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 […]
360 One lifts its valuation of India’s National Stock Exchange to $29.9B Read More »
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
India’s open commerce network expands into digital lending Read More »
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
India’s trade minister decries e-commerce growth, Amazon’s ‘predatory’ pricing Read More »
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
Amazon considers moving Amazon Pay into a standalone app in India Read More »
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
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
India’s top court clears way for Byju’s insolvency proceedings Read More »
On Tuesday at its Made by Google event, Google announced that the new Pixel 9 line is coming to India. The news also finds the company’s new foldable launching in the world’s second largest smartphone market for the first time. Google is expanding its sales channels in the country by partnering with two offline retail
Google faces headwinds as it brings Pixel 9 to India Read More »
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
Zepto hits $5B valuation as quick commerce heats up in India Read More »
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,
Why this AI startup is betting on voice-enabled bots to scale AI adoption in India Read More »
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
Google begins shipping locally made Pixel 8 in India ahead of Pixel 9 launch Read More »
