According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $30 million to $40 million in Truemeds, an Indian online pharmacy that’s focused on providing customers with more affordable generic alternatives to costly branded medications. The talks are currently centered on a proposed valuation […]
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Nvidia announced a series of partnerships with Indian firms on Tuesday to deploy its AI chips and technology, deepening its push into a key growth market as demand for AI infrastructure surges. The U.S. chip designer said at its AI Summit in Mumbai that Tech Mahindra will use its technology to develop Indus 2.0, a […]
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X revenue in India plummeted 89.8% to $2.51 million in the financial year ending March, according to regulatory filings from the Elon Musk-owned social network. The company, which had posted revenue of $24.7 million in the previous fiscal year, also significantly reduced its expenses in India to $2.2 million from $20 million year-over-year, the filing […]
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India is set to allocate spectrum for satellite services through administrative means rather than auction, a decision that aligns with recent comments by Elon Musk and rebuffs lobbying efforts by the country’s largest telecom operators.
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Paytm, a leading Indian financial services firm, has received regulatory approval to resume adding new UPI payments users, following an eight-month restriction on many of its operations. UPI, which processes over 15 billion monthly transactions, dominates India’s online payments. Walmart-owned PhonePe and Google Pay process about 87% of UPI transactions, whereas Paytm’s market share has […]
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Table Space is targeting a valuation of $2.5 billion or higher for an India IPO planned planned for 2025.
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India’s Neysa has raised $30 million in a Series A round to bolster its AI infrastructure offering.
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Indian stock trading and mutual fund startup Groww paid $159.4 million in taxes as it shifted its domicile from the U.S. back to India, the company said in a statement on Monday. Nearly a dozen Indian startups are in the process of relocating their headquarters to India from the U.S. and Singapore to better comply […]
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Google is adding new AI-powered features on Maps in India including AI-powered summaries, the ability to search for experiences, and weather alerts. The Maps app will analyze reviews and show summaries of places, it said. The company made the announcement at its annual Google for India event on Thursday. Additionally, users will be able to […]
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Google has announced that it is blocking the installation of certain apps automatically from getting sideloaded on Android devices in India.
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