Checkout
Cart: $0.00 - (0 items )

PhonePe raises $700 million, becomes a separate entity

PhonePe raises 0 million, becomes a separate entity PhonePe, the crown jewel in Flipkart’s acquisition by Walmart, is “partially” spinning off, the Bangalore-based financial services firm said on Thursday. To kick off its new journey, the firm said it has secured $700 million in a new financing round. This round, the name […]

Read More

Despite everything, Oyo still has $1 billion in cash

Despite everything, Oyo still has billion in cash India’s Oyo has been one of the worst impacted startups with the coronavirus, but it has enough cash to steer through the pandemic and then look at funding further scale, a top executive says. In a townhall with employees last week, Oyo founder Ritesh […]

Read More

India sets rules for commissions, surge pricing for Uber and Ola

India sets rules for commissions, surge pricing for Uber and Ola Ride-hailing firms such as Ola and Uber can only draw a fee of up to 20% on ride fares in India, New Delhi said in guidelines on Friday, a new setback for the SoftBank-backed firms already struggling to improve their finances […]

Read More

Tiger Global invests in India’s Unacademy at $2 billion valuation

Tiger Global invests in India’s Unacademy at billion valuation Unacademy, an online learning platform in India, has added two more marquee investors to its cap table. The Bangalore-based startup, which focuses on K-12 online education, said on Wednesday it has raised new funds from Tiger Global Management and Dragoneer Investment Group. The […]

Read More

Police case filed against Netflix executives in India over ‘A Suitable Boy’ kissing scene

Police case filed against Netflix executives in India over ‘A Suitable Boy’ kissing scene Netflix, which has invested more than $500 million to gain a foothold in India in recent years, is slowly finding out just about what all could upset some people in the world’s second-largest internet market: Apparently everything. A […]

Read More

YC-backed Cashfree raises $35.3 million for its payments platform

YC-backed Cashfree raises .3 million for its payments platform Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering. The Bangalore-based startup’s Series B was led by London-headquartered private equity firm […]

Read More

WhiteHat Jr’s founder files $2.6M defamation suit against critic

WhiteHat Jr’s founder files .6M defamation suit against critic Karan Bajaj, an Indian entrepreneur who teaches meditation and in a recent book guides others on how to avoid noise, is going after the most vocal critic of his startup. Bajaj, founder of coding platform aimed at kids WhiteHat Jr, has filed a […]

Read More

OneWeb emerges from bankruptcy, aims to begin launching satellites again on December 17

OneWeb emerges from bankruptcy, aims to begin launching satellites again on December 17 Broadband communication satellite company OneWeb has emerged from its Chapter 11 bankruptcy protection status, the company announced today. It’s now also officially owned by a consortium consisting of the UK government and India’s Bharti Global, and Neil Masterson is […]

Read More

How China’s Realme sold 50 million phones in just over 2 years

How China’s Realme sold 50 million phones in just over 2 years Starting a new phone brand in 2018 might seem too late in an already crowded market, but Sky Li was convinced that consumers between 18-25 years old were largely under-served — they needed something that was both affordable and cool. […]

Read More

Payments app True Balance raises $28 million to reach more underbanked users in India

Payments app True Balance raises million to reach more underbanked users in India True Balance, a South Korean startup which runs an eponymous financial services app aimed at tens of millions of users in small cities and towns in India, said on Wednesday it has raised $28 million in a new financing […]

Read More

Back to top