Tag: india
Apple’s dangerous path
Hello friends, and welcome back to Week in Review. Last week, we dove into the truly bizarre machinations of the NFT market. This week, we’re talking about something that’s a little bit more impactful on the current state of the web — Apple’s NeuralHash kerfuffle. If you’re reading this on…
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Top Indian payments app PhonePe opens its data firehose to everyone
PhonePe, one of the largest digital payments services in India, on Thursday launched Pulse, a free product to offer insights into how people in the world’s second largest internet market are paying digitally. And PhonePe would know: the Flipkart-backed five-year-old startup said its insights are based on over 22 billion…
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Reframe your Metaphors, and other lessons from Y Combinator S21 Day 1
After a 17-hour marathon through nearly 200 startup pitches, the Equity team was fired up to get back on Twitter and chat through some early trends and favorites from the first day of Y Combinator’s demo party. We’ll be back on the air tomorrow, so make sure you’re following the…
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Prosus acquires Indian payments giant BillDesk for $4.7B, will merge with its PayU fintech group
More major consolidation underway in the world of payments: Prosus — the Dutch tech giant that bundles together Naspers’ fintech, e-commerce and other international investments and businesses outside of South Africa (including a big stake in Tencent) — today announced that it would pay $4.7 billion to acquire BillDesk, a…
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Ola Electric in talks to raise at over $2.5 billion valuation
Ola Electric is in advanced talks to raise over $500 million in a new financing round as the Indian firm looks to scale its electric vehicle manufacturing business in the South Asian market, according to two sources familiar with the matter. Falcon Edge Capital is in advanced talks to the…
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Indiagold raises $12 million for its gold-focused digital alternative credit platform
India has a unique fascination for gold. The households in the South Asian market are estimated to have a stash of over 25,000 tons of the precious metal whose value today is about half of the country’s nominal GDP. But much of this gold has been sitting idly in lockers…
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