india

Indian EV startup Zypp Electric secures ENEOS backing to fund expansion to Southeast Asia

Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has exclusively learned. The company aims to be in 15 markets over the next two years. Of those 15 markets, Zypp Electric plans to launch its […]

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India’s BluSmart is testing its ride-hailing service in Dubai

Indian ride-hailing startup BluSmart has started operating in Dubai, TechCrunch has exclusively learned and confirmed with its executive. The move to Dubai, which has been rumored for months, could help counter the likes of Careem, Uber and Hala in the United Arab Emirates’ most populous city. The Gurugram-based startup quietly enabled the new Dubai service

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Hacker claims theft of India’s Samco account data

A hacker claims to be selling user records associated with Indian online brokerage firm Samco Securities, one of the widely-used platforms offering discount broking trading accounts for the country’s stock exchanges. The pseudonymous hacker listed the data allegedly breached from Samco on a known cybercrime forum, which they are selling for an undisclosed amount. TechCrunch

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Meesho, an Indian social commerce platform with 150M transacting users, raises $275M

Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, the company disclosed in a securities filing. The new funding is part of a larger financing round that is likely to include secondary transactions and balloon to over $500 million, people familiar with

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Scammers found planting online betting ads on Indian government websites

Some Indian government websites have allowed scammers to plant advertisements capable of redirecting visitors to online betting platforms. TechCrunch discovered around four dozen “gov.in” website links associated with Indian states, including Bihar, Goa, Karnataka, Kerala, Mizoram and Telangana that were redirecting to online betting platforms. Some of those websites belong to state police and property

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India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount

Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with the matter told TechCrunch. The startup is engaging with investors, including Malaysia’s sovereign wealth fund Khazanah, for the new funding, the sources

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India urges political parties to avoid using deepfakes in election campaigns

India’s Election Commission has issued an advisory to all political parties, urging them to refrain from using deepfakes and other forms of misinformation in their social media posts during the country’s ongoing general elections. The move comes after the constitutional body faced criticism for not doing enough to combat such campaigns in the world’s most

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India urges political parties to avoid using deepfakes in election campaigns

India’s Election Commission has issued an advisory to all political parties, urging them to refrain from using deepfakes and other forms of misinformation in their social media posts during the country’s ongoing general elections. The move comes after the constitutional body faced criticism for not doing enough to combat such campaigns in the world’s most

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India’s Ola removes CEO in four months, cuts 180 jobs in profitability push

Ola has let go its chief executive, Hemant Bakshi, merely four months after appointing him to the post, and is cutting about 180 additional jobs, a source familiar with the matter told TechCrunch. The move from the Indian ride-hailing startup is aimed at “improving profitability,” its founder and chairman, Bhavish Aggarwal, told employees in an

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