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…

Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled
Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled

Navi, the Indian fintech founded by Flipkart co-founder Sachin Bansal, has hired banks for an initial public offering of about $315m, according to a Bloomberg report. It is the clearest sign yet that Bansal’s second act is finally heading for the publi…

Google’s $15bn India data centre is running into water and wildlife
Google’s $15bn India data centre is running into water and wildlife

Google’s biggest bet in India is meeting resistance on the ground. Its $15bn data-centre project in Visakhapatnam has run into mounting opposition over water use and the wildlife living beside it. The project is enormous by any measure. Built with Gaut…

Apple just passed $10bn in India, a country where it charges more than it does at home
Apple just passed $10bn in India, a country where it charges more than it does at home

Apple has crossed $10bn in annual sales in India for the first time. The milestone says as much about where the company is heading as where it has been. Revenue for the year to March topped $10bn, Bloomberg reported. That is up from about $9bn a year e…