Rapido restricted access to the exposed portal soon after TechCrunch contacted the company. © 2024 TechCrunch. All rights reserved. For personal use only.
Category: India
Global IT News, Global Security News, India, mcdonalds, McDonalds India, Security
Bugs in a major McDonald’s India delivery system exposed sensitive customer data
McDonald’s India exposed the personal information of customers and drivers due to security flaws impacting its APIs. © 2024 TechCrunch. All rights reserved. For personal use only.
2024 venture trends, Global IT News, Global Security News, India, Startups, venture funding
Indian startups raised 32% fewer rounds in 2024 as VCs got selective
Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that investors are being more selective when striking deals. The number of startup funding rounds fell to 1,448 compared to 2,114 last year, but overall funding rose 6% to $11.3 billion — the…
clickbait, Global IT News, Global Security News, Google, India, Media & Entertainment, YouTube
YouTube says it will start cracking down on videos with clickbait titles in India
A lot of YouTube videos have flashy, misleading titles and thumbnails, such as “BREAKING NEWS” or “The president steps down,” to bait the user into watching the video, which has non-related content. YouTube said Wednesday that it is now cracking down on such videos — especially if videos with topics breaking news or current events…
Fintech, Fundraising, Global IT News, Global Security News, India, Mobikwik
India’s MobiKwik surges 82% in market debut
Shares in digital payments firm MobiKwik surged 82% to ₹507.5 ($6) on their first day of trading, as the Indian fintech company made its market debut amid fierce competition from larger rivals. The listing pushed MobiKwik’s market value to $464 million, well above its initial target of $250 million for the public offering. The valuation…
Commerce, Global IT News, Global Security News, Government & Policy, India, reliance industries, Reliance Retail, Shein, Startups
Shein must cede Indians’ data, control of local ops to re-enter India
Shein must surrender all data of Indian customers and control of its local operations to its partner, Reliance Retail, and keep operations fully local to re-enter the Indian market, according to new government disclosures that reveal how the apparel and accessories retailer secured a rare exception to India’s ban on Chinese-linked apps. In a parliamentary…
aye finance, Fintech, Global IT News, Global Security News, India, IPOs, Startups
Alphabet-backed Indian lender files for IPO
Alphabet’s CapitalG-backed Aye Finance, a lender focused on India’s micro, small, and medium enterprises, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors, with proceeds aimed at expanding the…
Enterprise, Global IT News, Global Security News, Google, Google India, India, Preeti Lobana, Sanjay Gupta, TC
Google names new India chief
Google has appointed Preeti Lobana to lead its India business, filling a key position that had been vacant since Sanjay Gupta’s promotion to Asia-Pacific president in July. Lobana, who was vice president of advertising technology at Google, takes over as the company pushes its AI products in India amid intensifying competition in the digital market.…