In the oversubscribed IPO of Mamaearth, Peak XV Partners has found its fourth 10x or greater return within the six months since separating from the Sequoia family. The venture fund is sitting on a 10x
Indian edtech giant Byju’s said on Saturday that revenue of its core business, its largest, in the financial year ending March 2022, stood at $429.18 million, making it clear that the most valua
The India-made iPhone is projected to account for 12% to 14% of Apple’s global iPhone shipments in 2023, according to a leading analyst, who further anticipates that the importance of the South
Apple has warned over a half dozen Indian lawmakers from Prime Minister Narendra Modi’s main opposition of their iPhones being targets of state-sponsored attacks, these people said Tuesday, in a
Honasa Consumer, the parent firm of skin and personal care brand Mamaearth, has raised about $92 million in an anchor round ahead of its initial public offering starting Tuesday in a major boost to th
Shares of Truecaller dropped as low as 35%, $35.95 to $24.47, before recovering slightly Friday after the Switzerland-headquartered firm, known for its eponymous caller ID app, reported lower than est
Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev Chandrasekhar announced on Friday, moments after Wistron’s board approved
India’s fast-growing co-branded credit card market may soon see a new entrant: the country’s most valuable firm. Reliance is working with the state-backed lender SBI to launch two co-brand
Ola Electric said on Thursday that it has raised $384.43 million in a funding round, which included about $240 million in debt. The new round values the Bengaluru-headquartered electric vehicle startu
The Asia Internet Coalition, a powerful industry group that represents Apple, Google, Meta, Microsoft and many other tech companies, has requested India’s IT Ministry for an extended deadline to
Byju’s CFO Ajay Goel, who joined the edtech giant in April this year, has already resigned, the two said Tuesday, in the latest setback for the startup that is grappling with scores of challenge
Reliance is nearing a deal to acquire Disney’s India business, according to a report, as Mukesh Ambani’s oil-to-telecom empire eyes broadening digital and television assets. Disney values
AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast Asia-focused VC fund intensifies its search for opportu
Poshmark is shutting down its international businesses — operations in India, Australia and the U.K. — as the social shopping marketplace shifts attention to “core markets,” th
Google plans to begin assembling its Pixel smartphone lineup in India, a company executive said, becoming the latest tech giant to bet on the South Asian market for device manufacturing. The company i
Google has partnered with banks and other lenders in India to offer loans to individuals and merchants on the Google Pay app as the tech giant broadens its Indian payments app, processing about 4 bill
Peak XV Partners has invested $35 million in Neo, a fintech startup founded by industry veterans that is increasingly challenging incumbents including IIFL, Edelweiss and Waterfield Advisors, as the
Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than half th
Jio Financial Services, the Indian conglomerate Reliance Industries-backed financial services firm, has started its lending and insurance businesses and plans to rapidly broaden its offerings as billi
In India, few events garner as much attention as a cricket game. A high-profile match between neighbors India and Pakistan delivered a much-needed break for Disney’s Hotstar, which has lost over
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