India will lower import taxes on certain electric vehicles for companies committing to invest at least $500 million and setting up a local manufacturing facility within three years, a move…
Abu Dhabi’s sovereign wealth fund ADIA is in talks to back Pocket FM in a large new round of funding, two sources familiar with the matter told TC, as the…
The National Payments Corporation of India, the firm that built the eponymous UPI payments rail in the country, approved Paytm’s application to participate in the payments ecosystem as a third-party…
Paramount Global has reached a binding agreement to sell its stake in Indian media house Viacom18 to conglomerate Reliance for $517.4 million, the most valuable Indian firm disclosed to the…
Teachers’ Venture Growth, the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, is investing $80 million in Perfios, an Indian fintech that provides real-time credit underwriting solutions…
If you want to ask Google’s AI chatbot a question about an upcoming election, you will have to do it from a country where there are no elections taking place.…
Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, a source familiar with the matter told TC, as the venture firm seeks to become…
Even as quick commerce is slowly fading in many markets and several heavily-funded startups have folded in the past two years, India is emerging as a striking outlier where the…
Baron Capital, an investor in Indian food delivery startup Swiggy, has increased the value of its stake in the Indian firm, implying a valuation of $12.16 billion, surpassing the $10.7…
India’s smartwatch market has transformed, seemingly overnight. For years, it has been dominated by its homegrown players, while global giants like Apple and Samsung have struggled for presence, amid the…