India – Tech in Asia

The investment from Fidelity and Temasek valued the company at US$5 billion through a secondary transaction.

https://www.techinasia.com/news/lenskart-hits-5b-fidelity-temasek-boost

Here are the companies in India that are attracting tons of investors and have the resources to spend on software, talent, and expansion.

https://www.techinasia.com/top-funded-startups-tech-companies-india

Which are the startups that are on the path to becoming the next big thing?

https://www.techinasia.com/50-rising-startups-india

This change reflects a sharp decline from Ola's previous valuation of US$7.3 billion in late 2021.

https://www.techinasia.com/news/vanguard-cuts-olas-valuation-2b

Innov8 currently operates over 45 centers in major Indian cities like Delhi, Mumbai, and Bangalore.

https://www.techinasia.com/news/coworking-company-innov8-double-indian-centers

In the quarter ending in September, Reddit achieved a record 97.2 million daily active users.

https://www.techinasia.com/news/reddit-user-base-profit-soar-valuation-hits-1874b

Suzuki and Toyota's partnership in EVs dates back to 2017, showing a trend in Japanese collaboration.

https://www.techinasia.com/news/suzukis-india-plant-electric-suvs-toyota

Debt may be in vogue among tech companies in Southeast Asia and India. Investors are set to tap the demand.

https://www.techinasia.com/visual-story/top-lenders-sea-india-tech-companies

Alteria Capital's funding supports Country Delight's expansion within India.

https://www.techinasia.com/news/indian-dairy-startup-country-delight-nets-237m

Mowito stands out with their ability to pick up fruits and vegetables (even damaged ones).

https://www.techinasia.com/robotics-startup-mowito-tackles-manufacturing-inefficiencies

Meesho has reached a milestone as the first Indian horizontal e-commerce company to achieve positive cash flow.

https://www.techinasia.com/news/meeshos-revenue-33-achieves-positive-cash-flow

The investment aims to expand its service operations from 20 to 40 cities across India.

https://www.techinasia.com/news/food-services-platform-coox-raises-125k-seed-funding

The IPO valued at US$1.3 billion is set to begin on November 6.

https://www.techinasia.com/news/swiggy-gears-113b-ipo-november

Finova Capital operates 400 branches across 16 states, supporting micro-entrepreneurs.

https://www.techinasia.com/news/finova-raises-135m-series

Krafton has become an anchor limited partner in IMM Investment's initial India fund.

https://www.techinasia.com/news/krafton-backs-imms-fund-focused-india

BluSmart plans to expand to Mumbai by the year-end to strengthen its foothold in India's ride-hailing market.

https://www.techinasia.com/news/indias-blusmart-faces-ev-shortage-slows-expansion-goals

The merger will give Slice access to lower-cost capital and greater control over its lending.

https://www.techinasia.com/news/indian-fintech-slice-completes-bank-merger

This IPO valuation is a decrease from its previous target of $15 billion, attributed to uncertain market conditions.

https://www.techinasia.com/news/swiggy-cuts-ipo-valuation-113b-market-challenges

This funding aims to support Udaan's plans to improve operational efficiency and growth.

https://www.techinasia.com/news/indian-b2b-firm-udaan-secures-36m-expansion

Nvidia introduced the Nemotron-4-Mini-Hindi 4B, a language model in Hindi.

https://www.techinasia.com/news/nvidia-partners-reliance-enhance-indias-ai-growth

A key partnership involves Reliance in developing AI infrastructure for India.

https://www.techinasia.com/news/nvidia-collaborates-india-develop-ai-chips

The fund aims to aid early-stage companies using technology for climate adaptation and mitigation across India.

https://www.techinasia.com/news/indian-vc-avaana-capital-launches-135m-sustainability-fund

The company said the service's debut in Bengaluru is pending regulatory approval.

https://www.techinasia.com/news/uber-expands-bus-service-mumbai-hyderabad

This development follows an eight-month suspension imposed on the company.

https://www.techinasia.com/news/indias-paytm-gets-approval-add-more-users

Gupta left Oyo in March and now replaces Mukti Hariharan, now finance VP at Coca Cola India & Southwest Asia.

https://www.techinasia.com/news/lenskart-hires-exoyo-cfo-financial-chief

The company's revenue also grew by 68% year-on-year for the same period, totaling around US$570.7 million.

https://www.techinasia.com/news/zomato-q2-profit-surges-389

Zomato's fundraising is viewed as unexpected, given its existing US$1.2 billion reserves.

https://www.techinasia.com/news/zomato-plans-raise-1b-shift-domestic-status

Even though the company’s US$3.3 billion IPO was largely backed by institutional investors, retail participation was muted.

https://www.techinasia.com/news/hyundai-india-shares-drop-5-debut

The funding round was co-led by NTTVC, Z47, and Nexus Venture Partners.

https://www.techinasia.com/news/indian-saas-startup-secures-30m-series

The relocation aims to better comply with Indian regulations and facilitate local IPOs.

https://www.techinasia.com/news/indian-mutual-fund-app-pays-159m-tax-domicile-shift

The Chinese company shipped 9.1 million units, securing a 19% market share. This marks a 26% increase from the previous year.

https://www.techinasia.com/news/vivo-top-smartphone-brand-india

Which investors are writing the most checks to India-based startups?

https://www.techinasia.com/active-investors-indias-startups

The company works with financial institutions to offer collateral-free loans to consumers.

https://www.techinasia.com/visual-story/moneytap-numbers

This acquisition maintains upGrad’s valuation at US$2.25 billion, according to sources.

https://www.techinasia.com/news/temasek-invests-60m-upgrad-edtech-funding-slump

Raveendran moved to Dubai in 2023 primarily for his father's medical care needs.

https://www.techinasia.com/news/byjus-ceo-vows-return-india-dubai

Its expansion into 40 markets stumbled due to investor anxiety caused by global disruptions.

https://www.techinasia.com/news/byjus-22b-valuation-worth-zero-amid-governance-crisis