Tesla to recall 1,07,293 made in China Model 3 and Model Y cars

Chinese market regulatory agency has informed that Elon Musk’s Tesla will be…

Stablecoin collapse causes record lows in Bitcoin, Ethereum, other cryptocurrencies

Cryptocurrencies have yet again come under massive selling pressure as token values…

Embedded credit fintech BharatX gets seeded with $4.5Mn from YC and others

Through its embedded credit platform, BharatX lets consumer convert their spends into easy EMI options, including new & innovative ways, such as ‘Pay 3’.

SoftBank hits new low, logs record loss as tech shares plummet, Vision Fund bets falter

SoftBank has failed to hit the spot on 32 out the 34 total companies on their portfolio, including major ones such as Grab and recently IPOed Paytm.

“Informal pressure” from RBI caused trading to halt: Coinbase CEO Brian Armstrong

Despite early setback, Coinbase CEO Brian Armstrong wants to continue with the advance in Indian demographic, even if it isn’t the most profitable decision for the company.

CoinDCX launches CoinDCX ventures, commits to Web3.0 ecosystem growth in India

India’s largest cryptocurrency exchange platform CoinDCX, in a display of confidence in…

Cryptocurrency exchange KuCoin raises $150Mn, now valued at $10 Billion

Cryptocurrency exchange platform KuCoin has raked in $150 Million in a fresh pre-series B fundraise. KuCoin, a fourth year startup, is now valued at a towering $10Bn.

Instagram to soon support NFTs from Ethereum, Polygon and others: Report

In contrast to Twitter, who adopted the approach of charging users a small fee to show off their bored apes wearing Supreme jackets and Cartier chokers, Instagram will not be charging money to use NFTs.

Meta adopts hiring freeze to cut costs as revenue growth slows

The ones who hold positions in Meta as of now reportedly do not need to be worried, as Meta has not yet announced any plans for layoffs in the near future.

Crypto Investment platform Koinbasket raises $2Mn in pre-seed round

Koinbasket maintains integration with multiple exchanges across the globe in order to provide its current userbase of 15 million, comprehensive data to select a set of cryptocurrencies out of the thousands available in the market.

Elon Musk could make Twitter public again, in a few years: WSJ report

Elon’s intentions point to the classic practice of private equity firms. They takeover companies with high potential, facing problems within, and try to clean it up before taking it back to public trading.

Amazon targets $20Bn in exports from India by 2025

Amazon’s all encompassing investment in the Indian market stands at $6.5 billion, a lot higher than what the company had initially promised.

Neobank Kaleidofin rakes in $15 Mn in Series B, Michael and Susan Dell foundation leads

Kaleidofin has an impressive reach in the Indian market, carrying a userbase of 1.2 million across 230 districts in 14 states of India.

SaaS startup Toplyne tops up with $15Mn in Series A lead by Tiger Global and Sequoia

Toplyne currently has an impressive clientele which includes names like Canva, Grafana, Gather.Town, InVideo and BrowserStack.

a16z on pace to invest $500 Mn in Indian Startups: Report

a16z will be noticing familiar venture capital competitors already boasting of a dominant presence in the Indian start-up land. Accel, Lightspeed, Sequoia and Softbank have made significant moves in the Indian market.

Neobank ‘Open’ turns unicorn after latest Series D fundraise

Bengaluru based fifth year Neobank startup Open has reportedly raised $50 Mn…

Elon Musk offloads $4Bn worth of Tesla Stock, shares plummet in response

The exact reason for this move has not been revealed yet, but it wouldn’t be a stretch to assume Musk could be liquidating assets to finance the $44 Billion deal made with Twitter.

Amazon Prime announce 40 new titles, TVOD movie rental service

The last two days have been very active in the Indian OTT…

James Murdoch’s Bodhi Tree Systems to invest $1.76Bn in Reliance-owned Viacom 18 TV Network

Reliance Industries is back at money raising, once again for a company…