India neobank Fi winds down banking services on its platform
Fi, founded by former Google Pay executives, is discontinuing banking services over four years after launch.
Uzbekistan’s Uzum valuation leaps over 50% in seven months to $2.3B
Uzum now reaches 20 million users and processes $11B in payments as it expands its e-commerce and fintech ecosystem across Uzbekistan.
Flipkart moves its headquarters back to India ahead of IPO
Flipkart’s headquarters shift comes as the Walmart-backed e-commerce giant reaches about $30 billion in GMV.
Push for $40 smartphones builds momentum, but still faces cost hurdles
A coalition of telecom operators and device makers is pushing $40 smartphones to bring up to 20 million people online, but rising component costs threaten the plan.
India PC shipments surpass pandemic peak as first-time users upgrade
Pandemic-driven lockdowns exposed many people in India to PCs for the first time, expanding the country’s PC userbase and creating demand for upgrades as those devices age.
India’s Karnataka signals intent to ban social media for under-16s
Karnataka’s proposal highlights a growing global debate over children’s rights and online policy.
Alibaba’s Qwen tech lead steps down after major AI push
Reactions rippled through Alibaba’s Qwen team after tech lead Junyang Lin stepped down following a major model launch.
India’s Pronto formalizes house help as its valuation jumps 8× in under a year
Pronto handles 18,000 daily bookings and plans rapid expansion as it races rivals to digitize India’s largely offline home services market.
India’s Pronto formalizes house help as its valuation jumps 8× in under a year
Pronto handles 18,000 daily bookings and plans rapid expansion as it races rivals to digitize India’s largely offline home services market.
Google looks to tackle longstanding RCS spam in India — but not alone
Google is integrating carrier-level filtering into RCS in India through a partnership with Airtel to strengthen protections against spam.