Vanguard cuts Indian ride-hailing giant Ola’s valuation by 52%
Vanguard cuts Indian ride-hailing giant Ola’s valuation by 52% The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian...
Ola’s Aggarwal sets eyes on AI, semiconductor design
Ola’s Aggarwal sets eyes on AI, semiconductor design Indian entrepreneur Bhavish Aggarwal, co-founder of ride-hailing firm Ola and electric vehicle startup Ola Electric, is venturing...
Social commerce DealShare’s CEO steps down
Social commerce DealShare’s CEO steps down Vineet Rao, co-founder and chief executive of Indian social commerce DealShare, has stepped down from the top role, the...
Fidelity deepens valuation cut for SaaS startup Gupshup
Fidelity deepens valuation cut for SaaS startup Gupshup Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in...
Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake
Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares...
Former Hulu exec is building a go-to remittance app for Indian expats
Former Hulu exec is building a go-to remittance app for Indian expats Foreign inward remittances to India have surged significantly in recent years as Indian...
AMD plans to invest $400 million in India by 2028
AMD plans to invest $400 million in India by 2028 AMD plans to invest around $400 million in India over the next five years and...
Previous governments’ incompetence crippled India’s semiconductor growth, deputy IT minister says
Previous governments’ incompetence crippled India’s semiconductor growth, deputy IT minister says In an indictment of past administrations, a senior Indian minister blamed their strategic and...
BlackRock and Reliance’s finance unit to form asset management venture
BlackRock and Reliance’s finance unit to form asset management venture The world’s largest asset manager is re-entering India — and it’s doing so in a...
India’s food delivery giant Swiggy launches credit card
India’s food delivery giant Swiggy launches credit card Swiggy has become the latest Indian startup to offer its customers a credit card as the food...