Mercor competitor Deccan AI raises $25M, sources experts from India
Deccan AI concentrates its workforce in India to manage quality in a fast-growing but fragmented AI training market.
Accel, Prosus pick six ‘off-the-map’ startups for inaugural India cohort
The six startups were selected from over 2,000 applications and will receive $500,000 to $2 million each.
Crunchyroll confirms data breach after hacker claims unauthorized access
Crunchyroll said it continues to investigate the data breach involving its users’ personal information.
Ultrahuman ramps up U.S. push with Ring Pro as Oura tightens its grip
Ultrahuman pushes back into the U.S. with Ring Pro, as Oura strengthens its lead in a market driving 60% of global demand.
Bengaluru food delivery startup Swish raises $38M: its third round in 18 months
Swish has more than doubled its valuation in a year as its full-stack, hyperlocal model positions ultra-fast food delivery as a high-frequency habit.
Oura enters India’s smart ring market with the Ring 4
Finnish smart ring maker Oura is finally launching in India, taking on local rivals such as Ultrahuman in a relatively young smart ring market that is becoming price-sensitive thanks to an influx of low-cost options.
Walmart-backed PhonePe shelves IPO as global tensions rattle markets
PhonePe has paused its planned IPO, delaying a major liquidity event for investors including Tiger Global and Microsoft.
Google, Accel India accelerator choses 5 startups and none are ‘AI wrappers’
Google and Accel say about 70% of AI startup pitches tied to India were “wrappers” as they reviewed more than 4,000 applications for their Atoms cohort.
Unacademy to be acquired by upGrad in share-swap deal as India’s edtech sector consolidates
The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.
Ride-hailing inDrive acquires Pakistan’s Krave Mart to bolster grocery delivery
inDrive has closed its acquisition of KraveMart, expanding grocery delivery in a market dominated by Foodpanda.