India

Meta Verified arrives in India, now honors ‘legacy’ verified badges

Meta Verified, the Facebook and Instagram owner’s recently launched paid verification system, is expanding to India, the company announced today via post from CEO Mark Zuckerberg on his Instagra

Indian EV two-wheeler startup River raises $15M led by Dubai’s Al Futtaim Group

River, an Indian EV startup that introduced its first two-wheeler in February, has raised $15 million in a funding round led by Dubai’s Al Futtaim Group. With today’s funding round, the st

Sequoia splits China and India arms from US mothership to avoid ‘portfolio conflict’ and ‘market confusion’

Sequoia plans to split into three entities — Sequoia Capital in the U.S. and Europe, Peak XV Partners in India and Southeast Asia, and HongShan in China — as the storied venture firm separ

India’s open e-commerce network expands to B2B transactions

The Indian government-backed open e-commerce network has been expanded to facilitate business-to-business (B2B) transactions — months after enabling transactions between consumers and merchants over

NestAway, once valued at over $225 million, sells for $11 million

Proptech firm Aurum is acquiring NestAway, a once high-flying Indian startup operating in the same space, for up to $10.9 million, in a deal that marks a near complete erosion in value for the startup

Puneet Chandok, AWS India and South Asia head, has resigned

Puneet Chandok, the head of AWS in India and South Asia, has resigned, according to two sources familiar with the matter, a surprise move just weeks after the cloud giant pledged to invest over $12 bi

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

New regulation in India seeks to stub out tobacco glorification on streaming platforms

India’s health ministry has unveiled stringent guidelines for on-demand video streaming services, necessitating warnings about smoking and the use of other tobacco products when such activities

Coupang says no plans to enter India

Coupang doesn’t plan to enter the Indian market, the company said, refuting a local media report that claimed that the South Korean e-commerce firm had expressed interest in entering the South A

BlackRock cuts Byju’s valuation by nearly two-thirds to $8.4 billion

BlackRock, a minority investor in Byju’s, has yet again cut the valuation of its holding in the Bengaluru-based startup, this time to about $8.4 billion, even as the most valuable Indian startup

Reliance’s JioCinema breaks world record with free cricket streaming

India’s JioCinema broke the global record for the most concurrent views to a livestreamed event on Monday, eclipsing a long-standing milestone set by Disney’s Hotstar, as the Asian tycoon

Krafton’s popular Battlegrounds Mobile India, successor to PUBG, returns

Krafton’s Battlegrounds Mobile India, the once chart-topping mobile game in the South Asian market, is now available to download on Android and iOS nearly a year after being ousted due to nation

Info Edge, reeling from Rahul Yadav’s startup loss, now writes off Bijnis

Info Edge, the largest shareholder in Bizcrum Infotech, the holding firm of Bijnis, has written off its entire investment in the Indian startup, citing “principles of conservatism and prudence,&

Ambani’s Reliance targets Indian fashion e-commerce with low-cost model

Reliance Industries, run by India’s richest man Mukesh Ambani, is gearing up to deploy a winning strategy from its past playbook for the fashion market: low-cost products. Ajio, Reliance’s ret

Bernstein pegs Reliance as India’s eventual e-commerce kingpin

The Indian conglomerate Reliance is poised to outpace Amazon and Walmart-backed Flipkart in the race for the country’s $150 billion e-commerce market, analysts at Bernstein projected in a scath

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

Top Indian tech advocacy group replaces Big Tech execs following criticism

The Internet and Mobile Association of India, an influential tech industry body, has appointed Dream Sports co-founder and chief executive Harsh Jain as the new chairperson of the association, bucking

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

Microsoft’s AI reaches Indian villages

Merely months have passed since Microsoft and OpenAI unveiled ChatGPT to the world, sparking a fervor among tech enthusiasts and industry titans. Now, the technology that underpins this generative AI
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