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The US climbed to second in Chainalysis’ 2025 Global Adoption Index rankings, with India taking out top spot and Pakistan, Vietnam and Brazil rounding out the top five. Regulatory momentum in Washington and crypto exchange-traded funds have pushed the US up two spots into second place for crypto adoption, according to Chainalysis. The US trailed…
Indian e-commerce startup Citymall, which focuses on budget-focused grocery delivery for tier 2 and tier 3 towns, said today that it has raised $47 million in Series D funding led by Accel, with participation from existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures. The Series D round…
Eight U.S. and Indian venture capital and private equity firms — including storied investors Accel, Blume Ventures, Celesta Capital, and Premji Invest — have formed an unusual coalition to back India’s deep tech startups, pledging more than $1 billion over the next decade to strengthen U.S.-India tech ties. The alliance addresses longstanding funding concerns. In…
Lithium has become the default choice for battery-powered systems, but its limitations — from volatile supply chains to short lifespans — are becoming increasingly difficult to ignore. Offgrid Energy Labs, a deep-tech startup based in India, wants to make lithium less central, especially when it comes to battery storage. The seven-year-old startup, incubated at IIT…
A former BJP legislator and 11 police officials have been convicted for the 2018 abduction of a Surat businessman in a plot to seize over 750 Bitcoin. An Indian anti-corruption court has sentenced 14 individuals, including 11 police officials and a former Bharatiya Janata Party (BJP) Member of Legislative Assembly (MLA), to life imprisonment in…
Mukesh Ambani, India’s richest man and chairman of Reliance Industries, has unveiled an ambitious plan to build the country’s AI backbone through a new subsidiary — starting with strategic partnerships with Google Cloud and Meta. At the company’s 48th annual general meeting on Friday, Ambani launched a new venture called Reliance Intelligence, a subsidiary of…
While digitization has transformed banking for Indian consumers, corporate banking has been left in the slow lane — still relying heavily on clunky infrastructure, paper trails, and spreadsheet-heavy workflows. TransBnk wants to address that gap, and Bessemer Venture Partners has invested in the three-year-old startup in a $25 million round to accelerate its progress. Over…
As Asia and the Middle East lead crypto adoption, success no longer comes from avoiding regulation, but mastering compliance to unlock true scale. Opinion by: Dipendra Jain, co-founder of TCX Regulation has become the baseline for crypto. From the United States’ regulatory enforcement to Dubai’s comprehensive crypto rulebook and India’s renewed debate on formalizing Bitcoin…
TikTok has not been unbanned in India, TechCrunch confirmed Friday, despite brief website access that sparked media reports of a possible comeback after more than five years. A TikTok spokesperson told TechCrunch that the Chinese-owned social media platform’s ban by the Indian government remains in place, and the short-video platform is not accessible in the…
OpenAI has announced plans to open its first office in India, just days after launching a ChatGPT plan tailored for Indian users, as it looks to tap into the country’s rapidly growing AI market. On Friday, the company said it would set up a local team in India and open a corporate office in the…