Sam Altman, Peak XV, and Daniel Gross and Nat Friedman’s AI grant are among backers of an AI startup, founded by two teenagers, that’s aiming to assist businesses in automating numerous wo
WestBridge Capital is in advanced stages of talks to purchase shares of Meesho worth tens of millions of dollars in the secondary market, according to two people familiar with the matter, as the high-
Saregama has acquired a 51.82% stake in the digital entertainment startup Pocket Aces as the oldest Indian music label makes a deeper push into videos. Saregama is paying about $20 million for the 51.
Byju’s plans to cut as many as 5,000 jobs in the coming weeks, a person familiar with the matter said, as the Indian edtech giant looks to pare down costs amid a broader restructuring of its bus
GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating
Amazon has agreed to invest up to $4 billion in the AI startup Anthropic, the two firms said, as the e-commerce group steps up its rivalry against Microsoft, Meta, Google and Nvidia in the fast-growin
PhonePe launched the Indus Appstore Developer Platform on Saturday, promising zero platform fees and no commissions on in-app purchases as the Walmart-backed fintech races to win Android developers in
Saregama is in talks to acquire Pocket Aces as the oldest Indian music label eyes ramping up its video ambitions.
Google-backed audio content platform Kuku FM has raised $25 million in a new funding round as it looks to make deeper inroads with its audiobook offerings in the South Asian market. Indian billionaire
The most recent cohort from Y Combinator features more than 200 startups. More than a record half of the S23 startups focus on AI applications, highlighting a dominant trend we can expect in the comin
Bob van Dijk, the chief executive of Dutch e-commerce investor Prosus and its controlling shareholder Naspers, has resigned from the top role, including the boards, with immediate effect. Ervin Tu, Pr
Koo, India’s alternative to Twitter, is looking to find a strategic partner with a “distribution strength” as it enters its “next phase,” according to its co-founder, ami
Meta on Friday disputed a media report that claimed the social giant was exploring bringing ads to the popular messaging app WhatsApp. Financial Times earlier reported that some teams at Meta had eval
Apple has extended support for NavIC to some of the new iPhone 15 models, seemingly complying with New Delhi’s push to adopt India’s home-grown alternative to the GPS navigation system. On
When Apple begins selling the iPhone 15 models in India next week, it will supposedly be offering units that were locally assembled in the country. Apple, like every other smartphone maker, is increa
Indian consumers, traditionally seen as price-conscious, are showing a growing appetite for premium items across a range of sectors, from real estate to smartphones and luxury hotels. The trend, docum
KKR is doubling down on its bet in Reliance Retail, valuing India’s largest retail chain at $100 billion in a fresh $250 million investment. The deal follows the Qatar Investment Authority investing
India will reconsider allowing local firms to list on foreign exchanges, including the London Stock Exchange, Finance Minister Nirmala Sitharaman said Monday, in a move that could allow startups in th
Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and non-banking financial institutions, has raised $229 million in a new funding round as it looks to deepen i
Coinbase said Monday that it has disabled new user sign-ups on its exchange product in India but remains committed to the country, where its operations have been in limbo for over a year. The clarific
Load More