Tag: India

India’s Neysa bags $30M to compete with global AI hyperscalers

Even though India isn’t at the forefront of the global AI innovation battle, demand for AI in the country is growing as businesses...

Groww pays $160M tax as it returns to India amid a startup relocation wave

Indian stock trading and mutual fund startup Groww paid $159.4 million in taxes as it shifted its domicile from the U.S. back to...

Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’

Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth...

Zepto eyes $100M from Indian offices in third funding in 6 months

Zepto is in advanced stages of talks to raise $100 million in new investment, its third in the last six months, as the...

Accel eyes stake in India’s Truemeds at $330 million valuation

According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $30 million...

Musk reacts to Ambani lobbying, calls any India move to auction satellite spectrum 'unprecedented'

NEW DELHI (Reuters) - Starlink boss Elon Musk said a move by India to auction satellite broadband spectrum, and not allocate it, would...