Truecaller drops 32% on lower revenue

[ad_1] Shares of Truecaller dropped to as low as 35% before recovering slightly to 32% Friday after the Switzerland-headquartered firm, known for its eponymous caller ID app, reported lower than…

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Peak XV invests $35 million in wealth and asset management startup Neo

[ad_1] Peak XV Partners has invested $35 million in Neo, a fintech startup founded by industry veterans, as the largest India-focused VC broadens its bets on wealth and asset management….

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India-Pakistan cricket match helps Disney’s Hotstar set global streaming record

[ad_1] In India, few events garner as much attention as a cricket game. A high-profile match between neighbors India and Pakistan delivered a much-needed break for Disney’s Hotstar, which has…

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India’s InsuranceDekho raises another $60M

[ad_1] InsuranceDekho, the insurer that was incubated within the automobile marketplace group CarDekho, has raised $60 million in a new funding round as the startup looks to supercharge its growth….

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Indian fintech unicorn Slice to merge with bank

[ad_1] Slice, backed by Tiger Global, Insight Partners, Blume Ventures and EMVC, was valued at about $1.5 billion in its previous funding round last year. Indian unicorn fintech Slice is…

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WestBridge seeks to buy stake in India’s Meesho

[ad_1] WestBridge Capital is in advanced stages of talks to purchase shares of Meesho in the secondary market, according to two people familiar with the matter, as the high-profile venture…

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Amazon to invest as much as $4 billion in AI startup Anthropic

[ad_1] Amazon has agreed to invest up to $4 billion in the AI startup Anthropic, the two firms said, as the e-commerce group steps up its rivalry against Microsoft, Meta,…

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India’s PhonePe launches app store with zero fee in challenge to Google

[ad_1] PhonePe launched the Indus AppStore Developer Platform on Saturday, promising zero platform fee and no commission on in-app purchases as the Walmart-backed fintech races to win Android developers in…

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Perfios raises $229 million for its real-time credit underwriting solutions

[ad_1] Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and non-banking financial institutions, has raised $229 million in a new funding round as it looks deepen…

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Oyo India chief, Europe head quit amid public listing deliberation

[ad_1] Two senior executives at Oyo have left the budget-hospitality startup, mere months before the company plans to list. Ankit Gupta, who joined the unicorn startup in 2019 and served…

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