Indian electric vehicle maker Ola Electric’s customers aren’t happy with its service and scooters, and it’s affecting the company’s stock and market share. The company’s shares fell by as much as 9.1% on Monday to ₹89.14, sending its market cap below $4.75 billion for the first time since its IPO in August. The company’s shares […]
Ola Electric stock tumbles as complaints ratch up, and market share erodes Read More »
As online frauds and scams continue to proliferate across India, Google has announced plans for a big change in the country as it tries to mitigate the issue: it plans to block the sideloading of certain apps, specifically those users try to download straight from the internet. The pilot — announced at the annual Google
Google pilots blocking some sideloaded apps in India Read More »
Google is ramping up its artificial intelligence efforts in India to integrate AI across its products for Indians — a move that escalates the growing rivalry among U.S. tech firms in a market where competitors are lagging behind. At its 10th Google for India event on Thursday, the company said it was deploying its AI
Google flexes its edge in India in AI showdown Read More »
Google said it is now experimenting with Gemini-powered video search in India at its Google for India event. This feature enables users to shoot a small snippet and ask Gemini questions about it. Users, who would be part of this experiment, will be able to use this feature in Google Lens. The video search features
Google is testing Gemini-powered video search in India Read More »
Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of some of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which raised $2.85 billion funds in mid-2022, informed its backers on Tuesday evening that it would cut $465 million from
Peak XV trims fund size and fees as Indian market overheats Read More »
UAE-based Redwood has acquired a majority stake in the game streaming platform Loco as the Indian firm looks to expand focus to international markets, TechCrunch has learned and confirmed. Redwood, a newly-formed investment firm, has signed a $65 million deal with Loco, an investment that also gives full exit to all existing Loco backers. This
Indian game streaming startup Loco sells majority stake to Redwood Read More »
Star Health and Allied Insurance, one of India’s biggest health insurance firms, is investigating a cybersecurity incident that allegedly leaked sensitive data associated with its customers, including their medical records. The Chennai-headquartered insurance giant told TechCrunch that a “forensic investigation” is ongoing after data allegedly stolen from the company was shared online. A hacker group
India’s Star Health says it’s investigating after hacker posts stolen medical data Read More »
Bharti Airtel, India’s second-largest telecom operator, said on Wednesday it’s rolling out an AI-powered spam detection solution to all its customers as it vowed to curb the rising spam calls and messages in the world’s most populous nation. The company, which counts Google among its backers, announced the launch of what it claims is India’s
Airtel taps AI to combat India’s rampant spam calls problem Read More »
Neobank Jupiter is in talks to acquire a stake in SBM India, three sources familiar with the matter told TechCrunch, the latest example of an Indian fintech startup pursuing strategic partnerships with traditional banking institutions. The Bengaluru-headquartered startup — backed by Tiger Global and NuBank — is engaging to buy a 5% to 9.9% stake
Fintech Jupiter in talks to buy a stake in SBM Bank India Read More »
Physics Wallah, an Indian edtech startup, has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country following the collapse of Byju’s, once the biggest company in the space. Physics Wallah said on Friday the Series B round was led by Hornbill Capital, with Lightspeed Ventures Partners “significantly”
