The Latest from Jagmeet Singh
‘Stranger Things’ game developer BonusXP is shutting down
BonusXP, the game studio that worked with Netflix to kick off its gaming initiative and introduced “Stranger Things” titles on mobile devices, as well as on desktop and consoles, is shutti
Indian SaaS startup Capillary Technologies grabs $45M to expand globally
Capillary Technologies, an Indian SaaS startup that offers solutions for loyalty management and customer engagement, has raised $45 million in a funding round, as it plans to expand into global market
India kicks off a pilot to become electronics repair capital of the world
After expanding its footprint in manufacturing smartphones and other tech devices, India is looking to become the electronics repair capital of the world, taking the crown from China and Malaysia, whi
Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch
Taxfix leaped to a $1 billion valuation in 2022 on the back of a popular mobile app used by consumers to help with tax returns. But fast-forward to 2023, and the Berlin-based accounting startup is tak
OpenAI’s ChatGPT iOS app now available in Canada, India, Brazil and 30 more countries
OpenAI has expanded the availability of its ChatGPT app for iOS users in India and more than 30 other countries — just a week after its launching it in the U.S. The list of new countries include Alg
Amazon backs Indian kids fashion brand Hopscotch in $20M funding
Hopscotch, an Indian brand offering fashion wear for kids, has raised $20 million in a funding round led by Amazon amid the ongoing market slowdown and funding crunch that have significantly impacted
Reliance’s Zivame customers say their accounts were hacked
Some customers of Zivame, an Indian online women’s intimate apparel store owned by Reliance Retail, have complained that their accounts were hacked, leading to the exposure of their personal inf
Tiger Global backs Indian industrial IoT startup Infinite Uptime in $18.8M funding round
Infinite Uptime, an Indian industrial IoT startup that offers predictive maintenance solutions for machinery, has secured an additional $18.85 million as part of an ongoing funding round led by Tiger
Apple is on the hunt for generative AI talent
Apple, like a number of companies right now, may be grappling with what role the newest advances in AI are playing, and should play, in its business. But one thing Apple is confident about is the fact
India introduces a $2B program to boost local IT hardware production
India wants to be a bigger player in the global hardware manufacturing industry, and it sees a route to boosting local economies while doing so. Now, it’s putting some money where its mouth is.
WhatsApp rolls out back-end fixes to address spam calls impacting Indian users
WhatsApp has announced that it has introduced back-end updates to tackle spam calls, which are particularly prevalent in India right now. It has impacted many users in the last few days and eventually
Hyundai Motor to invest $2.45B in India by 2032 to boost EV ecosystem
Hyundai Motor has announced that it plans to invest $2.45 billion (200 billion Indian rupees) over the next 10 years in the southern Indian state of Tamil Nadu to bolster its plans for electric vehicl
OpenAI closes $300M share sale at $27B-29B valuation
Updated to note that the Microsoft investment closed in January. The money from VCs reported here, part of a tender offer, is separate to that. OpenAI, the startup behind the widely used conversationa
Intuit’s shift
If artificial intelligence feels like it is taking over the world, that feeling has become an anxious obsession among larger tech companies. These are organizations that have typically thrived secure
China’s MG Motor launches compact hatchback EV in India for urban mobility
MG Motor, also called Morris Garages, introduced Wednesday its second EV in India — called Comet EV — targeting the masses looking for a compact vehicle for urban mobility. The British brand, a u
Apple captures nearly half of global refurbished smartphone market
About half of refurbished smartphones sold globally were iPhones, as Apple’s sales in the category grew 16% year-on-year in 2022. The new figures arrives by way of Counterpoint Research, marking
India releases space policy detailing public and private cooperation guidelines
After much anticipation and a series of consultations and feedback from various stakeholders, India has finally released its much-awaited policy establishing guidelines and rules for the country’
Truecaller brings live caller ID to iPhone… but with a catch
Truecaller has been a known name in the app market globally — thanks to its eponymous caller-identification service. Its active user base these days numbers 338 million, but it could be bigger: A la
Lightspeed fuels Indian workspace interiors platform Officebanao with $6M funding
Officebanao, an Indian startup offering a workspace interiors platform to businesses in the country, has raised $6 million in seed funding led by Lightspeed. In India’s competitive workspace int
Google to prohibit personal loan apps from accessing user photos, contacts
Google plans to restrict apps that offer loans to individuals from accessing sensitive user data such as photos, videos and contacts, as the Android maker steps up its response to the rise of predator