india

Indian food delivery startup Swiggy raises $210M at a $1.3B valuation

India’s food delivery race is hotting up after Swiggy, one of the startups vying for pole position, landed $210 million in new capital for expansion and joined the billion-dollar startup unicor

India’s budget hotel network unicorn OYO expands into China

The tech world sees plenty of Chinese companies move into India — including the likes of Alibaba and Xiaomi — but few expand the other way. OYO Rooms, the billion-dollar Indian startup th

Truecaller makes first acquisition to build out payment and financial services in India

Sweden’s Truecaller started out life as a service that screens calls and messages to weed out spammers. In recent times the company has switched its focus to India, its largest market based on u

CapitalG leads $21.5M investment in Aye Finance, its first fintech deal in India

India is a major part of Google’s global focus. The company launched a new product in India last week as its program to bring free WiFi to the public registered its 400th railway station. Now,

Alibaba’s Ant Financial fintech affiliate raises $14 billion to continue its global expansion

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous

Google says over 8 million people use its free WiFi service at railway stations in India

Back in 2015, Google launched an initiative to bring free WiFi to India’s railway stations and today the U.S. tech giant announced that the program has passed its target of reaching 400 stations

“Social selling” startup Meesho lands $11.5M Series B led by Sequoia India

Y Combinator alum Meesho, one of several “social selling” startups gaining speed in India, will add more features to its e-commerce platform after closing a $11.5 million Series B led by Sequoia I

India’s Locus raises $4M to expand its logistics management service worldwide

Locus, a three-year-old startup that helps companies map out their logistics, has pulled in $4 million in funding to grow its global footprint outside of its native India. The round is described as pr

PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine La

Google launches a Q&A app for neighborhood communities in India

Google is increasing its focus on India after it released a new social app that’s aimed at building neighborhood communities within cities in the country. The company’s ‘Next Billion

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes

What President Trump Doesn’t Know About ZTE

David Kline Contributor David Kline is a journalist, author and intellectual property strategist. More posts by this contributor Where human intelligence outperforms AI A new (old) way for product mak

Tencent leads $50M investment in NewsDog, an app vying to be India’s Toutiao

The growth of China’s Bytedance, an ambitious $30 billion tech firm, and its highly addictive Toutiao news aggregator app has set off a search for services with similar growth potential across t

Chinese bike-sharing giant Mobike is making big plans for India

You’d be forgiven for thinking that Chinese bike-sharing startup Mobike, which was recently acquired in a $3 billion deal, was already present in India. The company went on an aggressive global

Background screening service HelloVerify eyes growth amid India’s digital boom

As India’s internet access continues to surge among the billion-plus population, data is becoming the new oil. Whether online commerce, ride-hailing, mobile payments and banking, or more, someon

South African tech and media conglomerate Naspers made $2.2 billion from Flipkart sale

Naspers, the South African tech and media conglomerate, continues to have an incredibly hot hand when it comes to global tech investment. Famous for owning a huge chunk of the Chinese Internet powerho

Go-Jek is in talks with former Uber ally ComfortDelGro, Singapore’s top taxi firm

ComfortDelGro, Singapore’s largest taxi operator, has held talks with Go-Jek about a potential partnership that could replace its annulled agreement with Uber. Uber struck a major deal when it t

Indian lending platform Capital Float raises $22M Series C extension from Amazon

Capital Float, the fintech startup that says it is India’s largest online lender, announced today that it has raised $22 million in new funding from Amazon. At the end of last year, reports surfaced

To win back consumers, big brands should invest in R&D and innovation

The world of consumer goods is changing. Consumer tastes are becoming more and more fragmented and big incumbents continue to lose market share to upstart brands. It’s often difficult for these incu

The future of e-commerce in India increasingly looks like an all-American affair

India’s technology industry is bracing itself for the next era of e-commerce warfare, which looks set to be waged and bankrolled by two gigantic corporations located halfway across the world: Am
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