Archive for the ‘India’ Category

India’s Swiggy turns its Minis service for small businesses into a link-in-bio landing page

Indian food delivery and quick commerce startup Swiggy is pivoting one of its smaller businesses, Swiggy Minis, into a link-in-bio service. © 2024 TechCrunch. All rights reserved. For personal use only.

WazirX halts trading after $230 million ‘force majeure’ loss

WazirX, one of India’s largest cryptocurrency exchanges, has “temporarily” suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security breach. The Mumbai-based exchange said in a tweet Sunday evening that the cyber attack had substantially impaired its ability to maintain the critical 1:1 collateral […] © 2024 TechCrunch. All rights reserved. For personal use only.