Manish Singh
Ola Electric said on Thursday that it has raised $384.43 million in a funding round. What the Bengaluru-headquartered electric vehicle startup — which supposedly has no ongoing relationship with the ride-hailing startup Ola but continues to share resources, much to many investors’ chagrin — didn’t say was that...
The Asia Internet Coalition, a powerful industry group that represents Apple, Google, Meta, Microsoft and many other tech companies, has requested India’s IT Ministry for an extended deadline to comply with certain provisions of a newly approved data protection regulation governing user data processing.
In a Thursday letter to...
Byju’s CFO Ajay Goel, who joined the edtech giant in April this year, has already resigned, the two said Tuesday, in the latest setback for the startup that is grappling with scores of challenges. Goel will leave Byju’s after completing the long-delayed audit formalities for the financial year...
Reliance is nearing a deal to acquire Disney’s India business, according to a report, as Mukesh Ambani’s oil-to-telecom empire eyes broadening digital and television assets.
Disney values its India business at about $10 billion, whereas Reliance views the assets at between $7 billion to $8 billion, the Monday Bloomberg...
Poshmark is shutting down its international businesses – operations in India, Australia and the UK – as the social shopping marketplace shifts attention to “core markets,” the company informed customers.
The firm’s marketplace will become inaccessible in India, Australia and the UK on November 2, it said. Some features...
Google has partnered with banks and other lenders in India to offer loans to individuals and merchants on the Google Pay app as the tech giant broadens its Indian payments app, processing about 4 billion transactions monthly, and makes its strongest push for financial inclusion in the South...
Google will start assembling the Pixel smartphone lineup in India, a company executive said, becoming the latest tech giant to bet on the South Asian market for devices manufacturing.
The company intends to start the local manufacturing with the current lineup — both the Pixel 8 and Pixel 8...
Peak XV Partners has invested $35 million in Neo, a fintech startup founded by industry veterans, as the largest India-focused VC broadens its bets on wealth and asset management.
Neo operates a suite of wealth and asset management services, serving businesses, sovereign and pension funds and large family offices...
Jio Financial Services, the Indian conglomerate Reliance Industries-backed financial services firm, has started its lending and insurance businesses and plans to rapidly broaden its offerings as billionaire Mukesh Ambani expands the ever-so-wide tentacles of his oil-to-telecom empire.
The market has been closely paying attention to Reliance’s financial services ambitions...
Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than a half this year as investors marked their holdings largely in response to the dwindling market conditions. The startup,...
