Article Trunk



Posts Tagged ‘india’

Week in Review: Snapchat beats a dead horse

Hey. This is Week-in-Review, where I give a heavy amount of analysis and/or rambling thoughts on one story while scouring the rest of the hundreds of stories that emerged on TechCrunch this week to surface my favorites for your reading pleasure. Last week, I talked about how Netflix might have some rough times ahead as ...

YC-backed Lokal wants to bring local news, classifieds to 900 million Indians in their regional languages

Each month millions of Indians are coming online for the first time, making India the last great growth market for internet companies worldwide. But winning them presents its own challenges. These users, most of whom live in small cities and villages in India, can’t speak English. Their interests and needs are different from those of ...

Twitter leads $100M round in top Indian regional social media platform ShareChat

Is there room for another social media platform? ShareChat, a four-year-old social network in India that serves tens of million of people in regional languages, just answered that question with a $100 million financing round led by global giant Twitter . Other than Twitter, TrustBridge Partners, and existing investors Shunwei Capital, Lightspeed Venture Partners, SAIF ...

Xiaomi tops Indian smartphone market for eighth straight quarter

08.13.2019 · Posted in Hardware Articles, Technology Articles

Xiaomi has now been India’s top smartphone seller for eight straight quarters. The company has become a constant headache for Samsung in the world’s second largest smartphone market as sales have slowed pretty much everywhere else in the world. The Chinese electronics giant shipped 10.4 million handsets in the quarter that ended in June, commanding ...

India’s Reliance Jio inks deal with Microsoft to expand Office 365, Azure to more businesses; unveils broadband, blockchain, and IoT platforms

India’s Reliance Jio, which has disrupted the local telecom and features phone businesses in less than three years of its existence, is now ready to aggressively foray into many more businesses. In a series of announcements, the subsidiary of India’s largest industrial house Reliance Industries today said it will commercially launch its fiber-optic broadband business ...

Japan’s mobile payments app PayPay reaches 10 million users

Paytm, India’s biggest mobile payments firm, now has 10 million customers in Japan, the company said as it pushes to expand its reach in international markets. Paytm entered Japan last October after forming a joint venture with SoftBank and Yahoo Japan called PayPay. In addition to 10 million users, PayPay is now supported by 1 million ...

Africa’s top mobile phone seller Transsion to list in Chinese IPO

Chinese mobile-phone and device maker Transsion will list in an IPO on Shanghai’s STAR Market, Transsion confirmed to TechCrunch. The company—which has a robust Africa sales network—could raise up to 3 billion yuan (or $426 million). “The company’s listing-related work is running smoothly. The registration application and issuance process is still underway, with the specific ...

UrbanClap, India’s largest home services startup, raises $75M

UrbanClap, a marketplace for freelance labor in India and the UAE, has raised $75 million in a new financing round to expand its business. The Series E round for the four-and-a-half-year old India-based startup was led Tiger Global. Existing investors Steadview Capital, which led the startup’s Series D in December last year, and Vy Capital also ...

With Y Combinator’s seal of approval, MyPetrolPump raises $1.6 million for its car refueling business

Before even pitching on stage at Y Combinator, MyPetrolPump, the Indian startup with a car refueling business has managed to snag $1.6 million in its seed financing. The business, which is similar to startups in the U.S. like Filld, Yoshi, and Booster Fuels, took ten months to design and receive approvals for its proprietary refueling ...

Spacetech growth, the future of micromobility, and how to solve the **** of open offices

Is space truly within reach for startups and VC? With the 50th anniversary of the moon landing taking place this past week, Darrell Etherington takes a temperature check of the current state of spacetech, chatting with startups like Wyvern and NSLComm. What he finds is actually a fairly positive picture — not only are there ...