india

Krafton acquires controlling stake in Indian gaming studio Nautilus Mobile for $14M

Startups /

Krafton, South Korea’s gaming giant known for titles including PUBG: Battlegrounds and Battlegrounds Mobile India (BGMI), has acquired a controlling stake in 12-year-old Indian gaming studio Nautilus Mobile for $14 million in an all-cash deal. On Friday, the South Korean gaming company confirmed to TechCrunch that it has acquired a “north of 75% stake” in […]

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Times Internet spin-out Abound raises $14M to let more Indian Americans send money home

Fintech /

Abound, a remittance app that was spun off by Times Internet in 2023, has raised $14 million in its first external funding round as it aims to reach more Indian expats in the U.S. Remittance flows to India are rising as the Indian diaspora spreads worldwide. In 2024, the South Asian country recorded $129.1 billion

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X users treating Grok like a fact-checker spark concerns over misinformation

AI /

Some users on Elon Musk’s X are turning to Musk’s AI bot Grok for fact-checking, raising concerns among human fact-checkers that this could fuel misinformation. Earlier this month, X enabled users to call out xAI’s Grok and ask questions on different things. The move was similar to Perplexity, which has been running an automated account

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Garantex administrator arrested in India under extradition law

Cypto /

Indian police have arrested the co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the European Union and the U.S. government, under India’s extradition law, TechCrunch has exclusively learned and confirmed with state authorities. At 4 p.m. local time (3:30 a.m. PT) on Tuesday, the state police of Kerala arrested Lithuanian national Aleksej Besciokov in

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Zolve, a neobank for global citizens moving to the US, raises $51M and secures $200M debt

Fintech /

Zolve, a neobank that helps provide financial access to high-skilled and high-spending global citizens moving to the U.S., has raised $251 million in a new (equity and debt mix) funding round as the startup aims to expand its presence and enter new geographies. Every year, millions of highly skilled people move to countries like the

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Some say passkeys are clunky — this startup wants to change that

Security /

Passwords are ubiquitous, despite not being foolproof and cannot alone protect your online identity. Almost one-third of data breaches reported over the past decade happened due to stolen credentials, per Verizon, including some of the biggest breaches of all time. Instead, the industry has largely found passkeys arguably the most prominent solution to replace passwords.

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Infineon teams up with India’s CDIL to explore business in light EVs, energy storage solutions

Transportation /

Infineon Technologies, Germany’s leading semiconductor manufacturer, has partnered with India’s six-decade-old chipmaker CDIL Semiconductors to tap into emerging business opportunities in the South Asian nation. The partnership aims to support India’s transition to electric mobility and renewable energy, both of which rely heavily on power semiconductors. India, the world’s most populous country with over 1.4

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