Manish Singh

IT総合

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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Flipkart co-founder Binny Bansal leaves PhonePe’s board

Flipkart co-founder Binny Bansal has stepped down from Indian fintech PhonePe’s board of directors, three quarters...
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Zepto raises another $350M amid retail upheaval in India

Zepto has secured $350 million in new funding, its third round of financing in six months, as the Indian quick-commerce ...
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India’s Arzooo, once valued at $310M, sells in distressed deal

Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to...
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Indian news agency sues OpenAI alleging copyright infringement

One of India's largest news agencies has sued OpenAI in a case that could set a precedent for how AI companies use copyr...
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India orders Meta to curb WhatsApp data sharing, levies $25M fine

India’s competition watchdog has ordered WhatsApp to stop sharing user data with other Meta units for advertising ...
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Xiaomi taps PhonePe’s app store for India smartphones

Xiaomi will replace its app store with fintech PhonePe’s offering for customers in India starting January. The mov...
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MakeMyTrip buys Happay from CRED

MakeMyTrip, India’s largest online travel company, has agreed to acquire the expense management platform Happay fr...
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India’s HealthKart valued at $500M in new investment

Indian nutrition startup HealthKart’s valuation has surged to about $500 million in a new investment of $153 milli...
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Oyo founder seeks new investment at $3.8B valuation

An investment vehicle backed by Oyo’s founder, Ritesh Agarwal, has proposed to inject another $65.1 million into t...
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Reliance, Disney complete India media merger valued at $8.5 billion

Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment behemoth t...
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Prosus eyes PayU IPO in 2025 after stellar Swiggy listing

Prosus aims to list fintech firm PayU in 2025 as the Dutch investor looks to shift more focus to India. On Wednesday it ...
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