india

Dailyhunt parent VerSe’s valuation gets slashed 42% to $2.9B: investor note

Startups /

Indian tech and media startup VerSe, which operates popular news aggregator Dailyhunt, is worth about 42% below its last private valuation, according to estimates by its investor 360 One.  The wealth and asset manager disclosed in a June update to its investors that it values VerSe at $2.9 billion, according to an internal document reviewed […]

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India’s Agrim snags $17.3M to help farmers get inputs like seeds and pesticides more easily

Commerce /

Agriculture in India provides livelihood support to over 42% of its population, contributing 18% to the country’s GDP, according to government data. However, the agri-input market, which provides inputs for the sector — be it seeds, pesticides, herbicides, or cultivation and harvesting tools — largely relies on traditional channels, including local offline marketplaces. The sector

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Durex India spilled customers’ private order data

Security /

Durex India, the Indian subsidiary of the British condom and personal lubricants brand, has exposed its customers’ personal information, including their full names and order details. Security researcher Sourajeet Majumder contacted TechCrunch this week about the issue of exposing sensitive customer data on the condom maker’s website. The brand’s website spilled customer names, phone numbers,

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Zepto, snagging $1 billion in 90 days, projects 150% annual growth

Commerce /

Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the Indian delivery startup anticipates growth of 150% in the next 12 months, a remarkable figure suggesting the fast-growing quick commerce market in India is showing no signs of slowing down. Palicha shared these insights during a call organized by an

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India’s VerSe buys Valueleaf to boost digital marketing

Enterprise /

VerSe Innovation, India’s content tech unicorn that owns local language news aggregator Dailyhunt, digital newsstand platform Magzter and short-video app Josh, has acquired digital marketing firm Valueleaf Group in a cash and equity deal. Valueleaf will help VerSe to bolster its presence in the Indian digital ad space and build a significant retargeting platform, countering

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Apple TV+ free for Airtel postpaid and wi-fi customers in India

Apps /

Apple has struck a deal with Airtel to provide the Indian telecom giant’s subscribers with exclusive offers for its music streaming service. The partnership, announced on Tuesday, will also see Airtel bundle Apple TV+ for its premium customers in India, while simultaneously shuttering its own Wynk Music app. Airtel customers who have subscribed to Airtel’s

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Google’s AI overviews in Hindi need a quality upgrade

AI /

Given India’s language diversity, digital content companies already face a challenge in trying to show and translate content accurately. Google is facing a similar problem with AI overviews recently rolled out in the country. The company introduced Hindi support for AI overviews in the country earlier in August. Users in India can also switch between

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360 One lifts its valuation of India’s National Stock Exchange to $29.9B

Venture /

360 One Asset, an investor in India’s National Stock Exchange (NSE), has increased its valuation for the stock exchange to $29.9 billion, significantly higher than the $18 billion to $19 billion price tag the firm was valued at in private transactions last year.  The wealth manager, which invested in NSE through its SOF8 fund, disclosed

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India’s open commerce network expands into digital lending

Fintech /

Since its launch in 2022, India’s Open Network for Digital Commerce — a government-funded non-profit that provides a set of APIs for tech companies and others to build new digital services for shoppers and businesses — has grown to enable 12 million monthly transactions in areas like food delivery and mobility and new services from

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