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ShareChat’s valuation drops below $2B after new funding round
By Manish Singh | |
Social media startup ShareChat’s valuation has fallen to $2 billion…
India-Pakistan cricket match helps Disney’s Hotstar set global streaming record
By Manish Singh | |
In India, few events garner as much attention as a…
Prosus-backed fast-fashion startup Virgio, valued at $161 million, shuts down
By Manish Singh | |
Fast-fashion startup Virgio, founded by former Myntra chief, is shutting…
Netflix’s 6.5M India subscribers dwarfed by Prime Video and Disney, Bernstein says
By Manish Singh | |
Netflix has “not succeeded” in scaling up its business in…
WestBridge seeks to buy stake in India’s Meesho
By Manish Singh | |
WestBridge Capital is in advanced stages of talks to purchase…
Amazon to invest as much as $4 billion in AI startup Anthropic
By Manish Singh | |
Amazon has agreed to invest up to $4 billion in…
Walmart’s PhonePe launches app store with zero fee in challenge to Google
By Manish Singh | |
PhonePe launched the Indus AppStore Developer Platform on Saturday, promising…
Google-backed Indian audio platform Kuku FM raises $25 million
By Manish Singh | |
Google-backed audio content platform Kuku FM has raised $25 million…
Prosus, Naspers CEO Bob van Dijk abruptly steps down
By Manish Singh | |
Bob van Dijk, the chief executive of Dutch e-commerce investor…
WhatsApp denies exploring ads on the chat app
By Manish Singh | |
Meta on Friday disputed a media report that claimed the…
Perfios raises $229 million for its real-time credit underwriting solutions
By Manish Singh | |
Perfios, an Indian fintech that provides real-time credit underwriting solutions…
Indian fintechs amplify sound box pitches to woo merchants
By Manish Singh | |
Some of India’s biggest fintech startups are making deeper inroads…
Walmart has spent $3.5 billion this year to increase stake in Flipkart
By Manish Singh | |
Walmart spent $3.5 billion this year to acquire shares from…
Y Combinator removes Indian startup over ‘irregularities’
By Manish Singh | |
Storied venture firm Y Combinator has terminated its association with…
PhonePe dives into stock and mutual fund arena
By Manish Singh | |
India’s PhonePe is getting into stock and mutual fund investment,…
Byju’s says restructuring businesses | TechCrunch
By Manish Singh | |
Three senior executives are leaving Byju’s as part of a…
Zepto becomes India’s first 2023 unicorn with $200 million fresh funding
By Manish Singh | |
Instant grocery delivery startup Zepto has raised $200 million in…
Reliance spin-off Jio Financial Services makes muted market debut
By Manish Singh | |
For years, the Indian market has been anticipating for a…
Indian court ruling threatens Google’s advertising revenue model
By Manish Singh | |
The Delhi High Court has ruled that Google’s Ads Programme…
Disney’s Hotstar loses 12.5 million subscribers in a quarter amid cricket shortfall
By Manish Singh | |
Disney+ Hotstar lost nearly a fourth of its customer base,…
Ant Financial to transfer 10.3% Paytm stake to Vijay Shekhar Sharma
By Manish Singh | |
Vijay Shekhar Sharma, founder and chief executive of Paytm, has…
Flipkart-backed Shadowfax nears $60 million funding led by TPG NewQuest
By Manish Singh | |
Indian logistics startup Shadowfax is finalizing a funding round of…
Fidelity deepens valuation cut for SaaS startup Gupshup
By Manish Singh | |
Fidelity has slashed the estimated worth of its holding in…
Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake
By Manish Singh | |
Walmart paid $1.4 billion to buy out Tiger Global’s remaining…
Prosus breaks silence on Byju’s, says Indian edtech ‘regularly disregarded advice’
By Manish Singh | |
A key Byju’s investor has gone on record to express…
Sam Altman’s Worldcoin eyeball-scanning crypto project launches
By Manish Singh | |
Worldcoin, Sam Altman’s audacious eyeball-scanning crypto startup, has started the…
Shark Tank India investors fall short on pledges
By Manish Singh | |
Over a year following the inaugural season of the Indian…