According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $ 30 million to $ 40 million in Truemeds, an Indian online pharmacy that’s focused on providing customers with more affordable generic alternatives to costly branded medications. The talks are currently centered on a […]
India’s Star Health confirms data breach after cybercriminals post customers’ health data online
Star Health and Allied Insurance, one of the largest health insurance firms in India, has confirmed it was the target of a “malicious cyberattack,” some two weeks after cybercriminals claimed to post customers’ health records and other sensitive data online. The Chennai-headquartered insurance giant told TechCrunch in a statement Wednesday that the cyberattack resulted in “unauthorized […]
Google taps India’s love for gold to boost its credit play
Google is leveraging India’s deep-rooted affinity for gold to expand its reach in the lending market of the world’s most populous nation. The company said on Thursday that Google Pay has partnered with Muthoot Finance, India’s largest gold-backed loans provider, to offer secured loans to users across the country. Google said the move aims to […]
India’s Star Health says it’s investigating after hacker posts stolen medical data
Star Health and Allied Insurance, one of India’s biggest health insurance firms, is investigating a cybersecurity incident that allegedly leaked sensitive data associated with its customers, including their medical records. The Chennai-headquartered insurance giant told TechCrunch that a “forensic investigation” is ongoing after data allegedly stolen from the company was shared online. A hacker group […]
Airtel taps AI to combat India’s rampant spam calls problem
Bharti Airtel, India’s second-largest telecom operator, said on Wednesday it’s rolling out an AI-powered spam detection solution to all its customers to curb the raging spam calls and messages problem in the country. The company claims the solution is India’s first network-based, AI-powered, spam detection system. The feature will alert Airtel’s customers in real-time to […]