Manish Singh
General Atlantic has poured another $100 million in PhonePe, three months after leading a $350 million investment in the Indian fintech startup that has so far raised $750 million in an ongoing financing round.
Walmart-backed PhonePe disclosed the investment in a filing with the local regulator on Wednesday. A...
Nearly two decades after Apple entered India, the iPhone-maker is ready to open its first set of retail stores in the South Asian market.
Apple will open Apple BKC, its Mumbai store, on April 18, and its Delhi outlet Apple Saket on April 20, the company said in a...
India’s central bank has halted its plans for a high-profile project intended to rival the nation’s dominant payment system, Unified Payments Interface. The project had attracted significant interest from a variety of major conglomerates, tech giants, and financial institutions, including Amazon, Reliance, Facebook, Tata Group, Google, HDFC, and...
India does not plan to regulate the growth of AI within the South Asian market, identifying the sector as a “significant and strategic” area for the nation. This stance arrives at a time when numerous voices are calling for increased scrutiny of the rapidly advancing technology.
The Ministry of...
Apple is gearing up to open its first retail store in India to the public later this month, roughly two decades after the company began selling products and services in the South Asian nation that has grown to become the second largest internet market.
The iPhone-maker on Wednesday shared...
In a move reminiscent of its successful early bet on the government-backed UPI network seven years ago, PhonePe, India’s leading mobile payments app, is now setting its sights on the e-commerce sector.
The Bengaluru-based startup, backed by retail giant Walmart, on Tuesday launched a hyperlocal commerce app, called Pincode,...
Amit Jain, former head of Uber’s Asia Pacific division, said on Monday that his new venture, Zamp Finance, has secured $21.7 million in seed funding.
Zamp Finance simplifies the process for businesses to invest their excess capital in US Treasury bills, providing a hedge against bank failures and other...
Some of the biggest Indian startups are taking a haircut in their valuations — at least in the eyes of their investors — as some backers adjust their estimates amid the weakening global economy.
BlackRock has cut the valuation of Byju’s, which is India’s most valuable startup at $22...
Reliance's Jio, having aggressively recruited talent from Disney's Hotstar, is placing a substantial wager on IPL in a bid to win a large slice of India's streaming market.
Mukesh Ambani’s Jio, the South Asian telecom powerhouse, has long sought to entice its customer base with a plethora of services...
The Indian hyperlocal delivery startup Dunzo is in late-stage discussions to secure about $50 million in a new financing round, two sources familiar with the matter told TechCrunch, as the Bengaluru-headquartered startup scrambles for comfort in an otherwise funding winter for younger firms.
Reliance Retail and Google, two existing...
