India’s Ola retreats from international markets, exiting UK, Australia and NZ

Ola is shutting down its operations in the UK, Australia and New Zealand, six years after expanding to international markets as the Indian ride-hailing giant shifts focus to doubling down in…

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Indian audio giant BoAt says it’s investigating suspected customer data breach

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…

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Indian quick-commerce Zepto zooms to $1.2B in annualized sales, Goldman says

Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within just 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing the Zepto…

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Sachin Bansal’s fintech Navi seeks $2B valuation in its first major external fundraise

Flipkart co-founder Sachin Bansal is in talks to raise capital for his newer startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2…

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Indian government’s cloud spilled citizens’ personal data online for years

The Indian government has finally resolved a years-long cybersecurity issue that exposed reams of sensitive data about its citizens. A security researcher exclusively told TC he found at least hundreds…

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