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Meesho, an Indian social commerce with 150M transacting users, secures $275M in new funding | TechCrunch


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 include secondary transactions and balloon to over $500 million, people familiar with the […]

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Scammers found planting online betting ads on Indian government websites | TechCrunch


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, including Bihar, Goa, Karnataka, Kerala, Mizoram and Telangana that were redirecting to online betting platforms. Some of those websites belong to state police and property […]

© 2024 TechCrunch. All rights reserved. For personal use only.


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Meta AI is obsessed with turbans when generating images of Indian men | TechCrunch


Bias in AI image generators is a well-studied and well-reported phenomenon, but consumer tools continue to exhibit glaring cultural biases. The latest culprit in this area is Meta’s AI chatbot, which, for some reason, really wants to add turbans to any image of an Indian man.

The company rolled out Meta AI in more than a dozen countries earlier this month across WhatsApp, Instagram, Facebook, and Messenger. However, the company has rolled out Meta AI to select users in India, one of the biggest markets around the world.

TechCrunch looks at various culture-specific queries as part of our AI testing process, by which we found out, for instance, that Meta is blocking election-related queries in India because of the country’s ongoing general elections. But Imagine, Meta AI’s new image generator, also displayed a peculiar predisposition to generating Indian men wearing a turban, among other biases.

When we tested different prompts and generated more than 50 images to test various scenarios, and they’re all here minus a couple (like “a German driver”) we did to see how the system represented different cultures. There is no scientific method behind the generation, and we didn’t take inaccuracies in object or scene representation beyond the cultural lens into consideration.

There are a lot of men in India who wear a turban, but the ratio is not nearly as high as Meta AI’s tool would suggest. In India’s capital, Delhi, you would see one in 15 men wearing a turban at most. However, in images generates Meta’s AI, roughly 3-4 out of 5 images representing Indian males would be wearing a turban.

We started with the prompt “An Indian walking on the street,” and all the images were of men wearing turbans.

Next, we tried generating images with prompts like “An Indian man,” “An Indian man playing chess,” “An Indian man cooking,” and An Indian man swimming.” Meta AI generated only one image of a man without a turban.

 

Even with the non-gendered prompts, Meta AI didn’t display much diversity in terms of gender and cultural differences. We tried prompts with different professions and settings, including an architect, a politician, a badminton player, an archer, a writer, a painter, a doctor, a teacher, a balloon seller, and a sculptor.

As you can see, despite the diversity in settings and clothing, all the men were generated wearing turbans. Again, while turbans are common in any job or region, it’s strange for Meta AI to consider them so ubiquitous.

We generated images of an Indian photographer, and most of them are using an outdated camera, except in one image where a monkey also somehow has a DSLR.

We also generated images of an Indian driver. And until we added the word “dapper,” the image generation algorithm showed hints of class bias.

 

We also tried generating two images with similar prompts. Here are some examples: An Indian coder in an office.

An Indian man in a field operating a tractor.

Two Indian men sitting next to each other:

Additionally, we tried generating a collage of images with prompts, such as an Indian man with different hairstyles. This seemed to produce the diversity we expected.

Meta AI’s Imagine also has a perplexing habit of generating one kind of image for similar prompts. For instance, it constantly generated an image of an old-school Indian house with vibrant colors, wooden columns, and styled roofs. A quick Google image search will tell you this is not the case with majority of Indian houses.

Another prompt we tried was “Indian content creator,” and it generated an image of a female creator repeatedly. In the gallery bellow, we have included images with content creator on a beach, a hill, mountain, a zoo, a restaurant, and a shoe store.

Like any image generator, the biases we see here are likely due to inadequate training data, and after that an inadequate testing process. While you can’t test for all possible outcomes, common stereotypes ought to be easy to spot. Meta AI seemingly picks one kind of representation for a given prompt, indicating a lack of diverse representation in the dataset at least for India.

In response to questions TechCrunch sent to Meta about training data an biases, the company said it is working on making its generative AI tech better, but didn’t provide much detail about the process.

“This is new technology and it may not always return the response we intend, which is the same for all generative AI systems. Since we launched, we’ve constantly released updates and improvements to our models and we’re continuing to work on making them better,” a spokesperson said in a statement.

Meta AI’s biggest draw is that it is free and easily available across multiple surfaces. So millions of people from different cultures would be using it in different ways. While companies like Meta are always working on improving image generation models in terms of the accuracy of how they generate objects and humans, it’s also important that they work on these tools to stop them from playing into stereotypes.

Meta will likely want creators and users to use this tool to post content on its platforms. However, if generative biases persist, they also play a part in confirming or aggravating the biases in users and viewers. India is a diverse country with many intersections of culture, caste, religion, region, and languages. Companies working on AI tools will need to be better at representing different people.

If you have found AI models generating unusual or biased output, you can reach out to me at [email protected] by email and through this link on Signal.


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


Ola has let go its chief executive officer Hemant Bakshi, merely four months after making the appointment, and is cutting about 180 jobs, a source familiar with the matter told TechCrunch. The move from the Indian ride-hailing startup is aimed at “improving profitability,” its founder Bhavish Aggarwal told employees in an email Monday seen by TechCrunch.

The Bengaluru-headquartered startup, which counts SoftBank and Tiger Global among its backers, is undergoing a “restructuring exercise” to gear up for its “next phase of growth,” Aggarwal, pictured above, wrote in the email.

