Manish Singh
In India, few events garner as much attention as a cricket game. A high-profile match between neighbors India and Pakistan delivered a much-needed break for Disney’s Hotstar, which has lost over 20 million subscribers in the past three quarters, and whose executives are anticipated to soon intensify hunt...
CRED is in talks to acquire Kuvera, a startup that operates an online wealth management platform, a source familiar with the matter told TechCrunch, in what is a sign of the Indian fintech giant’s growing interest in the lucrative category of mutual funds.
The acquisition deliberations are ongoing and...
Mastercard CFO says ecosystem participants of India's UPI, which processes over 10 billion transactions a month, 'end up losing money'
India’s UPI is “fantastic at many levels” but remains an “incredibly painful experience” for ecosystem participants, Mastercard CFO said at a recent conference, underscoring tensions around the mobile payments...
InsuranceDekho, the insurer that was incubated within the automobile marketplace group CarDekho, has raised $60 million in a new funding round as the startup looks to supercharge its growth.
Mitsubishi UFJ Financial Group, insurer BNP Paribas Cardif, Beams Fintech Fund and Yogesh Mahansaria Family Office financed InsuranceDekho’s Series B...
More than two dozen startups, VCs and PEs are exploring investment in banks in India, sources say.
Several Indian startups, along with venture capital funds and private equity investors, are scrambling to build investment strategies as they race to tap into a rare available opportunity in the nation: banks.
Premji...
Fast-fashion startup Virgio, founded by former Myntra chief, is shutting down its operations less than a year after raising funds at a valuation of over $160 million, according to two investor sources familiar with the situation.
“The fast fashion brand that you have come to love is no longer...
Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR and Qatar Investment Authority together investing $1.7 billion in the Indian firm, which is part of Mukesh Ambani’s Reliance Industries.
Abu Dhabi sovereign-wealth...
A number of venture investors and startups are engaging with Bank of Baroda to acquire a stake in the lender’s subsidiary Nainital, according to people familiar with the matter.
Premji Invest and stock broking giant Zerodha are among the prospective backers that have held conversations with Bank of Baroda,...
Netflix has “not succeeded” in scaling up its business in India despite the global streaming giant consistently lowering the subscription costs in the country, analysts at AllianceBernstein wrote in a report to clients Thursday.
The U.S. streamer has about 6.5 million subscribers in India, compared to Prime Video’s 20...
Slice, backed by Tiger Global, Insight Partners, Blume Ventures and EMVC among its backers, was valued at about $1.5 billion in its previous funding round last year.
Indian unicorn fintech Slice is merging with North East Small Finance Bank, they said Wednesday after receiving the approval from the central...
