india

  • India’s Uber rival Ola to license connected car platform to vehicle makers worldwide

    India’s Uber rival Ola to license connected car platform to vehicle makers worldwide

    Ride-sharing companies the world over are branching out to go beyond just handling your car trips. In recent weeks we’ve seen Uber, the pioneer of the genre, announced its own Visa card while Southeast Asia’s Grab is developing a payment wallet that lets you pay for lunch, dinner and other small items. Now India-based Ola is doubling down on connect car technology after it… Read More

  • Hevo Data gets $1M in seed funding to streamline data integration

    Hevo Data gets $1M in seed funding to streamline data integration

    Going from food delivery to data integration might seem like an unlikely progression for a startup team, but it was a natural fit for Hevo Data’s founders. Manish Jethani and Sourabh Agarwal previously launched SpoonJoy, an on-demand restaurant delivery app in India. The challenges they encountered while analyzing data in order to improve SpoonJoy’s service inspired them to create… Read More

  • Paytm brings messaging features to India’s top digital wallet app

    Paytm brings messaging features to India’s top digital wallet app

    Paytm, India’s top digital wallet and payment service, has introduced a chat feature to amp up its appeal among an increasingly competitive market. The new ‘Inbox’ feature, which was first outed in August, is initially available on Android, which accounts for the bulk of Paytm’s claimed 200 million users, and not iOS. It allows users to share messages and photos like… Read More

  • Amazon Echo, Echo Plus and Echo Dot are now shipping in India

    Amazon Echo, Echo Plus and Echo Dot are now shipping in India

    Earlier this month, Amazon promised it would bring its Echo line of smart speakers to the competitive e-commerce battleground of India. The devices, including the Echo, Echo Plus, and Echo Dot, were initially available through an invite-only program. Today, Amazon says those orders are now shipping to customers, and will arrive in November. To encourage sales, earlier Echo adopters were offered… Read More

  • India overtakes the US to become the world’s second largest smartphone market

    India overtakes the US to become the world’s second largest smartphone market

    Move over America, India is now the world’s second largest smartphone market. That’s according to a new report from Canalys which claims smartphone shipments in India crossed the 40 million mark for the first time in Q3 2017 courtesy of 23 percent annual growth. That means that India has overtaken the U.S. on sales with only China ahead of it. Given the huge gulf in populations… Read More

  • The deal that never was: OYO says it didn’t acquire rival ZO Rooms after all

    The deal that never was: OYO says it didn’t acquire rival ZO Rooms after all

    There’s closure around one of the most curious tech deals out of India in recent times, but it isn’t the conclusion most will expect. OYO Rooms, the budget hotel network that raised $250 million in September from SoftBank’s Vision Fund and hotel giant China Lodging, confirmed today that it didn’t buy out close rival ZO Rooms despite plenty of evidence suggesting it… Read More

  • Social commerce startup Meesho gets $3.4M Series A to build a reseller network in India

    Social commerce startup Meesho gets $3.4M Series A to build a reseller network in India

    While most of the attention paid to India’s e-commerce boom focuses on big players like Flipkart, there’s another fast-growing sector: people, mostly women, who resell items on social media. Several startups now exist to serve the so-called “housewife reseller” market. One of them, Y Combinator alum Meesho, announced today that it has raised a $3.4 million Series A led… Read More

  • Ola raises $1.1B led by Tencent to fuel battle with Uber in India

    Ola raises $1.1B led by Tencent to fuel battle with Uber in India

    It’s been a long while coming but Uber’s chief rival in India is finally raising a big round, and joining the billion-dollar round club at the same time. Ola today announced that it has closed $1.1 billion in fresh financing. That’s the largest funding round in the company’s six-year history and its first major raise since November 2015 when it closed $500 million… Read More

  • Vertex Ventures closes new $210M fund for Southeast Asia and India

    Vertex Ventures closes new $210M fund for Southeast Asia and India

    Vertex Ventures, one of the VC funds linked to Singapore’s sovereign fund Temasek, has closed its third investment fund for Southeast Asia and India with a total of $210 million for investment. Vertex Venture Holdings operates five funds across the world, which include vehicles focused on the U.S., Israel and healthcare. This is the third installment of its fund for India and Southeast… Read More

  • Amazon brings Echo and Alexa to India and soon Japan, its first markets in Asia

    Amazon brings Echo and Alexa to India and soon Japan, its first markets in Asia

    As the Echo and Alexa from Amazon continue to set the pace for what to expect from voice-based interfaces and home hubs, Amazon is expanding them to Asia for the first time today. Today, the e-commerce giant announced that Echo and Alexa are now on sale in India, and later this year, they will also launch in Japan. The devices are launching “by invitation” today. Users request these… Read More

  • Facebook helps blood donation go viral

    Facebook helps blood donation go viral

    Facebook doesn’t just want to make it easy to sign up to be a blood donor from the News Feed. It’s also creating a special kind of post for requesting blood donations of a certain type in a certain location, and then notifying nearby donors that qualify. While many people are interested and willing to give blood, they might not know how to sign up, where to go, or have the… Read More

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