Web and Technology News
Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, it disclosed in a securities filing.
The new funding is part of a larger financing round, which is likely to includ…
Some Indian government websites have allowed scammers to plant advertisements capable of redirecting visitors to online betting platforms. TechCrunch discovered around four dozen “gov.in” website links associated with Indian states, includi…
Google Wallet has debuted in India as the company’s digital wallet for non-payment use cases — two years after it was launched in the U.S.
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Google on Wednesday launched its digital wallet in India with local integrations, nearly two years after the app was relaunched as a digital wallet platform in the U.S. As TechCrunch exclusively reported last month, Google Wallet wi…
Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with the matter told TechCrunch. The startup is en…
India’s Election Commission is urging political parties to refrain from using deepfakes and misinformation amid the country’s ongoing general elections.
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Ola has let go its chief executive Hemant Bakshi, merely four months after making the appointment, and is cutting about 180 additional jobs, a source familiar with the matter told TechCrunch. The move from the Indian ride-hailing startup is aimed at &#…
ICICI Bank, one of India’s top private banks, exposed the sensitive data of thousands of new credit cards to customers who were not their intended recipients. The Mumbai-based bank confirmed to TechCrunch Thursday that its digital channels “…
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, w…
India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers through its online and mobile banking channels, and to stop issuing fresh credit cards, citing serious deficiencies in the bank’s IT systems and…
Piyush Gupta, one of the operating leaders at Peak XV Partners, is leaving the firm at the end of this month to start his own fund, four people familiar with the matter told TechCrunch. Gupta joined Peak XV (called Sequoia India and SEA then) in 2017, …
As India kicks off the world’s biggest election, which starts on April 19 and runs through June 1, the electoral landscape is overshadowed by misinformation. The country — which has more than 830 million internet users and is home to the la…
Last week, Meta started testing its AI chatbot in India across WhatsApp, Instagram, and Messenger. But with the Indian general elections beginning today, the company is already blocking specific queries in its chatbot. Meta confirmed that it is restric…
CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster. The Bengaluru-headquartered star…
VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand firm Magzter, the two said Thursday. The Bengaluru-headquartered startup has fully acquired Magzter, a New York-headquartered firm tha…
The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various fintech startups this month to develop a strategy to …
The Oversight Board, Meta’s semi-independent policy council, it turning its attention to how the company’s social platforms are handling explicit, AI-generated images. Tuesday, it announced investigations into two separate cases over how Instagram in I…
Google Wallet will finally launch in India — nearly two years after its relaunch as a digital wallet platform in the U.S. — according to a preview of the app that the company accidentally posted on the Google Play store in the country.
After TechCrunch…
India is getting an electric three-wheeler passenger vehicle that charges from 0 to 100% in 15 minutes. The launch of the new EV — a collaboration between auto manufacturer Omega Seiki Mobility and battery-tech startup Exponent Energy — com…
WhatsApp is testing Meta AI, its large language model-powered chatbot, with users in India and some other markets, signalling its intentions to tap the massive user base to scale its AI offerings. The company recently began testing the AI chatbot, unti…
Caller identity company Truecaller announced a web version, named Truecaller for the web, today to provide SMS and chat mirroring, call notifications, and number search functionality. At launch, this will be available only for Android users in India wi…
Indian ride-hailing giant Ola is shutting down its operations in the UK, Australia and New Zealand, six years after expanding to international markets as it shifts focus to shoring up its domestic business ahead of an initial public offering.
An Ola sp…
India’s largest audio and wearables brand BoAt is investigating a possible data breach after hackers advertised a cache of alleged customer data online.
A sample of alleged customer data was uploaded on a known cybercrime forum, which includes full nam…
Avendus, India’s leading investment bank for venture deals, is looking to raise about $300 million for its private equity unit, according to three sources familiar with the matter.
The Mumbai-based firm, backed by U.S. private equity giant KKR, has est…
Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within just 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing the Zepto management. The startup, which competes with Zomato-owned Bl…