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Nearly all post-harvest interventions that exist in India today are focused largely toward major agriculture centres such as Kota in the northern Indian state of Rajasthan and Azadpur Mandi in capital New Delhi, explained Prasanna Rao, co-founder and chief executive of Arya, in an interview with TechCrunch.
Apple will launch its online store in India on September 23rd, giving customers in India a way to buy Apple products directly from the company for the first time. We can’t wait to connect with our customers and expand support in India with the Apple Store online on September 23! Image: Apple.
DeHaat, an online platform that offers full-stack agricultural services to farmers in India , has raised $115 million in what is the largest funding round for an agritech startup in India, where farm produce yields two-thirds of the country’s $1 trillion in annual retail spending. DeHaat has grown 5x in the past seven months, he said.
On Wednesday it announced its acceptance by the market has helped it raise $70 million in a new financing round as the startup prepares to scale the 16-month-old app across India. The app also offers people the opportunity to upskill themselves, practice with their interview performance, and become eligible for even more jobs.
Andreessen Horowitz and Coinbase Ventures have minted a new unicorn in India: CoinSwitch Kuber. This is a16z’s first investment in India. Existing investors Tiger Global and Sequoia Capital India also participated in the new round, which is also the largest for a cryptocurrency startup in India.
Tens of millions of people each year purchase a second-hand smartphone in India, the world’s second-largest market. But 90% of its business today surrounds the smartphone category, explained Mandeep Manocha, founder and chief executive of Cashify, in an interview with TechCrunch.
How big is the market in India for a neobank aimed at teenagers? General Catalyst, Rocketship VC, Greenoaks Capital and existing investors Sequoia Capital India, Y Combinator, Global Founders Capital and Venture Highway also participated in the new round, which brings FamPay’s to-date raise to $42.7 Unlike in the U.S.,
Recently, Social Misfits Media’s Community Manager, Angharad Francis, interviewed the brilliant Pushpa Aman Singh, Founder of GuideStar India. In this interview, Pushpa discusses her journey prior to founding GuideStar India, her role in helping NGOs and how WhatsApp is driving strong communication among stakeholders.
Undergirding their strong conviction is a bet that India and Indonesia and other markets in South Asia will double and triple their GDPs in the next 10 to 15 years, and the public markets and tech companies stand to take a significantly broader role in that surge. The combined market cap of top-five tech companies in the U.S.
The new investment, especially from high-profile global investors, shows the appetite many have for the buy now, pay later space, a category that has made deep inroads globally in recent years, and their bullishness on young firms in India. Is India’s BNPL 2.0 set to disrupt B2B?
Sequoia India and Southeast Asia has launched a new program to help its portfolio’s early-stage founders connect with international operators who can help the startups expand to new markets, the venture firm said, as it aggressively scales its offerings in the key regions. The firm, which launched a $2.85
UrbanPiper, a restaurant management platform that processes 18% of all online food orders in India, has raised $24 million in a new financing round from a number of investors including Swiggy and Zomato, the three firms said Monday. UrbanPiper has also expanded to seven nations outside of India, including some in MENA and EU regions.
Sequoia Capital India led the San Francisco and Bangalore-headquartered startup’s $30 million Series B round. Hevo Data is building foundational infrastructure to enable bi-directional mobility of data,” said Tejeshwi Sharma, MD at Sequoia India, in a statement.
(Google caught wind of this recently, and last month removed hundreds of such apps from the Play Store in India. Google cracks down on personal loan apps in India following abuse and outcry. Gold jewelry is a show of strength and pride in India, and families pass on their reserve to future generations. Then there’s gold.
Millions of retail stores in India are struggling to compete with large retail chains and e-commerce giants Amazon and Flipkart because they don’t offer a wide selection of items and they are unable to provide customers with best prices. “The They power 75% of all consumer durable purchases in India, said Khan. Image Credits: Arzooo.
A startup that is improving the way construction and real estate companies in India procure materials and handle logistics for their projects has received the backing of three new investors. We don’t own the asset and are creating private label brands,” he said in an interview with TechCrunch.
It has also courted several high-profile customers, including Reuters, AT&T, Dropbox and P&G, Sanket Shah, co-founder and chief executive of InVideo, told TechCrunch in an interview earlier this week. InVideo ’s $15 million Series A financing round was led by Sequoia Capital India.
Existing backer Sequoia India and Southeast Asia also participated in the round, Progcap said. As we have previously written , a significant number of retailers in India struggle with access to working capital. Facebook launched a program in India last year to help small and medium-sized businesses secure loans.
The Signal is aiming to serve a need for the modern pace of life where everybody is busy, said Dinesh Narayanan , its co-founder and editor in an interview. Signal says it is aiming to serve savvy audiences in India and beyond. and the UK, where several media venture founders have made successful exits, India is yet to demonstrate any.
Appier ’s initial public offering on the Tokyo Stock Exchange yesterday was a milestone not only for the company, but also Sequoia Capital India, one of its earliest investors. Founded in Taiwan, Appier was the fund’s first investment outside of India, and is now also the first company in its portfolio outside of India to go public.
Aadit Palicha and Kaivalya Vohra had returned to India for a break shortly before the pandemic engulfed the nation. We felt that the online play of the Indian grocery delivery space, which is one of the world’s largest, was grappling with some gross execution errors,” Palicha told TechCrunch in an earlier interview.
On a clear afternoon, Laxmi (name changed) was sitting in her office in Gujarat, India, when she received a message from her distant relative, saying that they received some of her “morphed” nude photos from multiple phone numbers on WhatsApp along with a text that reads, “loan thief.”
