india

India’s Zoomcar raises $40M led by automotive giant Mahindra & Mahindra

India’s Zoomcar — which operates an on-demand car rental service — has raised a $40 million Series C round led by Mahindra & Mahindra, the 70-year-old Indian corporation that sp

Google fined $21.1M for search bias in India

Another antitrust fine for Google. India's competition commission has issued a 1.36BN rupees (~$21.1M) penalty on the search giant for abusing its dominant position in the local search market for onli

WhatsApp has launched person-to-person payments into beta in India

WhatsApp has begun testing a new payments feature in India that will allow people to send money to other WhatsApp users, excluding merchant accounts. The feature is currently in beta, according to sou

PSA: No India hasn’t banned Bitcoin — but it’s still talking tough on crypto

Reports of the death of Bitcoin in India have been greatly exaggerated.

Xiaomi beats Samsung to top spot in India’s smartphone market

Xiaomi couldn’t have wished for better timing of two reports that claim it has toppled Samsung to become India’s top-selling smartphone company. The Chinese firm, which is reportedly on a

Global app downloads topped 175 billion in 2017, revenue surpassed $86 billion

Global app downloads topped 175 billion and consumer spending exceeded $86 billion in 2017, thanks to growth in emerging markets including China, India, Brazil and Russia, according to a new report fr

Hike unbundles its messaging app to reach India’s next wave of smartphone users

How do you compete with the world’s largest chat app in its strongest market? Hike, the Indian messaging app valued at more than $1 billion, is taking a unique approach to battling WhatsApp whic

AngelList launches Syndicates in India

AngelList has expanded its syndicates program to India in the latest overseas move for the US crowdfunding platform. The launch comes some 18 months after we reported that AngelList had hired Utsav S

India’s Razorpay nabs $20M led by Tiger Global for its Stripe-like payment gateway

E-commerce remains among the biggest tech opportunities in India, one of the world’s most populated countries whose economy continues to rapidly evolve and now has over 500 million people connec

NiYO raises $13.2M to digitize payroll and employee benefits in India

Fintech startup NiYO helps salaried employees access company benefits and other financial services, and now it has raised $13.2 million to offer its services to more of the country. Founded in 2015, N

India’s national ID database is reportedly accessible for less than $10

The nightmare is a reality in India. Reports from the country suggest that the government’s national ID system — Aadhaar, which holds personal data belonging to more than one billion peopl

Alibaba Cloud is opening its first data center in India

Alibaba is bringing its cloud computing business into India as it continues to expand its fast-growing business unit. The Chinese firm said today that its first data center on Indian soil will come on

Uber rival Ola buys Foodpanda India to get into food deliveries

Ola, the Uber rival in India, is entering the food delivery space after it announced a deal to acquire Foodpanda’s India business from its parent company DeliveryHero. The deal will see Ola scoo

WheelStreet is bringing dock-less motorbikes to India’s cities

By now the world is familiar with the rise of on-demand bicycle services, which started out with Mobike and Ofo in China, but one startup is twisting the concept slightly to bring dock-less motorbikes

Google is using light beam tech to connect rural India to the internet

Google is preparing to use light beams to bring rural areas of the planet online after it announced to a planned rollout in India. Alphabet’s X — the company formerly known as Google X &#8

Teabox raises $7M for its global tea-commerce business

Teabox, the company pioneered the concept of selling tea to direct to consumers online, has served up $7 million in fresh funding to grow its five-year-old business. This new infusion of capital &#821

Uber settles lawsuit with woman who accused executives of obtaining medical records after she was raped

Uber has settled its lawsuit with a woman (Jane Doe) who accused its now-former CEO Travis Kalanick, president of business in Asia Eric Alexander and SVP of business Emil Michael of improperly obtaini

Facebook co-founder’s B Capital leads $10M investment in Indian payment startup Mswipe

B Capital, the investment firm from Facebook co-founder Eduardo Saverin backed by BCG, has stepped into India after it backed smart point-of-sale company Mswipe in its first deal in the country. The

Why America could miss out big time on India’s fintech revolution

There’s an old trope in the West that India is like Indian trains -- exotic, lurching and slow. But tropes can be bad as a business strategy -- and this trope is causing American companies to miss o

Uber’s Indian rival Ola begins offering a bicycle-sharing service

Ola, the company battling Uber in India, has turned to pedal power after it introduced a bike-sharing service. China’s Didi Chuxing and Grab in Southeast Asia have invested in bike-sharing compa
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