India

Read the latest technology news and analysis on investments, venture capital, founders, and startups in India.

Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has…

Indian EV startup Zypp Electric secures backing to fund expansion to Southeast Asia

Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Walmart-owned Indian e-commerce startup. The Android maker will also provide Flipkart with cloud offerings…

Google invests $350M in Indian e-commerce giant Flipkart

Indian ride-hailing startup BluSmart has started operating in Dubai, TechCrunch has exclusively learned and confirmed with its executive. The move to Dubai, which has been rumored for months, could help…

India’s BluSmart is testing its ride-hailing service in Dubai

A hacker listed the data allegedly breached from Samco on a known cybercrime forum.

Hacker claims theft of India’s Samco account data

Meesho, a leading e-commerce startup in India, has secured $275 million in a new funding round.

Meesho, an Indian social commerce platform with 150M transacting users, raises $275M

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,…

Scammers found planting online betting ads on Indian government websites

On Wednesday, Google 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 is now available in India

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…

India’s Oyo, once valued at $10B, seeks new funding at 70% discount

India’s Election Commission has issued an advisory to all political parties, urging them to refrain from using deepfakes and other forms of misinformation in their social media posts during the…

India urges political parties to avoid using deepfakes in election campaigns

India’s Ola has let go its chief executive, Hemant Bakshi, just four months after appointing him to the post, and is cutting about 180 jobs.

Indian ride-hailing giant Ola cuts 180 jobs in profitability push

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…

India’s ICICI Bank exposed thousands of credit cards to ‘wrong’ users

Swiggy, an Indian food delivery and instant commerce startup, plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, it disclosed in a…

Swiggy, the Indian food delivery giant, seeks $1.25B in IPO after receiving shareholder approval

India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers via its online and mobile banking channels and to stop issuing fresh credit cards, citing…

RBI bars Kotak Bank from adding new online customers and credit cards

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Peak XV’s Piyush Gupta is leaving firm to start own secondary-focused VC fund

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, formerly known as Sequoia Capital India & SEA, in 2017, leading the…

Peak XV’s Piyush Gupta is leaving firm to start own secondary-focused VC fund

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India’s election overshadowed by the rise of online misinformation

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 largest user base for social media platforms like Facebook…

India’s election overshadowed by the rise of online misinformation

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…

Meta AI is restricting election-related responses in India

CRED has received the in-principle approval for a payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new…

Fintech CRED secures in-principle approval for payment aggregator license

VerSe, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand firm Magzter, which competes with Apple News+.

India’s VerSe acquires Apple News+ rival Magzter

The NPCI plans to meet various fintech startups this month to develop a strategy to address the market dominance of PhonePe and Google Pay in the UPI ecosystem.

India scrambles to curb PhonePe and Google’s dominance in mobile payments

The Oversight Board, Meta’s semi-independent policy council, is turning its attention to how the company’s social platforms are handling explicit, AI-generated images. Tuesday, it announced investigations into two separate cases…

Meta’s Oversight Board probes explicit AI-generated images posted on Instagram and Facebook

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…

Google Wallet appears in India, with local integrations, but Pay will stay

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…

India’s Exponent Energy brings 15-minute charging to passenger three-wheelers

Meta has confirmed to TechCrunch that it is testing Meta AI, its large language model-powered chatbot, with WhatsApp, Instagram and Messenger users in India and parts of Africa. The move…

Meta trials its AI chatbot across WhatsApp, Instagram and Messenger in India and Africa

Truecaller has launched a web version of its eponymous caller ID application that brings a range of features, including SMS and chat mirroring, call notifications, and number search functionality to…

Truecaller launches a web client for its Android users

Indian ride-hailing giant Ola is shutting down its operations in the UK, Australia and New Zealand, six years after expanding to international markets.

Indian ride-hailing giant Ola quits UK, Australia and NZ in international pullback

India’s largest audio and wearables brand confirmed an investigation after alleged customers data was posted online.

Indian audio giant boAt says it’s investigating suspected customer data breach

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…

Avendus, top India venture advisor, seeks $300 million for new PE fund

Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing Zepto management. Zepto,…

India’s Zepto zooms to $1.2B in annualized sales in 29 months, Goldman says

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India, grappling with election misinfo, weighs up labels and its own AI safety coalition

India, long in the tooth when it comes to co-opting tech to persuade the public, has become a global hot spot when it comes to how AI is being used, and abused, in political discourse, and specifically the democratic process. Tech companies, who built the tools in the first place,…

India, grappling with election misinfo, weighs up labels and its own AI safety coalition

Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2…

Sachin Bansal’s fintech Navi seeks $2B valuation in its first major external fundraise