Tag: india
European Parliament amps up pressure on EU-US data flows and GDPR enforcement
European Union lawmakers are facing further pressure to step in and do something about lackadaisical enforcement of the bloc’s flagship data protection regime after the European Parliament voted yesterday to back a call urging the Commission to start an infringement proceeding against Ireland’s Data Protection Commission (DPC) for not “properly…
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India objects to ‘manipulated’ label on politicians tweets
The Indian government has expressed strong objection to Twitter for classifying certain tweets by Indian politicians as “manipulated media,” according to a notice leaked to journalists Friday. The notice comes two days after Twitter labeled a tweet from Sambit Patra, the spokesperson of India’s ruling party BJP, as “manipulated media.”…
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PhonePe in talks to acquire Indian app store Indus OS
Walmart-backed Indian payments services firm PhonePe is in advanced stages of talks to acquire Samsung-backed Indus OS, a startup that operates an eponymous third-party Android app store, a source familiar with the matter told TechCrunch. The deal values Noida-headquartered Indus OS at $60 million, the source said, requesting anonymity as…
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Equity Monday: Elon Musk Elon Musk’s the crypto markets, while Indian startups raise huge rounds
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative…
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India’s Moglix valued at $1 billion in $120 million fundraise
Moglix, an industrial business-to-business marketplace in India, said on Monday it has raised $120 million in a new financing round at $1 billion valuation, becoming the 13th firm from the world’s second largest market to attain the unicorn status this year. The startup’s Series E financing round was led by Falcon…
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Merchant commerce platform Pine Labs valued at $3 billion in new fundraise
Pine Labs, a startup that offers merchants payments terminals, invoicing tools and working capital, said on Monday it has completed the first close of a $285 million funding as the nearly two-decade-old firm looks to expand its business. Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry…
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