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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. With a holiday-impacted week behind us, we hope that you are r

Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread early this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30. At just 28, the Flipk

Spinny, a Gurgaon-based startup that operates a platform to facilitate the purchase and sale of used cars, is the latest firm to become a unicorn in the world’s second-largest internet market. Spinn

Blume Ventures said on Wednesday it has raised $105 million in the first close of its fourth fund, less than two years after finalizing its previous fund, as investment activity intensifies in the wor

India plans to introduce, evaluate and enforce a bill to prohibit “all private cryptocurrencies” in the country, according to a legislative agenda for the winter session. The Indian govern

An Indian startup that is improving the way millions of people in the nation lease or buy an apartment is the latest firm to become a unicorn in the South Asian market. Bangalore-based NoBroker has ra

Paytm's IPO price was simply too high compared to its recent financial results. Trailing results matter as well, and Paytm's were just too weak to support its IPO price.

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Happy Monday everyone, and welcome to a holiday week here in t

ByteDance is shutting down its edtech business in India, the company informed the local team on Monday, according to two sources directly familiar with the matter. The decision follows weeks-long disc

Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as the e-commerce battle intensifies in the world’s second-largest internet market.

An electric vehicle is, essentially, just “software on wheels”, and requires lots of moving parts, not physical but, of course, virtual. That software needs to continually optimize the per

After years of ignoring consumer demand for in-app lyrics, particularly in the U.S., Spotify announced today it will make a new Lyrics feature available to all global users, both Free and Premium, acr

Google will roll out support for Hinglish, a mix of Hindi and English, and a range of additional features to its payments app Google Pay in India as the global tech giant makes a further push to expan

Google has formed a key partnership to help provide loans to micro and small businesses in India, the firm announced at its annual event for the South Asian market. The company said it has partnered w

Indian fintech giant Paytm, backed by SoftBank and Alibaba, lost more than 27% in its first day of trading Thursday. The valuation of the firm, which raised $2.5 billion in India’s largest init

Peter Thiel’s Valar Ventures has doubled down its bet on Velocity, which operates a revenue-based financing platform for e-commerce and direct-to-consumer businesses in India, just months after it f

The Indian government “strongly feels” that advertisements by cryptocurrency exchanges that promise customers wild profits and are not transparent about the volatile nature of such trading must be

When it comes to fundraising or types of capital, optionality has been the term du jour in the current tech environment.

SoftBank Group chief executive Rajeev Misra said the fund has invested $3 billion in Indian companies this year and can invest $5 billion to $10 billion next year, the latest aggressive play by a top

People subscribe to music, so why wouldn’t they subscribe to carbon offsetting to alleviate their conscience about the climate crisis? That’s partly the thinking behind U.K. startup Ecologi, which