Manish Singh

Foxconn is investing another $500 million in its India business as it ramps up its plans to expand its chipmaking factories in the South Asian market that is slowly becoming a key hardware hub for App

Indian venture firm Blume has raised morfe than $250 million for a new fund, its fourth and largest, as it looks to get more aggressive in courting early-stage startups and going deeper into supportin

Telegram Premium has amassed more than 1 million subscribers, less than six months after the popular instant messaging app launched the paid offering and began a serious effort to monetize the busines

Amazon is inching closer to launching Prime Gaming, its subscription service that offers free access to a number of titles and which ships bundled with Amazon Prime and Video plans, to its members in

The Indian arm of SBM Bank, one of the banks that has aggressively worked with fintech startups in the South Asian market, is engaging with investors to raise capital and pitching the vision of becomi

Indian consumer nutrition platform HealthKart has raised $135 million in a new financing round as it looks to expand in international markets and shore up cash to buy firms, it said Monday. Temasek le

Sam Bankman-Fried, the former chief executive of FTX, indicated on Sunday that he is unlikely to testify in the upcoming U.S. House committee’s hearing on the collapse of his crypto exchange, sa

India won’t enforce a check on the market share for players operating on the homegrown payments network until December 31, 2024 in a surprising extension to the deadline that analysts say is a m

DeHaat, a startup that offers a wide range of agricultural services to farmers in India, has raised $60 million in a new funding round as it looks to deepen its penetration in the country and reach br

European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions,” is fueled by speculation and the recent erosion in its value indicates that it is on the

Telegram has disclosed names of administrators, their phone numbers and IP addresses of channels accused of copyright infringement in compliance with a court order in India in a remarkable illustratio

India will undertake the first pilot for retail digital currency on December 1, the central bank said Tuesday, extending the test to evaluate the creation and distribution of the e-rupee in the South

CRED is acquiring CreditVidya, a SaaS startup that helps firms underwrite first-time borrowers, in the latest of a series of investments from the Bengaluru-headquartered fintech as it broadens its inf

Amazon is shutting down its wholesale distribution business in India, the latest in a series of retreats for the retailer in the key overseas market where it has deployed over $7 billion in the past d

Amazon will shut down its food delivery business in India by the end of the year, the retailer said Friday, retreating from a $20 billion vertical it entered less than three years ago. The retailer wi

Amazon will be shutting down Amazon Academy, an online learning platform it launched in India for high school students last year, the company said Thursday. The retailer says it will wind down the edt

Shares of Delhivery hit an all-time low of 317 Indian rupees ($3.88) Wednesday, cutting its market cap to $2.8 billion, falling below the valuation at which it raised capital from private investors in

Amazon has set up its second AWS region in India and says the cloud unit will invest more than $4.4 billion in the South Asian market by 2030, part of the company’s attempts to widen its growing

Shares of Paytm ended Tuesday at an all-time low of 477 Indian rupees ($5.8), a week after the lockup period for early backers of the Indian financial services firm ended last week and mounting concer

The funding winter for the startup ecosystem may continue for another 12 to 18 months and the industry might have to grapple with a “lot of turmoil and volatility,” e-commerce giant Flipkart chief