india

India court permits Byju’s key shareholder meeting for $200M rights issue

Byju’s secured favorable outcomes in two court hearings Thursday, paving the way for the embattled edtech startup to move ahead with the extraordinary general meeting scheduled for Friday. On Th

Accel rethinks early-stage startup investing in India

By any benchmark, Accel is among the top venture firms in India. With nearly two dozen Indian unicorn startups, including several category leaders, Accel’s track record speaks for itself. Yet th

Crypto exchange OKX ceases services in India; KuCoin becomes FIU compliant

Updated at 12.16am IST, March 23: KuCoin said it has become the first global crypto exchange to comply with India’s FIU. KuCoin said it will support local banks in India and other fiat entities

Star partner at Indian venture firm Nexus to leave and launch own fund

Sameer Brij Verma, a high-profile investor at the venture firm Nexus, will be leaving the fund later this year, he confirmed to TechCrunch, in a move that has sent shock waves through the Indian VC in

India will fact-check online posts about government matters

Updated at 1.30pm IST, March 21: India’s Supreme Court has put the gazette notification on hold until petitions challenging it have been resolved. In India, a government-run agency will now mon

India’s electric two-wheeler startups surge to over 150 as government revs up EV push

The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to

India drops plan to require approval for AI model launches

India is walking back on a recent AI advisory after receiving criticism from many local and global entrepreneurs and investors. The Ministry of Electronics and IT shared an updated AI advisory with in

India orders antitrust probe into Google’s app store billing practices

India’s antitrust regulator has ordered an investigation into Alphabet’s Google amid a dispute with some Indian developers over its in-app billing system, saying the U.S. tech giant imple

India cuts import taxes on EVs in win for Tesla’s entry plans

India will lower import taxes on certain electric vehicles for companies committing to invest at least $500 million and setting up a local manufacturing facility within three years, a policy shift tha

Abu Dhabi’s ADIA explores investment in India’s Pocket FM, sources say

Abu Dhabi’s sovereign wealth fund ADIA is in talks to back Pocket FM in a large new round of funding, two sources familiar with the matter told TechCrunch, as the Indian audio-storytelling platf

Paytm secures license it needed to survive

India’s Paytm has secured a vital license it needed to survive and maintain continuity of several core features of its eponymous payments app, a day before the firm’s banking unit is sched

Reliance buys Paramount’s stake in Indian media Viacom18 for $517 million

Mukesh Ambani’s Reliance is buying Paramount Global’s 13% stake in Viacom18 for $517 million as Asia’s richest man broadens his entertainment business just weeks after striking a mul

Teachers’ Venture Growth mints new unicorn in Indian fintech Perfios

Teachers’ Venture Growth, the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, is investing $80 million in Perfios, an Indian fintech that provides real-time credit

Google won’t let you use its Gemini AI to answer questions about an upcoming election in your country

If you want to ask Google’s AI chatbot a question about an upcoming election, you will have to do it from a country where there are no elections taking place. TechCrunch has learned that the sea

Peak XV to launch perpetual fund backed by own partners, other leaders

Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, according to an internal memo and a source familiar with the matter. The venture firm seeks

Quick commerce is making fast inroads in India

Even as quick commerce is slowly fading in many markets and several heavily funded startups have folded shop in the past two years, India is emerging as a striking outlier where the model — of d

Baron boosts Swiggy valuation to $12.16B, above prior private market value

Baron Capital, an investor in Indian food delivery startup Swiggy, has increased the value of its stake in the Indian firm, implying a valuation of $12.16 billion, surpassing the $10.7 billion post-mo

India’s smartwatch market in flux as unknown brands challenge heavyweights

India’s smartwatch market has transformed, seemingly overnight. For years, it has been dominated by its homegrown players, while global giants like Apple and Samsung have struggled for presence,

India’s Election Commission fixes privacy flaws that exposed citizens’ information-seeking data

India’s federal election commission has fixed flaws on its website that exposed data related to citizens’ requests for information related to their voting eligibility status, local politic

India’s Flipkart readies quick-commerce play

The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving their orders instantly after making their purchase
Load More