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Yesterday β€” 19 May 2025Main stream

Uber eyes B2B logistics push in India through state-backed open commerce network

19 May 2025 at 01:00
Uber is entering India’s growing B2B logistics market by extending its partnership with the Indian government-backed nonprofit that aims to break the domination of the e-commerce duo Amazon and Walmart-backed Flipkart and widen digital commerce in the South Asian nation. On Monday, the ride-hailing giant announced it will soon launch its B2B logistics service through […]
Before yesterdayMain stream

Foxconn gets nod for $435M project to make more of Apple chips in India, eventually

14 May 2025 at 12:37
Foxconn, a key manufacturer for Apple, has received an approval from India’s cabinet to build a new 37 billion Indian rupees ($435 million) semiconductor plant in a joint venture with the country’s IT giant HCL Group. The deal is the latest move to reduce Apple’s reliance on China and produce more components in India. The […]

Amazon Prime Video in India to get ads starting in June

13 May 2025 at 07:17
Amazon will bring ads to movies and shows on Prime Video in India starting June 17, over a year after introducing ads in markets including the U.S., U.K., Germany, and Canada. On Tuesday, Amazon emailed Prime members in India to announce the rollout of β€œlimited advertisements” on content streaming on Prime Video. Amazon originally announced […]

Starlink’s launch in India now a matter of when, not if

8 May 2025 at 09:28
Elon Musk’s Starlink has received anticipated state approval in India, opening the door to enter the world’s second-biggest internet market after China β€”Β over three years after SpaceX’s previous attempt to launch its satellite-based broadband in the country eventually failed. On Wednesday, India’s Department of Telecommunications gave its nod to Starlink to start working toward its […]

BluSmart investors propose $30M in new funding to revive the Uber rival

7 May 2025 at 11:10
A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup, which abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: It’s contingent on BluSmart co-founder Anmol Singh Jaggi agreeing to resign. The proposed […]

AI sales tax startup Kintsugi had doubled its valuation in 6 months

30 April 2025 at 05:00
Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small and medium businesses to use its AI-enabled capabilities for tax calculations and filings. The ongoing growth of […]

India’s EV startup Ather cuts IPO size to $308M, seeking $1.4B post-money valuation

22 April 2025 at 08:33
Ather Energy, the Indian startup manufacturing electric two-wheelers, has cut the size of its initial public offer by 18% to 26.26 billion Indian rupees ($308.3 million), according to a new draft prospectus filed Tuesday. The Bengaluru-based startup confirmed to TechCrunch that it’s targeting a post-money valuation of $1.4 billion. Last September, the startup sought a […]

Flipkart to relocate HQ to India ahead of IPO

21 April 2025 at 12:24
Flipkart, the Walmart-owned Indian e-commerce startup that closely fights Amazon in the South Asian market, is preparing to shift its headquarters back to India from Singapore as the company prepares to file for an IPO on Indian stock exchanges. On Monday, Flipkart said the move β€œrepresents a natural evolution, aligning our holding structure with our […]

India’s Uber-rival BluSmart appears to suspend service in wake of EV loan probe

16 April 2025 at 10:27
BluSmart, India’s all-electric cab-hailing startup that was once seen as an emerging rival to Uber, appears to have suspended service in some cities just as the country’s market regulator launched a probe into Gensol Engineering, the publicly listed company that shares two of its co-founders. The cab service, which had been operating in Delhi-NCR, Bengaluru, […]

Google used AI to suspend over 39M ad accounts suspected of fraud

16 April 2025 at 03:00
Google on Wednesday said it suspended 39.2 million advertiser accounts on its platform in 2024 β€”Β more than triple the number from the previous year β€”Β in its latest crackdown on ad fraud. By leveraging large language models (LLMs) and using signals such as business impersonation and illegitimate payment details, the search giant said it could suspend […]

India’s BluSmart swept up in Gensol investigation alleging misuse of EV loans

15 April 2025 at 12:24
India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as an emerging Uber rival in the South Asian market, has also been swept up into the investigation. The Securities and Exchange Board of India (SEBI) […]

Tessell snags $60M to drive data management at scale

9 April 2025 at 07:00
Tessell, a startup developing a multi-cloud database-as-a-service, has raised $60 million in a new funding round led by WestBridge Capital ahead of its plans to expand its market presence and launch an AI-powered conversational database management service. As data becomes more critical than ever, many companies are struggling to manage and store it efficiently. Legacy […]

Los Angeles-based Rain raised a $75M Series B in another good sign for fintech

8 April 2025 at 08:00
Rain, a startup offering an employer-integrated earned wage access (EWA) app coupled with financial-wellness features like overdraft alerts and spending trends, has raised $75 million in an all-equity Series B round. The round was led by Prosus at a post-money valuation of $340 million. Rain plans to use the new funds to help it add […]
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