Manish Singh
Accel has announced its seventh India fund with $650 million to invest as the storied venture investor looks to double down on its bet in the world’s second largest internet market and also be more aggressive in the Southeast Asia region, two partners told TechCrunch in an interview.
The...
BharatPe co-founder Ashneer Grover engaged in “extensive misappropriation of company funds” and “siphoned money,” the Indian fintech startup said Wednesday, citing review by independent advisors, the latest in a series of strange turns and publicly played out drama at one of the fastest growing firms in the...
Ashneer Grover, a founder and the public face of BharatPe, has resigned from the board and left the managing director position he held at the Tiger Global-backed Indian fintech startup following weeks-long turmoil at the firm as it undertakes what it says is an an all-encompassing review of...
FPL Technologies, the Indian startup that operates OneCard, is set to double its valuation to about $1.5 billion in a new financing round, just a month after it disclosed its previous funding, according to three sources familiar with the matter.
Temasek is in advanced stages of talks to lead...
Future Retail, India’s second largest retail chain, is scaling down its operations to reduce losses, it said, the latest casualty in its years-long battle with estranged partner Amazon.
The firm, led by Kishore Biyani, said in filings to the stock exchanges that it has been finding it “difficult to...
India’s Niyo has raised $100 million in a new financing round as the consumer-facing neobank platform looks to add lending and other features to its offerings and make deeper inroads in the world’s second largest internet market.
Accel and Lightrock India co-led the Bengaluru-headquartered startup’s Series C financing round....
Mark Cuban’s interactive platform Fireside, which helps creators reach audiences through live and virtual shows, is in talks to raise its Series A financing round and plans to make a push into web3 and metaverse in within months, two sources familiar with the matter said.
Fireside is engaging with...
Indian fintech CRED is in talks to back the Bengaluru-headquartered startup Smallcase, three sources familiar with the matter said, as the Tiger Global and Alpha Wave Global-backed firm looks to expand its wealth offerings to customers.
CRED’s proposed investment in Smallcase values the startup in the range of $300...
The Indian conglomerate Tata Group plans to launch its “super app” as soon as next month, clubbing together many of its old and recently acquired consumer services for the first time.
The app, called TataNeu, is the salt-to-software giant’s supposed attempt to go head-to-head with rivals including Jio Platforms...
Abu Dhabi Investment Authority is backing the Indian social commerce startup DealShare, the two said Thursday, joining a roster of marquee investors doubling down on India’s fast-growing e-commerce market.
A wholly-owned subsidiary of Saudi Arabia’s sovereign wealth fund is investing $45 million in DealShare, extending the size of the...
