Spaceflight startup Skyroot wants to make history by launching India’s first privately developed rocket, and it’s aiming to do so as early as next week. The company said Tuesday that the first launch of the Vikram-S suborbital rocket could occur as early as November 12, with a launch window that extends until November 16. The […]
Unacademy has eliminated 10% of its workforce, or about 350 roles, in its second round of layoffs this year as the Indian edtech warns of harsh economic conditions. In an email to employees on Monday, Unacademy co-founder and chief executive Gaurav Munjal said the startup is cutting jobs across several verticals, many of which it […]
Amazon has introduced a new price tier for Prime Video in India, making the on-demand video streaming service even more affordable as it races to win more customers in the South Asian market where it competes with giants including Disney’s Hotstar and Netflix. The e-commerce group said it will offer the yearly subscription to Prime […]
Twitter may extend its subscription service to India in “less than a month,” its owner and chief executive Elon Musk said, offering a glimpse at just how aggressively he plans to roll out Twitter Blue to the larger world. Twitter launched Twitter Blue in four markets — US, Canada, Australia and New Zealand — last […]
Ajit Mohan, the head of Meta in India, has left the firm and joined rival Snap, according to sources familiar with the matter. At Snap, Mohan will serve as the President of the APAC business, two sources said. Mohan joined Meta, called Facebook then, in January 2019 as a VP and MD of the India […]
Top crypto firms including Coinbase and Polygon are among the firms that have formed an industry body in India to promote dialogue between key stakeholders and drive awareness about web3, months after the largest local crypto advocacy group was disbanded. Members of the new industry body, named Bharat Web3 Association (BWA), include top local crypto […]
Chris Sacca’s Lowercarbon is doubling down on a startup that is racing to bring solar modules to rooftops in India. SolarSquare said on Thursday it has raised $13 million in a Series A funding round led by Lowercarbon and Elevation Capital, just months after securing its seed financing. Existing backers Good Capital, Rainmatter, and social […]
A smart card bug lets anyone ride the metro for free India’s mass rapid transit systems — or metro, as it’s known locally — rely on commuter smart cards that are vulnerable to exploitation and allow anyone to effectively travel for free. Security researcher Nikhil Kumar Singh discovered a bug impacting Delhi Metro’s smart card […]
Indian edtech giant Byju’s is engaging with bankers to put together a plan for the initial public offering of its physical tutor chain unit Aakash, which it acquired last year, a source familiar with the matter told ZebethMedia. The Bengaluru-headquartered firm is looking to raise $800 million to $1 billion in the initial public offering […]
India’s Decentro, the Y Combinator-backed startup that helps companies enter the fintech market by deploying its APIs, has raised $4.7 million in a Series A round. The Bengaluru-based startup offers banking and payments APIs that allow development of fintech products such as banking, payment cards, neobanking and collections and payout services in a short period […]
