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Latest News on India

India’s PharmEasy is making healthcare accessible to all; valued at $1.5 billion now

PharmEasy is now the first unicorn in India’s online pharmacy space.

Faith Baltazar2d ago

Indian VC firm Ankur Capital reaches $45.4 million for its second fund

Ankur Capital is an early-stage venture capital firm from India.

Faith BaltazarMar 16, 2021

Amazon Food expands food delivery service to India; sets rivalry with Zomato and Swiggy

Amazon is one of the most valuable companies in the world today.

Faith BaltazarMar 10, 2021

Report: India will have 63% rise in super-rich people by 2025

India today has 6,884 super-rich individuals

Carl AdrianMar 01, 2021

India plans to ban cryptocurrencies and create own digital currency

In 2018, a similar proposal was brought up to ban the use of cryptocurrencies.

Carl AdrianFeb 01, 2021

Hike Messenger was popular in India; now it has shut down after raising $260m+ in funding

The company was valued at $1.4 billion after raising funding from notable investors

Alfred LeeJan 19, 2021

India’s Prime Minister launches $136 million fund for startup companies

The government is investing 10 billion rupees in the new fund to grow startup companies in India

Rajitha ReddyJan 18, 2021

Tesla to expand more aggressively in India; sets up new subsidiary company

India presents a huge market for Tesla, with lesser restrictions compared to China.

Rajitha ReddyJan 13, 2021

Startup funding in India fell by 34% due to the pandemic; lowest since 2016

A large part of India's startup funding was affected by the pandemic and tensions with China.

Alfred LeeDec 30, 2020

India: Pine Labs' valuation tops $2b after Lone Pine investment

Lone Pine’s investment follows the strategic investment made by Mastercard in January 2020, when Pine Labs attained unicorn status.

DEALSTREETASIA.COMDec 24, 2020

Appboxo gets $1.1 million seed to build a mini-app ecosystem for all developers – TechCrunch

Pioneered by WeChat almost four years ago, mini-apps are now common in China and India, and gaining traction in other markets, too. Mini-apps, or lightweight apps designed for integration into host apps, allow smartphone users to access several services through one app, saving them data and storage space. They also give host apps more ways […]

TECHCRUNCH.COMDec 14, 2020

India bans 43 more apps from China; Alibaba apps included in the mix.

The country previously banned 59 apps from China back in July.

Alfred LeeNov 25, 2020

WhatsApp payments is here; rolling out starting with India.

Money transfers between bank accounts can be made on the app

Alfred LeeNov 10, 2020

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