Swiggy debut fuels India’s food, quick commerce wars
Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that…
Lightspeed doubles down on Wheelocity as it pivots to rural India commerce
While India’s urban population is shifting from mom-and-pop stores to quick commerce platforms, its rural side — home to more than 800 million people — still heavily relies on offline businesses…
Equal has a plan to fight India’s growing cyber fraud problem
India, the world’s most populous country and the second-largest internet market after China, is becoming increasingly digitally active. However, this rapid digitization comes with a growing risk of online fraud.…
India issues notice to Wikipedia over concerns of bias
Wikipedia is facing mounting regulatory pressure in India as local authorities question whether the platform should continue to enjoy legal protections as a neutral intermediary rather than being classified as…
Once-dominant Swiggy seeks $11.3B value at IPO, less than half Zomato’s worth
Swiggy, one of India’s largest food delivery and quick commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to…
Meesho claims Indian e-commerce first with positive cash flow
Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has long remained elusive even as new competitive…
YouTube brings its affilate program to India, partners with Walmart-owned Flipkart
YouTube is bringing its affiliate program to India so creators can tag products in their videos and earn referral money. The company is partnering with Walmart-owned Flipkart and fashion and…
Nvidia deepens India AI drive with new partnerships
Nvidia unveiled a series of new partnerships with Indian tech firms and data center providers on Tuesday, as the world’s most valuable chip company expands its AI push in the…
X’s India revenue falls 90%, filing shows
X revenue in India plummeted 89.8% to $2.51 million in the financial year ending March, according to regulatory filings from the Elon Musk-owned social network. The company, which had posted…
India’s Paytm wins approval to resume payments growth
Paytm, a leading Indian financial services firm, has received regulatory approval to resume adding new UPI payments users, following an eight-month restriction on many of its operations. UPI, which processes…