Manish Singh
Partners of 3one4 Capital, a venture capital firm in India, recently went on a road show to raise a new fund. Within two and a half months, at the height of the worsening global economy, they had secured $200 million. It’s the fourth marquee fund for the Bengaluru-headquartered...
Paytm, India’s leading mobile payments firm, reported a 13.2% surge in revenue to $285.7 million in the quarter ending March and pared its loss by 57% to $20.5 million in a sharp turnaround for the company that is increasingly trying to become profitable following a tremulous year and...
In the high-stakes race for supremacy in the burgeoning field of generative AI, India’s bustling technology ecosystem is facing an uphill battle to catch up to global leaders. Despite being home to one of the world’s largest startup ecosystems, the South Asian economy has yet to make a...
India’s crime-fighting agency searched three premises of edtech giant Byju’s and its founder Byju Raveendran, it said Saturday, and seized various “incriminating” documents and digital data.
The Enforcement Directorate said it conducted the searches under the provisions of the nation’s anti-money laundering law, but declined to elaborate. The agency...
Amazon omitted India updates in Thursday’s earnings call and release, a notable change for the e-commerce giant that has consistently highlighted rapid growth in the South Asian market.
The absence of India in the quarterly earnings, the first since early 2014, follows Amazon’s shutdown of multiple services, including food...
Warner Bros. Discovery has found a new partner to bring HBO content to India: Mukesh Ambani-backed Viacom18.
HBO Original, Max Original and other Warner Bros. television series will arrive on JioCinema next month and will air shows “on the same day as the U.S.,” Warner Bros. and Viacom18 said...
Coinbase has filed a petition to compel the U.S. Securities and Exchange Commission to respond to a months-old petition that asks whether the securities regulator would allow the industry to be regulated using existing SEC frameworks, the exchange firm said on Monday, escalating its tensions with the regulator...
Indian fintech giant PhonePe is preparing to launch a dedicated app store for Android users in India, the latest product push from the Walmart-backed firm that commands the mobile payments market in the second largest Asian economy.
The app store, designed to offer hyper-localized services based on customer context,...
James Murdoch’s venture fund Bodhi Tree slashed its planned investment into Viacom18 to $528 million, down 70% from the committed $1.78 billion, the two said late Thursday as the global weakening economy hammers investors’ appetite.
Viacom18, a joint venture between Mukesh Ambani’s Reliance and Paramount Global, did not say...
India’s smartphone exports have more than doubled, reaching over $11 billion in the fiscal year that ended in March, according to trade data examined by the industry body India Cellular and Electronics Association and government officials, underscoring the South Asian market’s growing ambition to become a global hardware...
