Articles from economictimes.indiatimes.com

Articles from economictimes.indiatimes.com

Uber launches its B2B logistics service Uber Direct in India with ONDC integration, starting in Bengaluru with grocery deliveries for Zepto and KPN Farm Fresh (economictimes.indiatimes.com)
2 days ago India Uber Logistics

AI video startup Luma AI raised a $900M Series C led by Humain, sources say at a ~$4B valuation, and partners with Humain on a 2GW AI cluster in Saudi Arabia (economictimes.indiatimes.com)
24 days ago Startup AI Arabia Saudi Arabia

India officially notifies its first data protection law to establish a framework for data processing, protection, and governance, including verifiable consent (economictimes.indiatimes.com)
29 days ago India

Bengaluru-based digital lending startup Finnable raised about $28.19M in August 2025 co-led by Z47 and TVS Capital, bringing its total raised to about $60.9M (economictimes.indiatimes.com)
2025-11-11 Startup

Walmart's PhonePe raised $600M from General Atlantic at a $14.5B valuation, as the Indian digital payments and financial services company prepares for an IPO (economictimes.indiatimes.com)
2025-10-30 India IPO Walmart

Google Pay and PhonePe accounted for 80% of India's UPI transactions in Aug. 2025, down from 85% a year ago, as smaller players like Navi and BHIM gained ground (economictimes.indiatimes.com)
2025-9-25 India Google

Indian digital payments giant PhonePe confidentially files for an IPO in India, seeking to raise $1.5B, sources say at a valuation of $15B (economictimes.indiatimes.com)
2025-9-24 India IPO

BofA Securities: Blinkit holds over 50% share of India's quick commerce market, as rivals Zepto and Instamart prioritize profitability over aggressive expansion (economictimes.indiatimes.com)
2025-9-24 India

Tracxn: funding for Indian digital lending startups fell to $462M between January and August 2025 from $1.1B a year earlier, after RBI tightened lending norms (economictimes.indiatimes.com)
2025-9-24 India Startup

Bengaluru-based FinBox, which provides B2B digital lending infrastructure, risk intelligence, and orchestration tools, raised a $40M Series B led by WestBridge (economictimes.indiatimes.com)
2025-9-17 Intelligence

Sensor Tower: as of July 2025, Rapido had 50M MAUs on Android in India vs. Uber's 30M; in the four-wheeler cab segment, Rapido holds ~30% share vs. Uber's ~50% (economictimes.indiatimes.com)
2025-9-11 Android India Uber Sensor

Uber is tapping Indian drivers for its data-labeling arm, Uber AI Solutions, offering extra income for completing micro tasks like tagging objects in photos (economictimes.indiatimes.com)
2025-9-4 India Uber AI

Xpheno: Meta, Amazon, Apple, Microsoft, Netflix, Google, and their affiliates grew their combined India headcount by 16% over the past year, adding 28K+ jobs (economictimes.indiatimes.com)
2025-8-7 India Google Amazon Microsoft Apple Netflix

Indian quick commerce companies like Swiggy, Zepto, and Flipkart pull back on adding dark stores to control their cash burn, after a rapid year of expansion (economictimes.indiatimes.com)
2025-8-7 India

Reliance Retail launches Ajio Rush, a four-hour fashion delivery service live in six Indian cities, to take on Myntra and other fashion quick commerce startups (economictimes.indiatimes.com)
2025-7-19 India Retail Startup

Analysis: YC picked just four Indian startups in 2024 vs. 66 in 2021, amid a growing trend of startups shifting their parent entities to India for domestic IPOs (economictimes.indiatimes.com)
2025-7-12 India IPO Startup

European Commission says Meta has proposed limited changes to its pay-or-consent ad model, and Meta faces daily fines if it determines they are not sufficient (economictimes.indiatimes.com)
2025-6-27 Europe

Sources: Foxconn plans to make iPhone enclosures in India and is looking to set up a new unit in Tamil Nadu; only Tata is currently making enclosures in India (economictimes.indiatimes.com)
2025-6-20 India iPhone

Filings: Bengaluru-based fintech Cred, which offers rewards for paying credit card bills and more, raised ~$72M at a $3.5B valuation, down from $6.4B in 2022 (economictimes.indiatimes.com)
2025-6-15 Fintech Credit Card

A former employee says fewer than 10,000 people use Ola Krutrim's LLM chatbot, which supports 10 Indian languages, and that over 60% of them are random testers (economictimes.indiatimes.com)
2025-6-5 India chatbot

Sources: Unacademy cofounder Gaurav Munjal is stepping down as CEO, as the company pivots to in-person coaching centers and its Duolingo-like learning app (economictimes.indiatimes.com)
2025-5-28

Sources: Indian investment app Groww agrees to acquire wealthtech startup Fisdom in an all-cash deal, valuing Fisdom at $140M to $160M; Fisdom had raised ~$48M (economictimes.indiatimes.com)
2025-5-17 India Startup

India faces a shortage of agentic AI professionals, with executives estimating fewer than 100,000 available against a projected need of 200,000 by 2026 (economictimes.indiatimes.com)
2025-4-27 India AI

Goldman Sachs Alternatives acquires India-based HR SaaS company PeopleStrong from Multiples PE, sources say for $130M; Tracxn: Multiples PE held an 84.3% stake (economictimes.indiatimes.com)
2025-4-16 SaaS India Goldman

Bengaluru-based Scapia, which offers a travel-focused credit card and a travel app, raised a $40M Series B led by Peak XV, bringing its total funding to $72M (economictimes.indiatimes.com)
2025-4-4 Credit Card

Industry executives say Rapido has a 20% share in India's four-wheeler ride-hailing segment; Uber has a ~50% share, while Ola holds most of the remaining 30% (economictimes.indiatimes.com)
2025-4-1 India Uber

Sources: Foxconn plans to assemble 25M to 30M iPhones in India in 2025, up from ~12M in 2024, and is conducting production trials at its new Bengaluru plant (economictimes.indiatimes.com)
2025-3-31 India

India's Income Tax Bill 2025 grants income tax officers the legal authority to access taxpayers' email and social media accounts if they suspect tax evasion (economictimes.indiatimes.com)
2025-3-6 India Tax

Ola's AI venture Krutrim partners with Lenovo to develop the 700B-parameter Krutrim 3 LLM and India's largest supercomputer, as India grows its AI capabilities (economictimes.indiatimes.com)
2025-3-6 India AI Lenovo

The UK's ICO says it's probing how TikTok uses 13-17-year-olds' personal data for content suggestions and how Reddit and Imgur verify the ages of child users (economictimes.indiatimes.com)
2025-3-3 Reddit ICO

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