india

Jio Platforms backs SF-based AR gaming startup Krikey

Jio Platforms, the biggest telecom operator in India and which has raised over $20 billion from Facebook, Google and other high-profile investors this year, is leading a financing round of a San Franc

Qualcomm announces the new Snapdragon 888 chip

Qualcomm kicked off an all-virtual version of its annual summit this morning by announcing the launch of the the Snapdragon 888 platform. The chipmaker is clearly saving some key information for later

Despite everything, Oyo still has $1 billion in cash

India’s Oyo has been one of the worst impacted startups with the coronavirus, but it has enough cash to steer through the pandemic and then look at funding further scale, a top executive says. In a

India sets rules for commissions, surge pricing for Uber and Ola

Ride-hailing firms such as Ola and Uber can only draw a fee of up to 20% on ride fares in India, New Delhi said in guidelines on Friday, a new setback for the SoftBank-backed firms already struggling

Tiger Global invests in India’s Unacademy at $2 billion valuation

Unacademy, an online learning platform in India, has added two more marquee investors to its cap table. The Bangalore-based startup, which focuses on K-12 online education, said on Wednesday it has ra

Police case filed against Netflix executives in India over ‘A Suitable Boy’ kissing scene

Netflix, which has invested more than $500 million to gain a foothold in India in recent years, is slowly finding out what all could upset some people in the world’s second-largest internet market:

Following its acquisition by BuzzFeed, HuffPost shuts down its Brazil and India editions

HuffPost is becoming part of BuzzFeed, but HuffPost India and HuffPost Brasil will not be making the transition — both sites are shutting down today. “Today is @huffpostIndia’s last day,&#82

India bans 43 more Chinese apps over cybersecurity concerns

India is not done banning Chinese apps. The world’s second-largest internet market, which has banned more than 175 apps with links to the neighboring nation in recent months, said on Tuesday it was

YC-backed Cashfree raises $35.3 million for its payments platform

Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering. The Ban

7 things we just learned about Sequoia’s European expansion plans

Sequoia Capital, the renowned Silicon Valley venture capital firm that has backed companies like Apple, Google, Dropbox, Airbnb and Stripe, recently disclosed that it had opened its first office in Eu

Byju’s-owned Indian startup WhiteHat Jr sues critics

Karan Bajaj, an Indian entrepreneur who teaches meditation and in his recent book invites others to live a life away from the noise, is going after the most vocal critics of his startup. Bajaj, founde

OneWeb emerges from bankruptcy, aims to begin launching satellites again on December 17

Broadband communication satellite company OneWeb has emerged from its Chapter 11 bankruptcy protection status, the company announced today. It’s now also officially owned by a consortium consist

How China’s Realme sold 50 million phones in just over 2 years

Starting a new phone brand in 2018 might seem too late in an already crowded market, but Sky Li was convinced that consumers between 18-25 years old were largely underserved — they needed someth

Is a new game and $100M investment enough for South Korea’s PUBG to return to India?

South Korea-based PUBG Corporation, which runs sleeper hit gaming title PUBG Mobile, announced last week that it plans to return to India, its largest market by users. But its announcement did not add

Payments app True Balance raises $28 million to reach more underbanked users in India

True Balance, a South Korean startup which runs an eponymous financial services app aimed at tens of millions of users in small cities and towns in India, said on Wednesday it has raised $28 million i

Google updates Maps with more COVID info and finally launches its Assistant driving mode

Google today announced an update to Google Maps that includes a number of new COVID-related features, as well as the ability to see the live status of your takeout or delivery orders, as well as the l

Twitter rolls out Stories, aka ‘Fleets,’ to all users; will also test a Clubhouse rival

Twitter this morning is launching its own version of Stories — aka “Fleets” — to its global user base. The product, which allows users to post ephemeral content that disappears

India’s insurance platform Turtlemint raises $30 million

Turtlemint, an Indian startup that is helping consumers identify and purchase the most appropriate insurance policies for them, has raised $30 million in a new financing round as it looks to reach mor

Ride Vision raises $7M for its AI-based motorcycle safety system

Ride Vision, an Israeli startup that is building an AI-driven safety system to prevent motorcycle collisions, today announced that it has raised a $7 million Series A round led by crowdsourcing platfo

Reliance Retail buys Urban Ladder for $24.4 million

Reliance Retail has acquired a majority stake in furniture and decor platform Urban Ladder, making a broader push into e-commerce as the largest retail chain in India gears up to fight Amazon and Flip
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