Manish Singh
Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch.
The Bengaluru-headquartered startup, once India’s most valuable, is looking to raise $100 million to $300 million in new funding via...
Beijing has quietly pulled the proposed curbs on the video game industry from the official website, weeks after the draft guidelines wiped tens of billions of dollars off the market value of local titans.
The link to the draft rules was no longer accessible as of this morning, as first...
Captain Fresh, a business-to-business harvest-to-retail marketplace for animal protein, is engaging with investors to raise up to $50 million in fresh funding, according to sources familiar with the matter.
The startup is in advanced stages of deliberations to raise the capital from Nekkanti Sea Foods, SBI Investment, Evolvence, Tiger Global,...
Sony called off the merger between its India unit and Zee Entertainment on Monday, ending a two-year acquisition deliberation that would have created a $10 billion media powerhouse in the South Asian market.
Sony said in a statement that it has sent a termination letter to Zee after the Indian...
General Catalyst, one of the largest U.S. venture capital firms, is in talks to acquire an India-focused VC as part of efforts to expand its presence in the fast-growing South Asian startup market, three sources familiar with the matter told TechCrunch.
The deal would allow General Catalyst to tap deeper...
India has warned tech companies that it is prepared to impose bans if they fail to take active measures against deepfake videos, a senior government minister said, on the heels of warning by a well-known personality over a deepfake advertisement using his likeness to endorse a gaming app.
The stern...
Google has pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India, the latest blow to India’s already dwindling web3 dream.
The ban comes two weeks after these global firms were flagged for operating “illegally” in the country. Financial Intelligence Unit (FIU), an Indian government agency...
As SEC's landmark spot Bitcoin ETF approval fuels price surge, world's most populous nation douses its crypto dreams.
It wasn’t long ago when Indian venture capitalists were scrambling to establish their crypto credentials. Ethereum wallet addresses adorned Twitter profiles. Over a dozen VC firms scrambled to publish their own web3...
Apps of as many as eight crypto exchanges including Binance, Kraken, Mexc and Kucoin have disappeared from Apple’s App Store in India, less than two weeks after the firms were flagged for operating “illegally” in the country. Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, late...
Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani’s Jio Platforms, valuing the Indian telecoms and digital conglomerate 64.6% higher than the $65 billion at which it attracted the likes of Meta, Google and other technology giants in a mammoth fundraising in 2020.
The valuation reassessment...
