india

Indian grocery startup Citymall raises $47M to challenge ultra-fast delivery giants

Fundraising /

Indian e-commerce startup Citymall, which focuses on budget-focused grocery delivery for tier 2 and tier 3 towns, said today that it has raised $47 million in Series D funding led by Accel, with participation from existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures. The Series D round […]

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Pocket FM gives its writers an AI tool to transform narratives, write cliffhangers, and more

Apps /

India-based audio series platform maker Pocket FM aims to be the Netflix of audio. That is, the company intends to match its audio series with hundreds of episodes to its users’ tastes. For that to work, it needs to release content rapidly — something it’s now turning to AI to help with. The Lightspeed-backed startup

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

Fundraising /

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

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

Gadgets /

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

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

Transportation /

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

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

Startups /

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

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

Transportation /

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,

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