India’s securities depository CDSL says malware compromised its network • ZebethMedia

India’s leading central securities depository, Central Depository Services Limited, or CDSL, says its systems have been compromised by malware. On Friday, the securities depository said in a filing with India’s National Stock Exchange that it detected malware affecting “a few of its internal machines.” “As a matter of abundant caution, the company immediately isolated the […]

India proposes permitting cross-border data transfers with certain countries in new privacy bill • ZebethMedia

India has proposed a new comprehensive data privacy law that will mandate how companies handle data of its citizens, including permitting cross-border transfer of information with certain nations, three months after it abruptly withdrew the previous proposal amid scrutiny and concerns from privacy advocates and tech giants. The nation’s IT ministry published a draft of […]

India’s first private rocket, built by startup Skyroot, makes successful launch • ZebethMedia

India’s space agency has successfully launched the Vikram-S after much anticipation and years-long work in a boost to the private sector of the nation’s space industry. The Indian Space Research Organization (ISRO) kicked off the suborbital rocket at 11.30 a.m. local time Friday from the Satish Dhawan Space Centre in Sriharikota, India’s east coast. The […]

Binance chief says crypto exchange doesn’t currently see a viable business in India • ZebethMedia

Scores of crypto-focused venture capital firms have raced to India in the past two years, hoping to turn the world’s second largest internet market’s large developer community into a key web3 power house. But what does Changpeng “CZ” Zhao, arguably the most powerful and influential figure in the crypto industry, think about the potential of […]

WhatsApp India head Abhijit Bose, Meta India public policy director Rajiv Aggarwal quit • ZebethMedia

WhatsApp’s head of India Abhijit Bose and Meta’s public policy head for the country Rajiv Aggarwal have both left the social networking firm — just days after Meta India chief Ajit Mohan quit the company to join rival Snap. On Tuesday, Meta confirmed the departure of both executives. The company also announced the appointment of […]

Google Play finally adds UPI subscriptions in India • ZebethMedia

Unified Payments Interface — commonly known as UPI — has become the most popular mobile payment route for P2P and merchant payments in India, and now Google’s stepping up with an updated UPI functionality to meet demand. Google Play has enabled users in the South Asian country to make subscription-based purchases using UPI. On Tuesday, […]

India lifts download ban on VLC • ZebethMedia

India has lifted the download ban on VLC media player, more than a month after the popular software’s developer filed a legal notice seeking explanation from the nation’s IT and Telecom ministries. The Ministry of Electronics and IT has removed its ban on the website of VLC media player, New Delhi-based advocacy group Internet Freedom […]

Citi backs Indian SaaS startup Lentra as it plans to expand internationally • ZebethMedia

India initially made its name in the tech world years ago when it staked out reputation as a key hub for business process outsourcing. Now that legacy has taken a very different turn in fintech with outsourcing of a very different kind, with the emergence of embedded finance technology. In the latest development, Lentra, an […]

Even Healthcare lands additional capital to advance primary care adoption in India • ZebethMedia

Even Healthcare, an Indian “healthcare membership” company, landed new financial support in the form of $15 million to further drive its mission of providing affordable care to communities across India. Even isn’t insurance, but allows members to access primary and preventative care at any of over 100 partnered hospitals. Typically, the way Indians access healthcare […]

General Atlantic values media tech Amagi at $1.4 billion in new funding • ZebethMedia

Amagi, which offers cloud broadcast and targeted advertising software to scores of media and entertainment giants, has raised a large new funding round as it looks to expand its tech offerings and invest in AI-powered personalization stack. General Atlantic led a new round of over $100 million, which included about $20 million in secondary buybacks, […]

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