Manish Singh
Sameer Brij Verma, a high-profile investor at the Indian venture firm Nexus, will be leaving the fund later this year, he confirmed to TechCrunch. Verma plans to launch his own venture firm, with the inaugural fund expected to have a corpus of at least $150 million, a source familiar with...
In India, a government-run agency will now monitor and undertake fact-checking for government related matters on social media even as tech giants expressed grave concerns about it last year.
The Ministry of Electronics and IT on Wednesday wrote in a gazette notification that it is cementing into law its proposal...
The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis.
The influx has intensified competition in a segment expected to grow 15-20 times to annual...
Microsoft has hired Mustafa Suleyman and Karen Simonyan, co-founders of high-profile AI startup Inflection AI, and several of their colleagues as the Satya Nadella-led cloud giant continues its aggressive push to attract top talent.
Suleyman — also a co-founder of DeepMind, which Google bought in 2014 to bolster its own...
India is walking back on a recent AI advisory after receiving criticism from many local and global entrepreneurs and investors.
The Ministry of Electronics and IT shared an updated AI advisory with industry stakeholders on Friday that no longer asked them to take the government approval before launching or deploying...
India’s antitrust regulator has ordered an investigation into Alphabet’s Google amid a dispute with some Indian developers over its in-app billing system, saying the U.S. tech giant implemented its policies in an “unfair” and “discriminatory manner.”
The Competition Commission of India said in an order on Friday that Google appears to...
Abu Dhabi’s sovereign wealth fund ADIA is in talks to back Pocket FM in a large new round of funding, two sources familiar with the matter told TechCrunch, as the Indian audio-storytelling platform makes deeper inroads in the U.S.
The talks for the new round, which have been ongoing for...
The National Payments Corporation of India, the firm that built the eponymous UPI rail in the country, approved Paytm’s application to participate in the payments ecosystem as a third-party application provider, delivering much-needed relief to the financial services firm that serves more than 300 million users and over 10...
Paramount Global has reached a binding agreement to sell its 13% stake in Reliance-controlled Indian media firm Viacom18 to Reliance for $517 million, both companies said Wednesday.
The deal will increase Reliance’s stake in Viacom18, which operates dozens of TV channels as well as streaming service JioCinema, to 70.49%, Reliance...
Teachers’ Venture Growth, the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, is investing $80 million in Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and other financial institutions. The new investment values Perfios at a valuation of over $1 billion.
15-year-old Perfios,...
