Smartwatch shipments in India dipped annually for the first time in 2024, as consumers moved away from cheap, unknown brands. Apple bucked the broader trend, however, with a reported 2.4x growth for the year. According to data from analyst firm Counterpoint, India’s smartwatch shipments dropped 30% year-on-year in 2024. Signs of slowing sales emerged last […]
Apple Watch shipments surge in India Read More »
On Wednesday, Apple unveiled the iPhone 16e. The model replaces both the iPhone SE and iPhone 14 in the company’s lineup. The new handset is the least expensive member of the iPhone 16 lineup, aiming at emerging markets including India. The world’s second largest smartphone market (behind China) has fueled significant iPhone sales, with Apple
In India, Apple’s iPhone 16e faces stiff competition from older models Read More »
Uber is moving away from its commission-based model for three-wheeled motorized rickshaw drivers in India in response to increased competition from local rivals Rapido and Namma Yatri. The ride-hailing giant will instead charge drivers a daily fee to use the platform and connect to riders. The business model change is the latest update to Uber’s
Uber ditches commissions in favor of daily fees for rickshaw drivers in India Read More »
Hotstar and JioCinema, two widely used video streaming apps in India, have merged into JioHotstar. JioStar, a joint venture between Reliance-owned Viacom18 and Star India, said Friday it had integrated JioCinema’s vast library of content into a revamped version of Disney’s Hotstar platform. The merged app will feature hundreds of thousands of hours of local
Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter
Coinbase eyes re-entry to India Read More »
Enterprises often overprovision their cloud data storage to keep a buffer for demand peaks, but that comes at a major cost. And while in-house DevOps teams may optimize servers to reduce the impact of these costs, they usually skip optimizing their storage to avoid any accidental data loss or downtime. This leads to significant cloud
Lucidity snags $21M to help enterprises optimize their cloud storage Read More »
It’s no news that India is a huge market for entertainment businesses, but what often doesn’t get mentioned is that its people love to see content in their own languages. According to a recent survey by non-profit Internet and Mobile Association of India, more than 870 million Indians sought out videos, music and other content
Google backs Toonsutra to grow its webtoons platform in India Read More »
Instagram said Tuesday that the platform is introducing its teen accounts feature, which has extra protective measures for safety for users in India, one of its biggest markets with over 350 million users. The company introduced Teen Accounts last year in The U.S., U.K, Canada, and Australia. Meta migrated accounts of Instagram users who are
Instagram is introducing teen accounts with new safety features in India Read More »
Two senior partners are leaving Peak XV, one of the world’s largest venture capital firms, four sources familiar with the matter told TechCrunch. Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led Southeast Asian investments, are departing, said the sources requesting anonymity. Peak XV didn’t immediately respond to requests for comment.
Two senior partners are leaving Peak XV amid strategy shift Read More »
Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare company Optum marks a 70% increase in the Bengaluru-based startup’s valuation from the $1.15 billion price tag (pre-money) it earned in 2021, when it raised
Zeta valued at $2B in new funding Read More »
