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Krafton, the South Korean gaming company behind titles including PUBG and Battlegrounds Mobile India (BGMI), plans to invest another $250 million in India over the next three to four years as it pushes beyond gaming into AI, robotics, and deep tech. Announced Friday, the new commitment will take Krafton’s total planned investment in India to…
Ultrahuman, an Indian startup best known for making smart rings, has raised $70 million in a new funding round that includes backing from Qualcomm’s venture arm, as it looks beyond sleep and health tracking to build a ring that can run software on the device and eventually power everything from AI interactions to games. The…
JioHotstar, the streaming platform controlled by Indian conglomerate Reliance Industries, is taking its brand outside India for the first time and will replace Hotstar in the UK, Canada, and Singapore as it begins a wider global push. The streaming service will launch with more than 160,000 hours of entertainment content but without the live sports…
While battery swapping has struggled to take off in much of the world, Canadian auto parts giant Magna International believes the model could work at scale in India, where millions of two- and three-wheelers and a fast-growing delivery economy create a different set of economics. And it’s placing that bet on Yuma Energy, a Bengaluru-based…
Prominent solo investor Lachy Groom has backed a Bengaluru startup attempting an ambitious feat: keeping an aircraft in the sky for more than a year by harvesting energy from ocean winds. Alteon, founded by 20-year-old Samay Sanghvi, announced Tuesday that it raised $2.5 million in a pre-seed round led by Groom, with participation from Together…
More than 76% of consumers in India prefer talking to businesses over a phone call, according to a recent study from Truecaller. Since voice is still consumers’ preferred way to communicate, that leaves a big opportunity to automate support and outreach calls using voice AI in the country. Voice AI startup Ringg, which already processes…
Airbound, an Indian startup building autonomous drones, has raised $37 million in fresh capital as it pushes to make moving goods through the air as cheap as trucking them by road. The Series A round, led by Greenoaks with participation from DoorDash, Lachy Groom, Lightspeed, and Humba Ventures, comes less than a year after Airbound…
Indian startups spent years getting consumers accustomed to having groceries and everyday goods delivered within minutes. Now Walmart-owned Flipkart is rapidly closing the gap with those quick-commerce pioneers, as global rival Amazon mounts its own push into instant delivery. Flipkart Minutes, which debuted in August 2024 as the e-commerce giant’s foray into quick commerce, is…
As India’s quick-commerce platforms race to deliver everything from groceries to smartphones in minutes, electric mobility startup Yulu has seized the boom, raising $93 million in fresh funding. The Bengaluru‑based startup offers electric two‑wheelers on weekly subscription plans, so delivery drivers can jump straight into the platform, without buying their own vehicle. With around 50,000…
Accel has closed a new $550 million India fund, less than two years after raising its previous India-focused vehicle, as part of a coordinated $3.5 billion global fundraising effort. The new India fund was oversubscribed and closed within weeks, people familiar with the matter told TechCrunch. Accel still has more than 55% of its previous…