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Figma is expanding its presence in India by setting up a local office and hiring Indian talent as it seeks to deepen ties with one of its largest user communities and make a broader push to better win over developers alongside the designers who already rely on the platform. Founded in 2012 by Dylan Field…
IntrCity SmartBus, a tech-enabled intercity bus platform in India, has raised $30 million in funding to expand its network across smaller cities and towns in the South Asian nation. The all-equity Series D round, led by A91 Partners, values the Noida-based startup at $140 million post-money. Intercity travel is accelerating in India as more people…
India’s appetite for instant convenience — once confined to food and grocery delivery — is expanding into house help. That shift has helped Snabbit, an on-demand home-help startup, secure $30 million in new funding and lift its valuation to $180 million, up from $80 million five months ago. The all-equity Series C round — Snabbit’s…
India’s free digital payments revolution has upended how money moves — but not how fintechs make it. Now, Flipkart’s fintech arm Super.money is partnering with one of India’s top commercial banks, Kotak Mahindra Bank, to change that, bundling UPI payments, savings, and secured credit into a single account aimed at turning usage into profit. The…
Indian automotive giant Tata Motors has fixed a series of security flaws that exposed sensitive internal data, including personal information of customers, company reports, and data related to its dealers. Security researcher Eaton Zveare told TechCrunch that he discovered the flaws in Tata Motors’ E-Dukaan unit, an e-commerce portal for buying spare parts for Tata-made…
OpenAI is offering its ChatGPT Go plan available free of charge for one year to users in India who sign up during a limited promotional period starting November 4, as the company looks to expand in one of its top markets. On Tuesday, OpenAI announced the promotion but did not specify how long the offer…
Storied investors Accel and Prosus have launched a new investment partnership to back Indian startups from day zero, targeting founders building large-scale solutions with the potential to serve the masses in the South Asian nation. Announced on Monday, the collaboration marks the first time Prosus is investing at the formation stage. Both firms will co-invest…
Every few weekends, 21-year-old student Lavanya Jain opens the BlaBlaCar app to find a lift from Noida on the outskirts of New Delhi to his home in Kandhla, a small town in northern India’s Uttar Pradesh state. The 120-kilometer journey costs him about ₹500, the equivalent of about $6. That’s a fraction of the ₹1,500–₹2,000,…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Paxos says it “mistakenly” minted 300 trillion PayPal stablecoins; Coinbase Ventures backs Indian exchange CoinDCX at a $2.45 billion valuation amid its expansion into…
Coinbase has increased its investment in India’s CoinDCX, valuing the exchange at $2.45 billion post-money, as the U.S. crypto giant bets on the country’s digital-asset potential even as regulation remains unclear. The investment is an extension of CoinDCX’s previous funding round and is subject to regulatory approvals and customary closing conditions, the companies said on…