The Linux Foundation, the nonprofit organization promoting open source adoption, has announced the launch of its India entity. The organization is looking to promote open source contributions across the South…
LambdaTest, a cloud-based software testing platform, has raised $38 million in a funding round as it looks to expand its presence in existing markets and advance its AI capabilities. The…
Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.20 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier…
MobiKwik, an Indian financial services startup, has cut its planned IPO size for the third time, setting a price band of 265-279 Indian rupees ($3.1-3.3) that values it at $250…
Apparel and accessories platform Myntra on Thursday launched “M-Now,” its quick-commerce offering that promises to deliver apparel and accessories within 30 minutes. Retailers in India are rushing to meet changing…
Signzy, a popular vendor offering online “know your customer” ID verification and customer onboarding services to several top financial institutions, commercial banks, and fintech companies, has confirmed a security incident,…
Prosus anticipates as many as five potential IPOs from its Indian portfolio over the next 18 months, signalling growing momentum in the world’s second-largest internet market. The Dutch technology investment…
Sequoia is closing in on making its first deal in India and the broader Asia Pacific region since its split with former partners, according to four sources familiar with the…
Reddit is concentrating on international markets such as the U.K., India, Brazil, and the Philippines to bolster its user base. More than 50% of Reddit’s user base is outside of…
Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO. The food delivery and quick-commerce giant issued approximately 336.5 million…