india

India’s VerSe buys Valueleaf to boost digital marketing

Enterprise /

VerSe Innovation, India’s content tech unicorn that owns local language news aggregator Dailyhunt, digital newsstand platform Magzter and short-video app Josh, has acquired digital marketing firm Valueleaf Group in a cash and equity deal. Valueleaf will help VerSe to bolster its presence in the Indian digital ad space and build a significant retargeting platform, countering […]

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Apple TV+ free for Airtel postpaid and wi-fi customers in India

Apps /

Apple has struck a deal with Airtel to provide the Indian telecom giant’s subscribers with exclusive offers for its music streaming service. The partnership, announced on Tuesday, will also see Airtel bundle Apple TV+ for its premium customers in India, while simultaneously shuttering its own Wynk Music app. Airtel customers who have subscribed to Airtel’s

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Google’s AI overviews in Hindi need a quality upgrade

AI /

Given India’s language diversity, digital content companies already face a challenge in trying to show and translate content accurately. Google is facing a similar problem with AI overviews recently rolled out in the country. The company introduced Hindi support for AI overviews in the country earlier in August. Users in India can also switch between

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360 One lifts its valuation of India’s National Stock Exchange to $29.9B

Venture /

360 One Asset, an investor in India’s National Stock Exchange (NSE), has increased its valuation for the stock exchange to $29.9 billion, significantly higher than the $18 billion to $19 billion price tag the firm was valued at in private transactions last year.  The wealth manager, which invested in NSE through its SOF8 fund, disclosed

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India’s open commerce network expands into digital lending

Fintech /

Since its launch in 2022, India’s Open Network for Digital Commerce — a government-funded non-profit that provides a set of APIs for tech companies and others to build new digital services for shoppers and businesses — has grown to enable 12 million monthly transactions in areas like food delivery and mobility and new services from

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India’s trade minister decries e-commerce growth, Amazon’s ‘predatory’ pricing

Government & Policy /

India’s commerce minister Piyush Goyal on Wednesday expressed concern over the rapid growth of e-commerce in the country, warning of potential disruption to small retailers. Speaking at the launch of a report on the impact of e-commerce on employment and consumer welfare in India, Goyal said the projected dominance of online marketplaces in the coming

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Amazon considers moving Amazon Pay into a standalone app in India

Fintech /

Amazon is considering shifting its payments offerings in India into a standalone app, three sources familiar with the matter told TechCrunch, as the e-commerce giant aims to boost usage of Amazon Pay in the country. Amazon Pay is currently housed within the company’s primary e-commerce app in India, and lets users transfer money to individuals

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Gogoro delays India plans due to policy uncertainty, launches bike-taxi pilot with Rapido

Transportation /

Taiwanese electric two-wheeler maker Gogoro has deferred its highly ambitious plans for India, as New Delhi has not yet launched an anticipated scheme for battery swapping, a company executive said. In the meantime, the company has started a bike-taxi pilot with aggregator Rapido to test its vehicles before their commercial release. Gogoro is “forced to

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India’s top court clears way for Byju’s insolvency proceedings

Startups /

India’s top court has put on hold a tribunal ruling that halted Byju’s insolvency proceedings in a win for U.S. creditors that are seeking $1 billion from the edtech startup. The Indian Supreme Court ordered on Wednesday a stay on the National Company Law Appellate Tribunal’s recent approval of a settlement between the Indian cricket

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