The insurance giant confirmed a data breach, weeks after cybercriminals posted alleged customer health and medical data online.
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Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of a handful of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which secured capital commitments totaling $2.85 billion in mid 2022, informed its backers on Tuesday evening that it is […]
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The Central Consumer Protection Authority, India’s consumer rights regulator, has sent a show-cause notice to Ola Electric over alleged violation of consumer rights, escalating troubles for the leading electric vehicle maker whose shares dropped 9% earlier on Monday, The notice, issued on Monday, gives the Bengaluru-headquartered firm 15 days to respond to allegations that include […]
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Indian electric vehicle maker Ola Electric’s customers aren’t happy with its service and scooters, and it’s affecting the company’s stock and market share. The company’s shares fell by as much as 9.1% on Monday to ₹89.14, sending its market cap below $4.75 billion for the first time since its IPO in August. The company’s shares […]
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Indian filmmaker Ram Gopal Varma is ditching human musicians for artificial intelligence, saying he’ll use only AI-generated tunes in future projects, a move that underscores AI’s growing reach in creative industries. The filmmaker and screenwriter, known for popular Bollywood movies such as “Company,” “Rangeela,” “Sarkar,” and “Satya,” has launched a venture called RGV Den Music, […]
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UAE-based Redwood has acquired a majority stake in the game streaming platform Loco as the Indian firm looks to expand focus to international markets, TechCrunch has learned and confirmed. Redwood, a newly formed investment firm, has signed a $65 million deal with Loco, an investment that also gives full exit to all existing Loco backers. […]
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An Indian edtech startup has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country.
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Bharti Airtel is rolling out an AI-powered spam detection solution to all its customers to curb India’s raging spam calls and messages problem.
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The health insurance giant is investigating an incident that allegedly leaked sensitive customer medical data.
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In the latest instance of an Indian fintech startup pursuing strategic partnerships with traditional banking institutions, neobank Jupiter is in talks to acquire a stake in SBM Bank India, three sources familiar with the matter told TechCrunch. Jupiter, backed by Tiger Global and Nubank, is in discussions to buy a 5% to 9.9% stake in […]
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