh
IT総合 IT総合 Zomato’s Blinkit sprints to quick commerce dominance in India
Even as quick commerce is slowly fading in many markets and several heavily-funded startups have folded in the past two ...
IT総合 Elon Musk says xAI will open-source Grok this week
Elon Musk’s AI startup xAI will open-source Grok, its chatbot rivaling ChatGPT, this week, the entrepreneur said, ...
IT総合 Baron values Swiggy at $12.16B, above prior private market valuation
Baron Capital, an investor in Indian food delivery startup Swiggy, has increased the value of its stake in the Indian fi...
IT総合 Sea’s Free Fire India relaunch in limbo six months on
Sea is “still making changes” and has yet to launch its popular mobile game Free Fire in India, more than si...
IT総合 India’s Flipkart readies quick-commerce play
The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with...
IT総合 OpenAI says Musk only ever contributed $45 million, wanted to merge with Tesla or take control
OpenAI, the most valuable AI startup, said Wednesday it intends to dismiss all claims made by Elon Musk in a recent laws...
IT総合 India reverses AI stance, requires government approval for model launches
India has waded into global AI debate by issuing an advisory that requires tech firms to get government permission befor...
IT総合 Camshaft says Byju’s unit beneficial owner of $533 million funds
Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of I...
IT総合 Elon Musk sues OpenAI and Sam Altman over ‘betrayal’ of non-profit AI mission
Elon Musk sued OpenAI, its co-founders Sam Altman and Greg Brockman and affiliated entities on Thursday, alleging the Ch...
IT総合 Google pulls popular Indian matrimony apps from store over fees violation
Google began removing some apps from Play Store in India on Friday after warning earlier in the day that it will be taki...
IT総合 Dailyhunt in talks to acquire social network startup Koo
Media startup Dailyhunt is in advanced stages of talks to acquire the Bengaluru-headquartered social network Koo, two so...
IT総合 Shadowfax speeds ahead with $100M funding as instant delivery boom fuels growth
Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India, has...
IT総合 Vijay Shekhar Sharma steps down from Paytm Payments Bank board
Vijay Shekhar Sharma, founder and majority owner of Paytm Payments Bank, has stepped down from the board of the troubled...
IT総合 Interview Kickstart, a profitable startup, raises maiden funding to tackle tech talent crunch
Interview Kickstart, a profitable startup helping tech professionals acquire career-advancing skills, has raised $10 mil...
IT総合 Byju’s founder, ousted by shareholders, says rumors of his firing ‘greatly exaggerated’
Byju Raveendran, the founder of eponymous edtech group Byju’s, told employees on Saturday that he continues to rem...
IT総合 Byju’s founder removed by investors in EGM vote
A group of Byju’s investors on Friday voted to remove the edtech group’s founder and chief executive Byju Ra...
IT総合 Apple’s India iPhone business outpaces individual EU countries, Morgan Stanley says
Apple’s long-term bet on India is beginning to pay dividends. The company’s iPhone revenue in India jumped 4...
IT総合 Google Pay takes its QR sound-box to small merchants in India after trial run
Google said Thursday it plans to roll out the SoundPod, its portable speaker designed to instantly validate and announce...
IT総合 Uber says firm to explore integration with India’s ONDC
Uber has signed a memorandum of understanding with an Indian government-backed firm that aims to make mobility and comme...
IT総合 Musk’s X withholds accounts, tweets in India to obey orders
X, formerly known as Twitter, said Wednesday it is withholding specific accounts and posts in India, action it said the ...
IT総合 India’s PhonePe launches Android app store with Amazon, Meta and Microsoft apps
Microsoft, Amazon and Meta are among the top brands whose apps are available on the Indian fintech PhonePe’s Indus...
IT総合 Amazon to launch ‘special store’ for value fashion in India
Amazon is preparing to make another attempt to break into India’s fast-growing fashion and lifestyle e-commerce sector, ...
IT総合 Byju’s says $200 million rights issue that cuts valuation by 99% fully subscribed
Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s fou...
IT総合 State of venture investments in India, according to Lightspeed
Over 150 investors, including Singapore’s sovereign fund Temasek and Malaysia’s Khazanah, gathered at Mumbai...
IT総合 India’s central bank extends some Paytm Payments Bank restrictions deadline to March 15
India’s central bank extended the deadline for some of the business restrictions it’s imposing on Paytm̵...
IT総合 India may block Proton Mail
Proton, the Swiss privacy-focused software maker, says it has received a notice of a “possible block” of Pro...
IT総合 India stumped on how to cut PhonePe and Google dominance in payments
India is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the countr...
IT総合 Macquarie cuts Paytm target on ‘serious risk of exodus of customers’
Macquarie dramatically cut its 12-month price target on One97 Communications, the parent company of digital payments fir...
IT総合 Peak XV takes startups on a Silicon Valley trip in AI push
Peak XV, the venture capital firm that split from Sequoia Capital last year, is taking its portfolio companies from Indi...