CarDekho, an online marketplace for car sales in India, has pulled in a new $110 million Series C funding round from a clutch of existing investors to push deeper into financial services and insurance. Sequoia India, Hillhouse and Alphabet’s CapitalG led the round which also saw participation from Axis Bank, one of CarDekho’s financing partners. […]
View More Auto marketplace CarDekho grabs $110M to double down on insurance and financial servicesCategory: Times Internet
Byju’s targets global expansion for its digital education service after raising $540M
India-based educational startup Byju’s was widely reported to have raised a massive $400 million round and now the company is making things official. The ten-year-old company revealed today it has pulled in a total of $540 million from investors to go after international opportunities. The round is led by Naspers, the investment firm famous for […]
View More Byju’s targets global expansion for its digital education service after raising $540MJioSaavn becomes India’s answer to Spotify and Apple Music
India finally has its answer to Spotify after Reliance Jio merged its music service with Saavn, the startup it acquired earlier this year. The deal itself isn’t new — it was announced back in March — but it has reached its logical conclusion after two apps were merged to create a single entity, JioSaavn, which is […]
View More JioSaavn becomes India’s answer to Spotify and Apple MusicIndia’s Times Internet buys popular video app MX Player for $140M to get into streaming
Times Internet, the digital arm of Indian media firm Times Group, is getting into the digital content space, but not in the way you might think. The company’s previous venture — an OTT called BoxTV.com — shut down in 2016 after an underwhelming four-year period. Now it is taking a radically different strategy by buying video […]
View More India’s Times Internet buys popular video app MX Player for $140M to get into streamingTencent leads $50M investment in NewsDog, an app vying to be India’s Toutiao
The growth of China’s Bytedance, an ambitious $30 billion tech firm, and its highly-addictive Toutiao news aggregator app has set off a search for services with similar growth potential across the world. India, second in population only to China with rapidly-growing internet access, is an obvious place to look, and would-be pretender to the Toutiao […]
View More Tencent leads $50M investment in NewsDog, an app vying to be India’s ToutiaoIndia-based music streaming service Gaana raises $115M led by Tencent
Chinese internet giant Tencent is continuing to put its money in India and in music streaming services after it agreed to lead a $115 million investment in India’s Gaana. Gaana is a music streaming service that was started by Times Media, the company behind the Times of India newspaper and tech incubator Times Internet among other things, seven years ago. Gaana didn’t reveal its… Read More