India’s fraud office recommends a detailed investigation into Xiaomi’s local business
India’s fraud office recommends a detailed investigation into Xiaomi’s local business

India’s Serious Fraud Investigation Office has recommended a detailed investigation into Xiaomi’s business in the country, according to an internal document examining how money moved through the company’s Indian operations and whether it obtained the a…

Google-backed Pixxel raises $100M in India’s largest space tech round
Google-backed Pixxel raises $100M in India’s largest space tech round

Pixxel, the Indian company that has spent six years arguing that Earth observation is worth doing in colours the human eye cannot see, has raised $100M in a Series C round led by Singapore’s state investor Temasek and the London-listed Seraphim Space I…

Ultrahuman raised $70m to turn its ring into a computer
Ultrahuman raised $70m to turn its ring into a computer

Ultrahuman has raised $70m, and the pitch it made to get the money is not a better sleep score. The Indian company wants its smart ring to stop being a tracker and start running software. TechCrunch’s Jagmeet Singh reported the round first, with an int…

Adobe acquires Indian market intelligence startup Rilo

This is Adobe’s second acquisition out of India after Rephrase.ai in 2023

Reliance’s JioHotstar takes its streaming empire global — without sports

JioHotstar will only have entertainment content when it launches in the UK, Canada, and Singapore.

Meta removes fraud app ads in India, after being asked twice
Meta removes fraud app ads in India, after being asked twice

Meta removed dozens of advertisements for apps that presented themselves as pornography but actually functioned as banking malware, after the Indian government issued an advisory. Reuters then found at least 39 more of the ads still running and reporte…

India’s Ringg gets backing from Peak XV as it pushes voice AI past the phone call

Ringg has raised $10 million from Peak XV as a part of its Series A extension.

Google says Gemma has passed a billion downloads
Google says Gemma has passed a billion downloads

Google says its Gemma family of open models has passed a billion downloads. Developers have published more than 100,000 Gemma variants over the past two years, the company said in a blog post on Thursday. Clement Farabet, a vice president at Google Dee…

Prosus is putting $100mn into Navi, at a lower price than it once wanted
Prosus is putting $100mn into Navi, at a lower price than it once wanted

Navi, the Indian fintech founded by the Flipkart co-founder Sachin Bansal, has raised $100mn from the investor Prosus. It is the first outside institutional funding for the eight-year-old company, TechCrunch reported. Navi is preparing to go public. Th…

Google plans to end Pixel production in China by 2027
Google plans to end Pixel production in China by 2027

Google has told suppliers it plans to move all Pixel production out of China from 2027, according to Nikkei Asia. That covers phones, smartwatches and wireless earbuds. Lauly Li reported the plan on 18 August, citing the ongoing tensions between Washin…