india

Aspora gets $50M from Sequioa to build remittance and banking solutions for Indian diaspora

India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029. This means there is an […]

Aspora gets $50M from Sequioa to build remittance and banking solutions for Indian diaspora Read More »

Meta to start selling its Ray-Ban smart glasses in India from May 19

Meta said on Tuesday its Ray-Ban Meta smart glasses would be available for sale in India starting May 19 at a starting price of ₹29,990 (about $353). The smart glasses are currently available for pre-order on Ray-Ban’s site, and will be stocked in Ray-Ban stores at launch. Meta said the smart glasses launching in India

Meta to start selling its Ray-Ban smart glasses in India from May 19 Read More »

BluSmart investors propose $30M in new funding to revive the Uber rival

A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup that abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: its contingent on BluSmart co-founder Anmol Singh Jaggi agreeing to resign. The proposed

BluSmart investors propose $30M in new funding to revive the Uber rival Read More »

Uber-rival BluSmart investors propose resolution with $30M backing for its revival

A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup that abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: its contingent on BluSmart co-founder Anmol Singh Jaggi agreeing to resign. The proposed

Uber-rival BluSmart investors propose resolution with $30M backing for its revival Read More »

India’s Uber-rival BluSmart appears to suspend service in wake of EV loan probe

BluSmart, India’s all-electric cab-hailing startup that was once seen as an emerging rival to Uber, appears to have suspended service in some cities just as the country’s market regulator launched a probe into Gensol Engineering, the publicly listed company that shares two of its co-founders. The cab service, which had been operating in Delhi-NCR, Bengaluru,

India’s Uber-rival BluSmart appears to suspend service in wake of EV loan probe Read More »

India’s BluSmart swept up in Gensol investigation alleging misuse of EV loans

India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as an emerging Uber rival in the South Asian market, has also been swept up into the investigation. The Securities and Exchange Board of India (SEBI)

India’s BluSmart swept up in Gensol investigation alleging misuse of EV loans Read More »

Apple might import more iPhones from India to side-step China tariffs

Apple is considering importing more iPhones from India to side-step the 54% additional tariffs on goods imported from China that U.S. President Donald Trump announced last week, the Wall Street Journal reported, citing anonymous sources. The company sees this as a short-term measure while it seeks to negotiate with the Trump administration to get an

Apple might import more iPhones from India to side-step China tariffs Read More »