india

General Catalyst merges with Venture Highway in India push

Venture /

General Catalyst, a Silicon Valley-based venture capital group, is expanding its presence in India by joining forces with local venture firm, Venture Highway, and earmarking $500 million to $1billion for investments in the country. Venture Highway’s investments include social commerce startup Meesho and B2B industrial marketplace Moglix. The two firms were said to be in talks […]

General Catalyst merges with Venture Highway in India push Read More »

Meta AI removes block on election-related queries in India while Google still applying limits

Apps /

With India’s election process completed and the new government starting its tenure in office, Meta has removed its restriction on election-related queries using its Meta AI chatbot. However, Google is still applying limits as part of its global restrictions on this type of queries. Meta’s restrictions lift means you can search for queries related to

Meta AI removes block on election-related queries in India while Google still applying limits Read More »

Google brings Gemini mobile app to India with nine Indian language support

Apps /

Google has released its dedicated AI mobile app Gemini in India — over four months after its debut in the U.S. — with support for nine Indian languages, including Hindi. The Gemini mobile app in India is based on Google’s AI Gemini 1.5 Pro and supports nine Indian languages alongside English: Hindi, Bengali, Gujarati, Kannada, Malayalam,

Google brings Gemini mobile app to India with nine Indian language support Read More »

India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation

Startups /

Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with the matter told TechCrunch.  That’s a steep decline in the Gurgaon-headquartered startup’s value, which was worth $10 billion in 2019. The startup, struggling to raise from

India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation Read More »

Google’s updated AI-powered NotebookLM expands to India, UK and over 200 other countries

AI /

Google on Thursday said it is rolling out NotebookLM, its AI-powered note-taking assistant, to over 200 new countries, nearly six months after opening its access in the U.S. The platform, powered by Google’s multimodal LLM Gemini 1.5 Pro, has also been upgraded with new features and languages to help more people use AI to generate

Google’s updated AI-powered NotebookLM expands to India, UK and over 200 other countries Read More »

Narendra Modi-led NDA’s election win signals policy continuity in India – but also spending cuts

Government & Policy /

The BJP-led National Democratic Alliance (NDA) has emerged victorious in India’s 2024 general election, but with a smaller majority compared to 2019. According to post-election analysis by Goldman Sachs, UBS, Bernstein and Citi, this slimmer mandate may push the government – known for transforming India into a global manufacturing powerhouse and making investments in sectors

Narendra Modi-led NDA’s election win signals policy continuity in India – but also spending cuts Read More »

Stripe curbs its India ambitions over regulatory situation

Fintech /

Stripe, the world’s most valuable fintech startup, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, calling the move “a tough decision” as it navigates the country’s evolving regulatory landscape. In a statement posted on its website, Stripe said businesses in India will no longer be

Stripe curbs its India ambitions over regulatory situation Read More »

Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund

Venture /

Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund.  The new fund, called Future Leaders Fund III, will enable the Mumbai-headquartered firm to write larger checks and maintain a meaningful position in the startups it backs,

Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund Read More »

MARS doubles down on India’s Infra.Market with new $50M investment

Fundraising /

Infra.Market, an Indian startup that helps construction and real estate firms procure materials, has raised $50 million from MARS Unicorn Fund as it looks to expand operations overseas, the companies told TechCrunch on Tuesday.  MARS Unicorn Fund, a joint venture between AI-driven fund Liquidity Group and Japanese bank MUFG, is an existing backer of the

MARS doubles down on India’s Infra.Market with new $50M investment Read More »