Manish Singh
CRED is raising $140 million in a new financing round, its fourth funding in the past year and a half, as the Indian fintech startup courts millions of high credit score customers and broadens its offerings.
GIC, Singapore’s sovereign wealth fund, is leading the Bengaluru-headquartered startup’s Series F financing...
India’s central bank proposed on Wednesday an integration between UPI and credit cards in a significant boost for a fast-growing payments protocol that has become the most popular way individuals in the South Asian market transact online.
“UPI facilitates transactions by linking savings or current accounts through users’ debit...
India is proposing to create an appeals panel with the veto power to reverse content moderation decisions of social media firms, it said Monday evening, republishing the draft changes to the IT rules after quietly withdrawing it last week.
If enacted, it would be the first time globally that...
Google has disabled businesses ability to use RCS for promotion in India, the company’s biggest market by users, following reports of rampant spam by some firms in a setback for the standard that the company is hoping to be the future of SMS messaging.
Rich Communication Services, or RCS,...
Xiaomi is elevating Alvin Tse, a veteran at the firm, as the General Manager for its India business as the Chinese technology group bolsters its efforts to fight increasing competition from rivals including Samsung and looks to smoothen its relationship with New Delhi.
The appointment of Tse (pictured above),...
Slice, a fintech startup that is bringing credit card features to millions of Indians, has raised $50 million in a new financing round as it looks to scale its recently launched UPI payments product and push to make its core credit business profitable.
Tiger Global led the Bengaluru-headquartered startup’s...
Google-backed DotPe, which helps businesses in India go online and sell digitally, is in advanced stages of talks to raise about $50 million in a new financing round, a source familiar with the matter told TechCrunch.
Temasek, the Singapore state-owned investment firm, is finalizing deliberations to lead the investment...
India has withdrawn a warning that asked users to not share photocopies of their national biometric ID following a widespread uproar from users on social media, many of whom pointed that this is the first time they were hearing about such a possibility.
A regional office of UIDAI, the...
Amit Jain, who previously led Uber’s Asia business and served as a partner at Sequoia Capital India, is working on a crypto payments platform and has received backing from several high-profile entrepreneurs including Uber chief executive Dara Khosrowshahi, a source familiar with the matter said.
Jain’s startup, which is...
Cars24, a marketplace for used cars, has laid off about 600 people just five months after closing a $400 million financing round, the latest Indian unicorn to cut its workforce as it attempts to steer through the gloomy market conditions.
The Cars24 layoff, which represents about 6% of the...
