IT総合 Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit i...
Manish Singh
IT総合 IT総合 Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the In...
IT総合 JioCinema, the Indian streaming service, launches 35-cent tier to box out Netflix and Prime Video
JioCinema introduced new monthly subscription plan on Thursday, with the lowest tier costing just 35 cents.
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IT総合 India’s central bank cracks down on Kotak Mahindra Bank over IT, risk management lapses
India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers throug...
IT総合 Google-backed Glance pilots Android lockscreen platform in US
Glance, which operates a lockscreen platform targetting Android smartphones, is setting its sights on the U.S. market. T...
IT総合 Peak XV’s Piyush Gupta is leaving firm to start own secondary-focused VC fund
Piyush Gupta, one of the operating leaders at Peak XV Partners, is leaving the firm at the end of this month to start hi...
IT総合 Fintech CRED secures in-principle approval for payment aggregator license
CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that...
IT総合 India’s VerSe acquires Apple News+ rival Magzter
VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand fi...
IT総合 India scrambles to curb PhonePe and Google’s dominance in mobile payments
The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified...
IT総合 Jio Financial, BlackRock to tap India’s wealth management market
Jio Financial Services, part of the Indian conglomerate Reliance, is forming a joint venture with U.S. asset manager Bla...
IT総合 ShareChat’s valuation drops below $2 billion in new funding
Social media startup ShareChat’s valuation has cratered below $2 billion from nearly $5 billion following a new fu...
IT総合 WhatsApp trials Meta AI chatbot in India, more markets
WhatsApp is testing Meta AI, its large language model-powered chatbot, with users in India and some other markets, signa...
IT総合 Apple alerts users in 92 nations to mercenary attacks in new warning
Apple sent threat notifications to iPhone users in 92 countries on Wednesday, warning them that may have been targeted b...
IT総合 India’s Ola retreats from international markets, exiting UK, Australia and NZ
Ola is shutting down its operations in the UK, Australia and New Zealand, six years after expanding to international mar...
IT総合 Avendus, top India venture advisor, seeks $300 million for new PE fund
Avendus, India’s leading investment bank for venture deals, is looking to raise about $300 million for its private...
IT総合 Amazon quietly launches Bazaar to sell fast-fashion and lifestyle products in India
Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fash...
IT総合 Quick-commerce startup Zepto zooms to $1.2B in annualized sales, Goldman says
Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within just 29 months of ...
IT総合 Sachin Bansal’s fintech Navi seeks $2B valuation in its first major external fundraise
Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talki...
IT総合 Microsoft to unbundle Office and Teams globally following years-long criticism
Microsoft will introduce a new version of Microsoft 365 and Office 365 subscription service that excludes Teams, unbundl...
IT総合 Byju’s founder floats share offer to make peace with estranged investors
Byju Raveendran, the founder of embattling edtech group Byju’s, has made a last-ditch attempt to placate the India...
IT総合 Accel earnestly rethinks early-stage startup investing in India
By any benchmark, Accel is among the top venture firms in India. With nearly two dozen Indian unicorn startups, includin...
IT総合 PayPal backs Indonesian insurance startup Qoala in $47M funding
PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering ...
IT総合 Stability AI CEO resigns because you’re ‘not going to beat centralized AI with more centralized AI’
Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup‘...
IT総合 DOJ lawsuit against Apple is headline grabber but poses limited near-term impact
The U.S. Department of Justice filed a lawsuit against Apple Thursday, accusing the company led by CEO Tim Cook of engag...
IT総合 Crypto exchange OKX ceases services in India
Crypto exchange OKX is ceasing services for users in India, it said in an email to customers Thursday, advising them to ...
IT総合 Nexus star partner Sameer Brij Verma set to leave and launch own fund
Sameer Brij Verma, a high-profile investor at the venture firm Nexus, will be leaving the fund later this year, he confi...
IT総合 Nexus’ star partner Sameer Brij Verma set to leave and launch own fund
Sameer Brij Verma, a high-profile investor at the Indian venture firm Nexus, will be leaving the fund later this year, h...
IT総合 India will fact-check online posts about government matters
In India, a government-run agency will now monitor and undertake fact-checking for government related matters on social ...
IT総合 India’s electric two-wheeler startups surge to over 150 players as government revs up EV push
The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by go...
IT総合 Microsoft hires Inflection founders to run new consumer AI division
Microsoft has hired Mustafa Suleyman and Karen Simonyan, co-founders of high-profile AI startup Inflection AI, and sever...