Manish Singh

Reporter, India, TechCrunch

Manish Singh is a senior reporter at TechCrunch, covering India’s startup scene and venture capital investments. He also reports on global tech firms’ India play. Before joining TechCrunch in 2019, Singh wrote for about a dozen publications, including CNBC and VentureBeat. He graduated in Computer Science and Engineering in 2015. He is reachable on manish(at)techcrunch(dot)com.

Manish Singh

Latest from Manish Singh

Matrix is rebranding its India and China affiliates, becoming the latest venture firm to distance its international franchises. The U.S.-headquartered venture capital firm will retain its name, while Matrix Partners…

Matrix rebrands India, China units for ‘organizational independence’

Reliance Jio and Airtel, the two largest telecom operators in India, have initiated what analysts expect to be an industrywide increase in tariffs in the world’s second largest wireless market,…

Reliance Jio, Airtel kick off Indian telecom price hike

Indian e-commerce giant Flipkart has quietly started rolling out a payments app, dubbed Super.money, as it broadens its fintech ambitions. 

Flipkart Group launches payments app, Super.money, in fintech push

Accel, India’s most successful e-commerce investor, is making a contrarian move by turning its focus to smaller towns and villages.

Accel turns to rural India in hunt for future unicorns

Prosus, the largest external investor in Byju’s, has written off its 9.6% stake in Indian edtech firm.

Prosus zeroes out its 9.6% stake in Byju’s

Zepto, an Indian quick commerce startup, has more than doubled its valuation to $3.6 billion in a new funding round of $665 million.

Zepto, a 10-minute delivery app, raises $665M at $3.6B valuation

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General Catalyst merges with Venture Highway in India push

General Catalyst is linking up with Venture Highway to make a deeper push into India, where it plans to invest over $500 million in coming years.

8:30 pm PDT • June 19, 2024
General Catalyst merges with Venture Highway in India push

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Can quick commerce leapfrog e-commerce in India?

Even as quick commerce startups are retreating, consolidating or shutting down in many parts of the world, the model is showing encouraging signs in India. Consumers in urban cities are embracing the convenience of having groceries delivered to their doorstep in just 10 minutes. The companies making those deliveries —…

3:01 pm PDT • June 17, 2024
Can quick commerce leapfrog e-commerce in India?

Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with the…

India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation

An Indian court has restrained Byju’s from proceeding with its second rights issue amid allegations of oppression and mismanagement by its shareholders.

Court halts Byju’s second rights issue as $200M fundraise falters

India’s largest wealth manager focused on ultra-high-net-worth individuals, 360 One WAM, has agreed to acquire popular Indian mutual fund investment app ET Money for about $44 million. Earlier called IIFL…

India’s 360 One acquires mutual fund app ET Money for $44M

HSBC and BlackRock estimate that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing.

BlackRock has slashed the value of stake in Byju’s, once worth $22B, to zero

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Amazon buys Indian video streaming service MX Player

Amazon has agreed to acquire key assets of Indian video streaming service MX Player from the local media powerhouse Times Internet, the latest step by the e-commerce giant to make its services and brand popular in smaller cities and towns in the key overseas market.  The two firms reached a…

1:19 am PDT • June 6, 2024
Amazon buys Indian video streaming service MX Player

The National Democratic Alliance (NDA) has emerged victorious in India’s 2024 general election, but with a smaller majority compared to 2019. According to post-election analysis by Goldman Sachs, JPMorgan, CLSA,…

Modi-led coalition’s election win signals policy continuity in India — and spending cuts

Temasek has previously invested in Lenskart, and this new funding follows a $500 million investment by the Abu Dhabi Investment Authority last year.

Temasek, Fidelity buy $200M stake in Lenskart at $5B valuation

Stripe, the world’s most valuable fintech startup, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, calling the move “a tough…

Stripe curbs its India ambitions over regulatory situation

With JioFinance, the Indian tycoon Mukesh Ambani is making his boldest consumer-facing move yet into financial services.

Ambani’s Reliance fires opening salvo in fintech battle, launches JioFinance app

Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund.  The new…

Avendus, India’s top venture adviser, confirms it’s looking to raise a $350M fund

Infra.Market, an Indian startup that helps construction and real estate firms procure materials, has raised $50M from MARS Unicorn Fund.

MARS doubles down on India’s Infra.Market with new $50M investment

India’s Adani Group is in discussions to venture into digital payments and e-commerce, according to a report.

Adani looks to battle Reliance, Walmart in India’s e-commerce, payments race, report says

Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Walmart-owned Indian e-commerce startup. The Android maker will also provide Flipkart with cloud offerings…

Google invests $350M in Indian e-commerce giant Flipkart

A Jio Financial unit plans to purchase customer premises equipment and telecom gear worth $4.32 billion from Reliance Retail.

Jio Financial unit to buy $4.32B of telecom gear from Reliance Retail

India’s Oyo, once valued at $10 billion, has withdrawn its IPO application from the market regulator for the second time.

Oyo, once valued at $10 billion, shelves IPO plans for second time

Paytm, a leading financial services firm in India, said its net loss widened in the fourth quarter as it grappled with a regulatory clampdown.

Paytm warns of job cuts as losses swell after RBI clampdown

A Singapore High Court has effectively approved Pine Labs’ request to shift its operations to India.

Pine Labs gets Singapore court approval to shift base to India

Go Digit, an Indian insurance startup, has raised $141 million from investors, including Goldman Sachs, ADIA, and Morgan Stanley, as part of its IPO.

Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO

Airtel, India’s second-largest telco, is partnering with Google Cloud to develop and deliver cloud and GenAI solutions to Indian businesses.

Google partners with Airtel to offer cloud and GenAI products to Indian businesses

Meesho, a leading e-commerce startup in India, has secured $275 million in a new funding round.

Meesho, an Indian social commerce platform with 150M transacting users, raises $275M

Groww, an Indian investment app, has become one of the first startups from the country to shift its domicile back home.

Groww joins the first wave of Indian startups moving domiciles back home from US

India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI (unified payments interface) payments rail by one to two years, sources…

India likely to delay UPI market caps in win for PhonePe-Google Pay duopoly
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