Tag: india
Tiger Global in talks to invest in young Indian social network at $170M valuation
Who says there is no room for a new social network? Tiger Global is in advanced stages of talks to lead a round of $15 million to $20 million in seven-month-old Kutumb that values the Indian startup at about $170 million, four people familiar with the matter told TechCrunch. The…
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Former head of the World Resources Institute has a new role leading Bezos’ $10 billion Earth Fund
The $10 billion Bezos Earth Fund has a new chief executive and it’s Andrew Steer, the former head of the World Resources Institute — an organization that Bezos described as “working to alleviate poverty while protecting the natural world.” As the head of the fund, Steer will be responsible for…
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India’s Paytm turns Android smartphones into POS machines in merchants push
Paytm said on Tuesday it is turning NFC-enabled Android smartphones into point-of-sale machines, as it looks to win more merchants in one of the world’s largest mobile payments markets. A Paytm merchant partner will now be able to enable card acceptance feature from their Paytm Business app. Once activated, they…
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PUBG Mobile-developer invests $22.4 million in India’s Nodwin Gaming
Krafton, the developer of popular gaming title PUBG Mobile, has invested $22.4 million in Indian esports firm Nodwin Gaming, the two firms said Tuesday as the South Korean firm looks to maintain some presence in what was once its key overseas market. Nodwin Gaming, a subsidiary of local gaming giant…
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Indian state government website exposed COVID-19 lab test results
A security flaw in a website run by the government of West Bengal in India exposed the lab results of at least hundreds of thousands of residents, though likely millions, who took a COVID-19 test. The website is part of the West Bengal government’s mass coronavirus testing program. Once a…
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Cashify raises $15 million for its second-hand smartphone business in India
Tens of millions of people each year purchase a second-hand smartphone in India, the world’s second largest market. Phone makers and giant online sellers such as Amazon and Flipkart are aware of it, but it’s too much of a hassle for them to inspect, repair, and resell used phones. But…
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