The move follows Ola shutting down its operations in the U.K., Australia and New Zealand earlier this month. Bakshi, a former HUL executive, was appointed as Ola chief executive in January this year.

Ola is looking to go public later this year, months after the public debut of Ola Electric, a startup that spun out of the ride-hailing firm. Both the startups were founded by Aggarwal, who has since also founded the AI startup Krutrim, which became a unicorn in January. Ola Electric is seeking to raise more than $650 million in its initial public offering, according to paperwork filed by the firm.

You can read Aggarwal’s Monday email to staff in its entirety below.

Dear All,

In line with our vision to serve 1 Billion Indians, and our commitment to drive sustainable growth and enhance efficiency across the organization, we are undergoing a restructuring exercise aimed at improving profitability and preparing ourselves for the next phase of growth.

We have made substantial investments in areas of AI & Technology which has led to significant cost advantages and we will continue to focus on these areas to ensure that we build cutting edge products and services across our business verticals.

These changes will result in certain roles within the company becoming redundant. This decision was not made lightly, and we are committed to supporting those impacted during this transition period.

Hemant will be stepping down from his role as CEO to pursue opportunities outside the company. We extend our gratitude to Hemant for his contributions and wish him the best in his future endeavors.

I am very confident of the strong leadership team which we have built over the last few years at Ola Consumer, who bring in a lot of experience and expertise to their respective roles. They will collaborate closely with me to drive technology-led growth.

We are committed to transparency and open communication throughout this process. Our HR team would be available to address any queries or concerns you may have.

Thank you for your unwavering dedication and commitment to Ola.

Best,
Bhavish


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


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, which competes with publicly-listed Zomato and StepStone Group-backed Zepto, plans to raise $450 million through issuance of new shares and offer $800 million of shares from existing backers in the IPO, it wrote in a filing to Ministry of Corporate Affairs.

The Indian startup ecosystem has been eagerly anticipating Swiggy’s public debut, which is slated for later this year. Swiggy counts Prosus, Accel, SoftBank and Invesco among its backers. It was last valued at $10.7 billion in a funding round unveiled in early 2022. Some of its investors, including Invesco and Baron, have since publicly marked up the valuation of Swiggy to over $12 billion.

Swiggy had earlier intended to go public in 2023, TechCrunch previously reported, but deferred the plan due to not-so-favorable market conditions.

This is a developing story. More to follow.


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Indian audio giant boAt says it's investigating suspected customer data breach | TechCrunch


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 names, phone numbers, email addresses, mailing addresses and order numbers. A portion of the data that TechCrunch reviewed appears genuine based on checks against exposed phone numbers.

The hacker said the breach happened in March, which led to the compromise of the data of more than 7.5 million customers.

In a statement emailed to TechCrunch, boAt said it was investigating the matter but did not disclose specifics.

“boAt is aware of recent claims regarding a potential data leak involving customer information. We take these claims seriously and have immediately launched a comprehensive investigation. At boAt, safeguarding customer data is our top priority,” the company said.

The leaked data includes references to Shopify. Indian outlet Athenil reported that the alleged hackers claimed the data was obtained by using credentials stolen from boAt’s systems.

boAt, which counts Warburg Pincus and South Lake Investment among its key investors, leads the market of wireless earbuds in India with nearly 34% share, according to data provided by IDC. boAt also dominates India’s wearables market, boasting some 26% of the market share.

In 2022, boAt, which was valued at $300 million in its Series B round of $100 million 2021, filed for its IPO to raise up to $266 million. The brand, however, postponed its public listing plans after seeing a slowdown in the public market.


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


Indian ride-hailing giant Ola is shutting down its operations in the U.K., 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 spokesperson told TechCrunch that the SoftBank-backed ride-hailing startup sees “immense opportunity for expansion in India,” where it operates in hundreds of cities and offers a range of transportation options, including two-wheelers.

“With this clear focus, we’ve reassessed our priorities and have decided to shut down our overseas ride-hailing business in its current form in the U.K., Australia and New Zealand,” the spokesperson added.

Valued at $7.3 billion in 2021, Ola is among the most high-profile startups in India and is backed by some of the biggest names, including Temasek, Tiger Global and Warburg Pincus. The startup plans to file for an initial public offering after the public listing of Ola Electric, the electric two-wheeler brand in India that spun out of Ola.

Ola Electric is looking to raise $662 million from its IPO in India, according to paperwork it filed late last year.

Ola and Uber, its chief rival in India, slowed their domestic expansion during the pandemic and have since largely focused on improving their unit economics. The two firms have explored merging businesses in recent years, but have been unable to reach an agreement. Both continue to insist publicly that they have no interest in partnering with the rival. (Uber sold its Indian food delivery business to local giant Zomato in early 2020.)

Uber chief executive Dara Khosrowshahi recently told Indian daily Economic Times that the ride-hailing app’s market share has never been higher in the South Asian market.

“While (rival) Ola focuses on other areas … we love the ride-sharing business. We also continue to expand into new categories and are dedicated to sustainability. Some of our competitors are distracted by shiny, new efforts and IPOs; that’s great. I’m undistracted and completely focused on the mobility business here as there’s an enormous amount of upside for us and our positioning has never been better,” the Economic Times quoted Khosrowshahi as saying.


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