India
Aug 19, 2026
Perplexity's India Bet Paid Off After Free Airtel Offer Ended
Perplexity's revenue in India rose roughly 60% after its free Airtel Pro promotion closed to new users, even as downloads fell sharply — a rare case of a freemium funnel actually converting. The story reveals how telecom bundling can seed a market with genuinely retained users, not just vanity downloads.
AI
India
Growth Strategy
Aug 12, 2026
Accel Raises $800M Europe Fund as Part of $3.5B Global Haul
Accel has raised $3.5 billion across four geographically focused funds, including an $800M vehicle for European and Israeli startups — its ninth and largest dedicated to the region. The raise signals the firm's conviction that AI is compressing the time from idea to scaled business, and that founders are raising more capital, earlier than ever.
Venture Capital
AI
Europe
Aug 1, 2026
India's App Economy Hits a Record $345M Quarter
India's app market generated a record $345 million in consumer spending during Q2, signaling a major shift in one of the world's largest download markets. For years, India led in installs but lagged badly in monetization — that dynamic is changing fast. Here's what's driving it and what it means for app developers and founders targeting the subcontinent.
Mobile
Startups
Consumer Apps
Jul 28, 2026
Cursor Bets Big on India With Localized Pricing
AI coding assistant Cursor has launched localized pricing for Indian developers, citing the country as its third-largest market globally. The move comes ahead of a reported acquisition by SpaceX and signals a broader push into emerging markets where price sensitivity is high.
AI
Developer Tools
Startups
Jul 13, 2026
Anthropic Prices Claude in Rupees for India
Anthropic is rolling out India-specific pricing for Claude, introducing rupee-denominated subscription tiers for its second-largest market. The move signals a serious push to deepen adoption in a price-sensitive but rapidly growing AI user base.
Anthropic
Claude
India
Jul 9, 2026
Nandan Nilekani Exits GP Role as Fundamentum Nets $200M
Infosys co-founder Nandan Nilekani is stepping down as General Partner at Fundamentum Partnership while remaining its anchor investor. The Indian VC firm has launched its third fund at $200M, expanding its leadership team with a sharper focus on AI and fintech.
Venture Capital
India
AI