india

India drops plan to require approval for AI model launches

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 in

India orders antitrust probe into Google’s app store billing practices

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 imple

India cuts import taxes on EVs in win for Tesla’s entry plans

India will lower import taxes on certain electric vehicles for companies committing to invest at least $500 million and setting up a local manufacturing facility within three years, a policy shift tha

Abu Dhabi’s ADIA explores investment in India’s Pocket FM, sources say

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 platf

Paytm secures license it needed to survive

India’s Paytm has secured a vital license it needed to survive and maintain continuity of several core features of its eponymous payments app, a day before the firm’s banking unit is sched

Reliance buys Paramount’s stake in Indian media Viacom18 for $517 million

Mukesh Ambani’s Reliance is buying Paramount Global’s 13% stake in Viacom18 for $517 million as Asia’s richest man broadens his entertainment business just weeks after striking a mul

Teachers’ Venture Growth mints new unicorn in Indian fintech Perfios

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

Google won’t let you use its Gemini AI to answer questions about an upcoming election in your country

If you want to ask Google’s AI chatbot a question about an upcoming election, you will have to do it from a country where there are no elections taking place. TechCrunch has learned that the sea

Peak XV to launch perpetual fund backed by own partners, other leaders

Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, according to an internal memo and a source familiar with the matter. The venture firm seeks

Quick commerce is making fast inroads in India

Even as quick commerce is slowly fading in many markets and several heavily funded startups have folded shop in the past two years, India is emerging as a striking outlier where the model — of d

Baron boosts Swiggy valuation to $12.16B, above prior private market value

Baron Capital, an investor in Indian food delivery startup Swiggy, has increased the value of its stake in the Indian firm, implying a valuation of $12.16 billion, surpassing the $10.7 billion post-mo

India’s smartwatch market in flux as unknown brands challenge heavyweights

India’s smartwatch market has transformed, seemingly overnight. For years, it has been dominated by its homegrown players, while global giants like Apple and Samsung have struggled for presence,

India’s Election Commission fixes privacy flaws that exposed citizens’ information-seeking data

India’s federal election commission has fixed flaws on its website that exposed data related to citizens’ requests for information related to their voting eligibility status, local politic

India’s Flipkart readies quick-commerce play

The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving their orders instantly after making their purchase

Google temporarily restores Indian firms’ apps on Play Store after regulatory intervention

Indian firms whose apps were delisted by Google last week have begrudgingly started to comply with Play Store billing rules to get their apps back on the store.

India reverses AI stance, requires government approval for model launches

India has waded into global AI debate by issuing an advisory that requires “significant” tech firms to get government permission before launching new models. India’s Ministry of Elec

Camshaft says Byju’s unit is beneficial owner of $533M funds

Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of Indian edtech group Byju’s, was transferred to another 100% and U.S.-based

India approves $15B in semiconductor plant investments

India has approved allocating up to $15.2 billion (1.26 trillion Indian rupees) to build three new semiconductor plants, including its first semiconductor fab facility — part of the country&#821

Ambani’s Reliance and Disney merge India media assets to form $8.5B joint venture

Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India, creating the largest media entity in the world’s most populous nation. Reliance, which will control the j

India lays foundations for a new spaceport dedicated to smaller launches

The Indian Space Research Organisation (ISRO) has received the go-ahead to construct a new spaceport in Tamil Nadu, with which it aims to help private players launch small rockets in space with less f
Load More