Manish Singh
Piyush Gupta, one of the operating leaders at Peak XV Partners, is leaving the firm at the end of this month to start his own fund, four people familiar with the matter told TechCrunch.
Gupta joined Peak XV (called Sequoia India and SEA then) in 2017, leading the influential venture...
CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster.
The Bengaluru-headquartered startup, valued at $6.4 billion, received the in-principle approval from the Reserve Bank...
VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand firm Magzter, the two said Thursday.
The Bengaluru-headquartered startup has fully acquired Magzter, a New York-headquartered firm that counted Singapore Press Holdings among its backers. VerSe didn’t disclose the financial terms of the...
The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various fintech startups this month to develop a strategy to address the growing market dominance of PhonePe and Google Pay in the...
Jio Financial Services, part of the Indian conglomerate Reliance, is forming a joint venture with U.S. asset manager BlackRock to set up a wealth management and stock broking business in India, the two firms said Monday.
The announcement follows BlackRock and Jio Financial launching a joint venture last year to...
Social media startup ShareChat’s valuation has cratered below $2 billion from nearly $5 billion in a new funding round, a source familiar with the situation told TechCrunch, marking a steep decline for the nine-year-old Indian startup that boasts over 400 million users in the South Asian market.
The Bengaluru-based startup,...
WhatsApp is testing Meta AI, its large language model-powered chatbot, with users in India and some other markets, signalling its intentions to tap the massive user base to scale its AI offerings.
The company recently began testing the AI chatbot, until now available in limited markets including the U.S., with...
Apple sent threat notifications to iPhone users in 92 countries on Wednesday, warning them that may have been targeted by mercenary spyware attacks.
The company sent the alerts to individuals in 92 nations at 12pm Pacific Time on Wednesday. The company did not disclose the attackers’ identities or the countries...
Ola is shutting down its operations in the UK, Australia and New Zealand, six years after expanding to international markets as it shifts focus to shoring up its domestic business ahead of an initial public offering.
An Ola spokesperson told TechCrunch that the SoftBank-backed ride-hailing startup sees “immense opportunity for...
Avendus, India’s leading investment bank for venture deals, is looking to raise about $300 million for its private equity unit, according to three sources familiar with the matter.
The Mumbai-based firm, backed by U.S. private equity giant KKR, has established itself as the top financial advisor in India, working with...