India reportedly wants to build its own WhatsApp for government communications

India may have plans to follow France’s footsteps in building a chat app and requiring government employees to use it for official communications. The New Delhi government is said to be pondering about the need to have homegrown email and chat apps, local news outlet Economic Times reported on Thursday. The rationale behind the move […]

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India’s Unacademy raises $50 million to grow its online learning platform

Big money continues to flow in India’s growing education market. Bangalore-based Unacademy, which operates an online learning platform to help millions prepare for competitive exams in India, has raised $50 million to further scale its reach. The Series B financing round was led by Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures, with […]

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India’s Open ‘neo-bank’ raises $30 million to help businesses automate their finances

Open, a Bangalore-based startup that operates a “neo-bank” to help businesses automate and run their finances, has bagged $30 million in a new funding round as investors look to replicate a globally tried and tested business idea in emerging markets. The Series B financing round for the two-year-old startup was led by Tiger Global with […]

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Indonesia’s KoinWorks raises $12 million to grow its P2P SME lending platform

KoinWorks, an Indonesian startup that helps small and medium-sized businesses secure financial services through its online peer-to-peer platform, has raised $16.5 million SGD ($12 million USD) in a new funding round as money continues to flow in what has become a hot space for investors. The Series B round for the three-year-old startup was led […]

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Byju’s-owned Osmo education startup enters pre-schoolers market

Osmo, a Palo Alto-based education startup acquired by Indian unicorn Byju’s for $120 million this year, is expanding its product lineup to serve a new and largely untapped market: pre-schoolers. Osmo today announced Osmo Little Genius Starter Kit, a set of tools that aims to help children that have yet to enter schools to understand […]

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Cricket World Cup highlights just how big video streaming is in India

As hundreds of millions of people turn their attention to the ongoing ICC Cricket World Cup tournament, many of them are using an Indian streaming service to follow the ins and outs of the game. More than 100 million users tuned in to Hotstar, an on-demand streaming service owned by Disney, on June 16, the […]

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Facebook adds new limits to address the spread of hate speech in Sri Lanka and Myanmar

As Facebook grapples with the spread of hate speech on its platform, it is introducing changes that limit the spread of messages in two countries where it has come under fire in recent years: Sri Lanka and Myanmar. In a blog post on Thursday evening, Facebook said that it was “adding friction” to message forwarding […]

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Calibra wallet won’t launch in Facebook’s biggest market

Facebook unveiled its audacious Libra cryptocurrency and Calibra digital wallet on Tuesday through which it plans to transform financial services across the globe. The social juggernaut made clear of its ambitions when it said that it wishes to empower more than 1.7 billion people around the world who currently do not have a bank account. […]

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Anti-spam service Truecaller adds free voice calling feature

Truecaller, an app best known for helping users screen calls from strangers and spammers, is adding yet another feature to its service as it bolsters its super app status. The Stockholm-based firm said today that its app can now be used to place free VoIP-powered voice calls. The company told TechCrunch on Tuesday that it […]

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