Meesho, India’s largest reselling website, has negotiated a $250 million funding round led by SoftBank’s Vision Fund, the Economic Times has reported. The round, if completed, will value Meesho at between $1.5bn…
Indian HR Firm DarwinBox Raises $15m for Southeast Asia Scale
Human resources tech startup DarwinBox has raised a $15 million Series C funding round, as it aims to scale its platform deeper into the southeast Asian market. The round, led by Salesforce…
Deutsche Bank Ponders Tata Consultancy Tech Sale
Deutsche Bank is in talks to sell one of its major technology units to Tata Consultancy Services Ltd, a Mumbai-based conglomerate, according to a report by Bloomberg. Postbank Systems AG, a Bonn-based…
Genius Quiz App Raises $2m; Seeks Far More for E-Learn Scale
Genius Quiz App, an e-learning venture from one of India’s startup stars, has won $2 million in seed funding from a constellation of Indian and American angel investors. The firm is the…
EduTech Outfit Eruditus Raises $113m, as E-Learning Explodes Worldwide
Education startup Eruditus has raised $113 million in a Series C funding round, as the company continues to provide universities with online learning options amid the COVID-19 pandemic. The round was led…
Tech Giants Open New Front Line in Battle Against White House
Fresh from their adversarial hearings, US tech’s biggest players are going in to bat against the White House again – this time over President Donald Trump’s ban on certain working visas. Apple,…
India’s China Ban is a Come-Get-Me for Europe and the US
This week India’s government decided to ban 59 China-based apps, including popular social media platform TikTok. Based on national security fears, it’s the largest-ever ban of Chinese tech by a global democracy.…
Convosight Raises $4m from Sequoia Accelerator, Others
Indian community management startup Convosight has closed a $4 million pre-Series A funding round from Sequoia Capital’s accelerator Surge and IvyCap Ventures. The round will allow Convosight, which leverages data analytics and…
US Visa Confusion Wipes Value from Indian Tech Firms
Indian tech companies have taken a big share-price hit this week, as confusion reigns over US President Donald Trump’s attempts to curtail immigration amid the COVID-19 crisis. Trump has already issued a…
UK Launches $5.2m India CleanTech Project
The British government has launched a $5.2 million fund to root out cutting-edge social- and cleantech startups in India. The “Innovation Challenge Fund” will aid collaboration across AI, Big Data and other…