india

India’s trade minister decries e-commerce growth, Amazon’s ‘predatory’ pricing

Government & Policy /

India’s commerce minister Piyush Goyal on Wednesday expressed concern over the rapid growth of e-commerce in the country, warning of potential disruption to small retailers. Speaking at the launch of a report on the impact of e-commerce on employment and consumer welfare in India, Goyal said the projected dominance of online marketplaces in the coming […]

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Amazon considers moving Amazon Pay into a standalone app in India

Fintech /

Amazon is considering shifting its payments offerings in India into a standalone app, three sources familiar with the matter told TechCrunch, as the e-commerce giant aims to boost usage of Amazon Pay in the country. Amazon Pay is currently housed within the company’s primary e-commerce app in India, and lets users transfer money to individuals

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Gogoro delays India plans due to policy uncertainty, launches bike-taxi pilot with Rapido

Transportation /

Taiwanese electric two-wheeler maker Gogoro has deferred its highly ambitious plans for India, as New Delhi has not yet launched an anticipated scheme for battery swapping, a company executive said. In the meantime, the company has started a bike-taxi pilot with aggregator Rapido to test its vehicles before their commercial release. Gogoro is “forced to

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India’s top court clears way for Byju’s insolvency proceedings

Startups /

India’s top court has put on hold a tribunal ruling that halted Byju’s insolvency proceedings in a win for U.S. creditors that are seeking $1 billion from the edtech startup. The Indian Supreme Court ordered on Wednesday a stay on the National Company Law Appellate Tribunal’s recent approval of a settlement between the Indian cricket

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Zepto hits $5B valuation as quick commerce heats up in India

Commerce /

Indian grocery delivery startup Zepto has finalized a $340 million round that values it $5 billion, up from $3.6 billion in June and $1.4 billion last August, as the startup races to win market share in India’s contested quick-commerce market. sources familiar with the deal told TechCrunch. General Catalyst and Mars Growth Capital are co-leading

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Why this AI startup is betting on voice-enabled bots to scale AI adoption in India

Enterprise /

If your target market has 22 official languages and its people speak in over 19,000 dialects, does it make sense to offer a text-only AI chatbot that can function best in a couple languages? That’s the question Indian AI startup Sarvam has been working to solve, and on Tuesday it launched a series of offerings,

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Google begins shipping locally made Pixel 8 in India ahead of Pixel 9 launch

Hardware /

Google has announced the rollout of its locally produced Pixel 8 devices in India, nearly 10 months after revealing its domestic manufacturing plans for the devices, and immediately ahead of the expected Pixel 9 unveiling later this week. The Android maker confirmed to TechCrunch that the local manufacturing is currently limited to the Pixel 8 and

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India’s Kazam powers up to roll out EV charging in Southeast Asia

Transportation /

EV charging station startup Kazam plans to expand beyond India, where it already holds a significant share of the market, and into Southeast Asia to gain an early mover’s advantage, TechCrunch has exclusively learned. The Bengaluru-headquartered startup, which has offices in Delhi and Pune and city managers in 4,000 postal codes across India, is set

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