The foodtech decacorn joins the likes of Ola, FirstCry, and MobiKwik in India's IPO pipeline.
https://www.techinasia.com/swiggy-aims-raise-125b-planned-ipo
Fundraising is difficult. To make things easier, we have compiled a detailed list of the most recent VC funds for our subscribers.
https://www.techinasia.com/visual-story/list-vc-funds-money-deploy
Stoxkart competes with players such as Zerodha and Groww.
https://www.techinasia.com/online-trading-app-stoxkart-nets-12m-tech-improvement
Piyush Gupta's upcoming business will concentrate on secondary transactions, which are rising in India, reported Tech Crunch.
https://www.techinasia.com/peak-xvs-executive-stepping-venture-report
Which investors are writing the most checks to India-based startups?
The deal involves a 67% share purchase through an all-cash transaction.
https://www.techinasia.com/indias-aurionpro-acquires-ai-firm-aryaai-165m-deal
The quick commerce unicorn did not agree on Flipkart's request to gain controlling interest, reported The Economic Times.
https://www.techinasia.com/zepto-declines-flipkart-deal-targets-25b-valuation-funding
Altum Credo aims to expand its operations into central and northern India.
https://www.techinasia.com/indian-housing-finance-firm-secures-40m-to-support-lower-income-groups
This is part of the government's AI mission - which aims to procure 10,000 GPUs for stakeholders - though talks are still at a "very early stage."
https://www.techinasia.com/india-mulls-nvidias-gpus-ai-chip-procurement-plan
The agritech financing company, which provides loans to farmers while storing their produce, has been profitable since 2013.
https://www.techinasia.com/aryaag-sees-2x-gross-revenue-growth-36-bump-profits
The edtech firm is restructuring into three divisions: the learning app, test-prep services, and online classes and tuition center operations.
https://www.techinasia.com/byjus-india-ceo-steps-cofounder-raveendran-takes-charge
Opening Bell 🔔 is Tech in Asia’s free newsletter that brings you the biggest news and latest trends around Asia’s publicly listed tech companies.
https://www.techinasia.com/ridehailing-players-challenge-overtake-market-leader-grab
Here's our regularly updated list of the biggest startup exits in India.
Xto10x posted a gross profit of US$7.3 million during the 15 months ended March 2023, an improvement from a loss of US$1.8 million in 2021.
https://www.techinasia.com/flipkart-cofounders-consulting-startup-sees-3x-revenue-surge
Tech firms are dismissing staff to stay afloat as headwinds hit Asia. This layoff tracker is keeping tabs on marching orders.
The move comes about a month after the Reserve Bank of India ordered Paytm's affiliate bank to shut down operations.
https://www.techinasia.com/paytm-payments-bank-ceo-steps-regulatory-troubles
Founded in 2020, Sprinto automates information security compliance and privacy laws, mainly for SaaS companies.
https://www.techinasia.com/risk-compliance-firm-sprinto-secures-20m-fuel-ai-automation
The Indian ride-hailer will end its operations in the UK, Australia, and New Zealand, TechCrunch noted.
https://www.techinasia.com/ola-preps-for-public-offering-exits-prominent-foreign-markets
Bain Capital first invested US$823.2 million into Axis Bank as part of a larger raise in November 2017.
https://www.techinasia.com/bain-capital-exits-indias-axis-bank-429m-stake-sale
Deepak Mehrotra has over 30 years of professional experience, having also held leadership roles in Coca Cola and Bharti Airtel.
https://www.techinasia.com/byjus-test-prep-firm-names-pearson-india-md-ceo
Through its new fund, Filter Capital will invest in SaaS and tech services companies that are expanding globally from India.
https://www.techinasia.com/exwarburg-pincus-executives-vc-firm-seals-maiden-fund-96m
Opening Bell 🔔 is Tech in Asia’s free newsletter that brings you the biggest news and latest trends around Asia’s publicly listed tech companies.
https://www.techinasia.com/reverse-flip-phenomenon-indian-startups-embracing
Driven by favorable market conditions and homeground advantage, Indian startups are returning to their native country to set up their headquarters.
https://www.techinasia.com/indian-startups-ready-pay-millions-reverse-flip
Here are the companies in India that are attracting tons of investors and have the resources to spend on software, talent, and expansion.
https://www.techinasia.com/top-funded-startups-tech-companies-india
The Offset is Tech in Asia’s free newsletter that breaks down the biggest stories and trends in greentech.
https://www.techinasia.com/solarpowered-water-pumps-harm-good
Which are the startups that are on the path to becoming the next big thing?
The fund, founded by Mustafa Ghouse and Alok Samtaney, aims to back tech-driven startups redefining how sports are played and consumed in India.
https://www.techinasia.com/centre-court-capital-bets-on-indian-gaming-with-42m-fund
SiftHub uses industry-specific large language models to help salespeople find up-to-date company information through a single hub.
https://www.techinasia.com/indian-ai-startup-banks-55m-seed-salespeople-sell
In June 2023, Elon Musk met with Indian Prime Minister Narendra Modi, expressing his desire to invest in India "as soon as humanly possible."
https://www.techinasia.com/tesla-to-build-indian-ev-factory-team-arrives-this-month
Bambrew said it has over 100 clients, including Amazon, Nykaa, MyGlamm, Bata, Snitch, Harris Brushes, and Mahindra Logistics.
https://www.techinasia.com/blume-ventures-leads-72m-indian-greentech-startup-bambrew
The fund, which is split into two schemes - venture debt and a shorter duration scheme - aims to raise US$250 million to US$300 million in total.
https://www.techinasia.com/indiabased-debt-firm-alteria-capital-closes-fund-185m
SuperK is bringing its tech-enabled supermarkets into towns where customers are used to traditional mom and pop stores.
https://www.techinasia.com/indiabased-grocery-retail-chain-nets-6m-tap-small-town-markets
The funding comes a little over a year after the Tencent-backed audio entertainment firm entered the US, where it has surpassed US$100 million in ARR.
https://www.techinasia.com/pocket-fm-secures-103m-targets-us-now
Jensen Huang shared his thoughts on India, Japan, and the US-China tech war at his company's developer conference.
https://www.techinasia.com/india-to-become-front-office-ai-revolution
Liquidnitro Games, whose founders worked on titles like Tetris and The Sims, helps partners build "live service" games, among others.
https://www.techinasia.com/ai-powered-gaming-startup-raises-5-25m-in-seed-funding
The bank is eyeing startups in tech and healthcare as well as those that use AI for services in industries including finance, retail, and logistics.
https://www.techinasia.com/dbs-bank-india-pledges-250m-indian-startups