india

Flipkart launches payments app, Super.money, in fintech push

Indian e-commerce giant Flipkart has quietly started rolling out its own payments app, dubbed Super.money, as it broadens its fintech ambitions more than a year and half after separating from PhonePe.  The Walmart-owned firm’s new app, now live in beta on Play Store, allows users to make mobile payments via UPI, an interoperable network that […]

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Accel turns to rural India in hunt for future unicorns

Accel, one of the most prolific e-commerce and marketplace investors in India, is making a contrarian move by turning its focus to smaller towns and villages in search of future unicorns. The venture firm argued on Wednesday that these areas, which it refers to as “Bharat,” represent a significant market ripe with opportunities for entrepreneurs

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Rocketlane snags $24M to bring AI-led experiences for professional services teams

SaaS startup Rocketlane, which serves professional services teams in countries including the U.S., India and Europe with its automation platform, has raised $24 million in a fresh investment. It plans to deploy AI to help enterprises better understand customer feedback. Professional services teams at an enterprise are tasked with delivering projects to clients on time

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India’s Zyod raises $18M to expand its tech-enabled fashion manufacturing to more countries

Zyod is an Indian startup offering its tech platform to global fashion brands to help them in their entire design-to-delivery process. It’s raised $18 million in a new funding round to expand its presence to more than 40 countries worldwide. The Gurugram-based startup works with Indian factories to help them manufacture fashion wear for global

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General Catalyst merges with Venture Highway in India push

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

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

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

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

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,

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

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

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

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

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