Existing investors, including Lightspeed India and Sequoia Capital India, also participated in the round, which brings the five-year-old startup’s raise to-date to about $35 million. “In HR tech and SaaS space, we are now only behind SAP and Oracle in India in terms of revenue,” he said.
Sequoia Capital India and STV co-led this extension round (STV co-led the first Series B round). The reason I think we see this is the fact that we’re not only displacing credit card transactions in our market, but we’re displacing a much bigger consumer spend, which is cash,” Arab told TechCrunch in an interview.
Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the most successful hardware startup story in the world’s second-largest internet market. There aren’t many hardware startups in India. More to follow…
For most people in India, having to engage with banks doesn’t instill a sense of joy. It’s a very time-consuming process and requires a lot of initial capital and experience with banks,” he told TechCrunch in an interview. A snapshot of the reach of banks and fintech startups in India.
Prismforce, an India-U.S. million in a Series A round led by Sequoia Capital India. Chatterjee did not disclose their names but said half of them have their presence in India, while half of them are U.S.-domiciled startup that provides IT and tech services companies with tools to build better talent supply chain, has raised $13.6
The title, PUBG Mobile, amassed over 50 million monthly active users in India, becoming the most popular mobile game in the country, until it landed on the list of apps New Delhi ordered to block over national security concerns. Krafton’s investments in India so far. Krafton’s India team (Image credits: Krafton India).
Unacademy, an online learning platform in India, has added two more marquee investors to its cap table. In recent months, the startup has held several online interviews of high-profile individuals, such as Indian politician Shashi Tharoor, on a range of topics, which has expanded its appeal beyond its student base.
Foxconn is investing more in India , underscoring how critical it is for major electronics supply chain companies to diversify out of China — and the immense costs involved. TechCrunch also has a great show on crypto , a show that interviews founders , one that details how our stories come together and more!
A startup by an Apple alum that has become home to millions of low-skilled workers in India said on Tuesday it has raised an additional $12.5 One-year-old Apna said Sequoia Capital India and Greenoaks Capital led the $12.5 Existing investors Lightspeed India and Rocketship VC also participated in the round. “The
A 22-month-old startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs has become the youngest firm to join the coveted unicorn status in the world’s second-largest internet market. ” Tiger Global goes super aggressive in India. Image Credits: Apna. But somebody has to solve it.”
India’s Zomato raises $100M from Tiger Global, says it is planning to file for IPO next year. The Gurgaon-headquartered startup, which acquired the Indian food delivery business of Uber early this year, competes with Prosus Ventures-backed Swiggy in India. Making money with food delivery has been especially challenging in India.
Jio Platforms, the biggest telecom operator in India and which has raised over $20 billion from Facebook, Google and other high-profile investors this year, is leading a financing round of a San Francisco-based startup that develops augmented reality mobile games. billion in India’s Reliance Jio Platforms. Google invests $4.5
India’s path to SaaS leadership is clear, but challenges remain. By 2030, India’s SaaS industry is estimated to comprise 4%-6% of the global market and generate between $50 billion and $70 billion in yearly revenue, according to a SaaSBOOMi/McKinsey report. Bird shows improving scooter economics, long march to profitability.
Once overlooked, agritech startups are beginning to have a moment in India. RTP Global and existing investors Sequoia Capital India, FMO, Omnivore and AgFunder also participated, bringing the startup’s to-date raise to over $46 million. Agritech startup DeHaat raises $12M to reach more farmers in India.
The firm is one of the earliest startups in India that has demonstrated success with blending content and commerce to drive sales. POPxo’s userbase, in the meantime, has ballooned to 88 million users, up from 60 million in July, said Gill in an interview. Four years is a long time in the startup world.
million in a round co-led by Sequoia Capital India and Flourish Ventures. Like its neighboring nation, India, more than 95% of all retail in Bangladesh goes through neighborhood stores in the country. in an interview with TechCrunch. Zaman said the startup will hire more engineering talent in India.
In an interview with TechCrunch, Shah said that about 10% of CRED’s cap table is currently allocated to employees, and those who held vested stocks were eligible to sell up to 50% of their shares back to the startup in its first ESOP liquidity program. million in the past year, or about 20% of the credit card holder base in India. .”
Hundreds of thousands of used cars are sold in India each month. One of the biggest challenges people face in buying a used car is the trust factor, Niraj Singh, co-founder and chief executive of Spinny told TechCrunch in an interview earlier this year. Spinny is the second Indian startup to become a unicorn this week.
Industry veteran Jitendra Gupta’s neobank for consumers in India — Jupiter — has raised $45 million in a new financing round as the Bangalore and Mumbai-based startup gears up for its platform’s public launch in about a month. Jupiter has built a neobank for consumers in India. Image Credits: Jupiter.
You get the order, you find manufacturers and workshops that make them,” explained Amrit Acharya, co-founder and chief executive of Zetwerk, in an interview with TechCrunch. The opportunity in India itself is gigantic. According to industry reports, manufacturing today accounts for 14% of India’s GDP.
CRED, founded by Kunal Shah, has become one of the most talked-about startups in India, in part because of the pace at which its valuation has soared. Sequoia Capital India didn’t immediately respond to a request for comment. Credit card in India remains an aspirational product. It had more than 5.9
Both Twitter and Snapchat have about 50 million monthly active users in India, according to a popular mobile insight firm. Last year, Google announced that it plans to invest $10 billion in India over the course of five to seven years. in India’s Reliance Jio Platforms. Days later, the company invested $4.5
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