Manish Singh

Xiaomi said on Wednesday it has shipped over 200 million smartphones in India to date, demonstrating just how large of a presence it has marked in the world’s second largest phone market in just eight years. The Chinese giant, which began selling smartphones in India in 2014, revealed the...

Celsius Network, one of the world’s largest cryptocurrency lenders, has filed for bankruptcy protection, a month after freezing customer assets in the wake of a sharp turbulence in the crypto market that has toppled business models of several firms. The New Jersey-headquartered startup, which was valued at $3.25 billion...

Airlift, Pakistan’s most valuable startup, is shutting down, two sources familiar with the matter told TechCrunch, following its inability to raise fresh capital. The startup told employees Tuesday evening that it will be shutting down on Wednesday, according to the sources and a slide obtained by TechCrunch. The startup...

“Frequent” investigations into local units of Chinese firms by Indian authorities “impedes the improvement of business environment” in India and “chills the confidence and willingness” of other foreign nation’s businesses to invest and operate in the South Asian market, China’s embassy in India said in a statement, following...

Voyager Digital, a high-profile crypto broker, has filed for bankruptcy, citing market volatility and the surprising collapse of Three Arrows Capital, just weeks after it suspended withdrawals, trading and deposits on its platform. The U.S.-headquartered firm — and its two affiliates — said in a Chapter 11 bankruptcy filing...

Twitter has sued the Indian government to challenge some of its takedown orders, a source familiar with the matter told TechCrunch, further escalating the tension between the American social giant and New Delhi. In its lawsuit, filed Tuesday, Twitter alleges that New Delhi has abused its power by ordering...

Glance, a subsidiary of adtech giant InMobi Group, is planning to launch its lock screen platform on Android smartphones in the U.S. within two months, a source familiar with the matter told TechCrunch. The startup is engaging with wireless carriers in the U.S. for partnerships and is gearing up...

Vauld, a Singapore-headquartered crypto lending startup, has suspended withdrawals, trading and deposits on its eponymous platform with immediate effect as it navigates “financial challenges,” it said Monday. The startup — which counts Peter Thiel-backed Valar Ventures, Coinbase Ventures and Pantera Capital among its backers and has raised about $27...

Byju’s, India’s most valuable startup, has eliminated over 600 jobs in recent days and pushed back on payments for a $1 billion acquisition it announced last year. The Bengaluru-headquartered startup, valued at about $22 billion, has cut over 300 jobs at Toppr, an online learning startup it acquired last...

Arzooo, an Indian startup that is attempting to bring the “best of e-commerce” to physical stores, has raised $70 million in a new financing round as it looks to scale its retail platform across the South Asian market. SBI Investment and Trifecta Leaders Fund led the Bengaluru-headquartered startup’s Series...