Manish Singh, TechCrunch

Manish Singh

TechCrunch

India

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Recent articles by Manish:

WhatsApp now lets users encrypt their chat backups in the cloud

WhatsApp is beginning to roll out a new feature that will allow its 2 billion users to encrypt their chats stored in iCloud and Google Drive. → Read More

India’s CarDekho becomes unicorn with $250 million fundraise –

CarDekho, an Indian search and e-commerce platform for new and used cars, has become the latest startup in the world’s second-largest market to reach the unicorn status. The 14-year-old startup said on Wednesday it has raised $250 million — $200 million in equity and $50 million in debt — in its Series E financing round. […] → Read More

India’s MX Player tops 1 billion downloads –

MX Player, the popular on-demand video streaming service, has passed 1 billion downloads, joining a very small but high-profile list of apps globally to achieve this milestone. The firm, owned by Indian conglomerate Times Internet, is the first from the world’s second largest market to make it to the group. The app, which began its journey […] → Read More

Google and Temasek back Indian neobank Open in $100 million fundraise –

Google has invested in Bangalore-based Open, becoming the latest high-profile investor to back a neobanking platform. Open said on Tuesday it has raised $100 million in a Series C financing round. Singapore’s sovereign wealth fund Temasek led the round, and Google and Japan’s SBI Investment (not to be confused with SoftBank or India’s SBI bank) […] → Read More

Indian fintech CRED seeks funds at $5.5 billion valuation –

CRED has begun to engage with investors to raise money at a valuation of $5.5 billion as the Indian fintech startup eyes international expansion and inorganic growth, a source familiar with the matter told me. The startup has received a number of inbound requests from investors and has also held talks with some in recent […] → Read More

Tiger Global in talks to lead over $100M investment in India’s Slice –

A number of high-profile investors are chasing to invest in Slice, a fintech startup that is attempting to expand the market for credit cards in India. Tiger Global is in advanced stages of talks to lead a round of over $100 million in the Bangalore-based startup, sources familiar with the matter told me. A number […] → Read More

Indian cloud kitchen startup Rebel Foods valued at $1.4 billion in $175 million fundraise –

Rebel Foods, which operates a large network of dark kitchens in nearly a dozen markets, is the latest Indian startup to attain the unicorn status. The Bangalore-based startup said on Thursday it has raised $175 million in its Series F financing round that valued it at $1.4 billion, up from about $800 million last year. […] → Read More

a16z backs CoinSwitch Kuber in first India investment

Andreessen Horowitz and Coinbase Ventures have co-led a $260 million investment in CoinSwitch Kuber, valuing the Indian startup at $1.9 billion. → Read More

Telegram says it added 70M users while Facebook and WhatsApp were down –

Facebook’s hours-long outage on Monday may have hurt the company, its founder, shareholders, and many businesses that rely on the social juggernaut’s services. But for its instant messaging rivals, it was a very good day. Telegram founder and chief executive Pavel Durov said on Tuesday that his instant messaging app added 70 million users on […] → Read More

Chalo raises $40 million to digitize bus commutes in India –

More than a decade ago, Mohit Dubey founded CarWale, a startup that allows people to sell and buy used and new cars. But spending more than 10 years with the startup made Dubey realize that he was solving problems for just 3% of India. He wanted to try something bigger. Literally. His current venture is […] → Read More

India’s Licious becomes unicorn with $52 million fresh fundraise –

Licious, a Bangalore-based startup that sells fresh meat and seafood online, said on Tuesday it has raised $52 million in a new financing round and become the first direct-to-consumer startup to attain the unicorn status in the world’s second largest internet market. The new round — Series G — was led by Mumbai-headquartered IIFL. It […] → Read More

Indian edtech giant Byju’s valued at $18 billion in new funding –

Byju’s has raised about $300 million as part of a larger round of new investment as the Indian edtech giant focuses on expanding its international business and aggressively explores merger and acquisition opportunities. A filing, supplied to TechCrunch by research firm Tofler, showed that the new investment values the startup at $18 billion, up from […] → Read More

B Capital in talks to back Indian neobank Fi –

B Capital Group, which last week co-led Indian social commerce Meesho’s $570 million funding, is in advanced stages of talks to back Bangalore-based neobank Fi (formerly known as epiFi), many aware of the talks told me. Fi offers a neobanking service for millennials in India. The startup, which early last year raised $13.2 million in […] → Read More

Jeff Bezos in talks to back Indonesian e-commerce Ula –

One-a-half-year-old Indonesian e-commerce startup Ula, which has already raised over $30 million and courted many high-profile investors, is inching closer to adding one of the biggest tech profiles to its cap table. The Jakarta-headquartered startup — which counts B Capital Group, Sequoia Capital India, Lightspeed Venture Partners, and Quona Capital among its existing investors — […] → Read More

SoftBank-backed Oyo files for $1.16 billion IPO –

Oyo is ready to explore the public markets. The eight-year-old Indian budget hotel giant has filed the paperworks with the local market regulator for an initial public offering, in which it is seeking to raise about $1.16 billion. The company is seeking to issue new shares worth $940 million (primary) and offer sale of about […] → Read More

Tech giants brace for impact in India as new recurring payments directive goes into effect –

Apple, Sony, Google, Zoom, PayPal and several other tech companies as well as scores of banks have cautioned customers and partners in India to expect a surge in declined transactions as the world’s second-largest internet market’s central bank enforces a new directive for the way recurring payments are processed in the country. The Reserve Bank […] → Read More

Ola Electric raises $200 million at $3 billion valuation –

Ola Electric said on Thursday it has raised over $200 million in a new financing round at a valuation of $3 billion, up from $1 billion two years ago, as it looks to scale its electric vehicle manufacturing business in the South Asian market. Falcon Edge Capital and SoftBank Vision Fund 2 co-led the financing […] → Read More

Tiger Global backs India’s OfBusiness at $3 billion valuation –

OfBusiness, a commerce startup that sells industrial goods and provides small businesses with credit, has doubled its valuation in less than two months to $3 billion. Tiger Global led the six year-old startup’s $207 million Series F round, and SoftBank and Alpha Wave participated in it, OfBusiness said. The new investment comes just two months […] → Read More

Indian social commerce Meesho raises $570 million at $4.9 billion valuation

Meesho has more than doubled its valuation in less than six months to $4.9 billion as a number of high-profile investors back the social commerce startup. → Read More

Indian online learning platform Vedantu becomes unicorn with $100 million funding –

Online learning platform Vedantu has raised $100 million in a new financing round and has become the latest Indian startup to become a unicorn following a year of strong growth. Vedantu, which last month refuted rumors of it considering a sale to Byju’s, said on Wednesday it has raised $100 million in its Series E […] → Read More