India’s smartphone shipments in the second quarter of 2025 have grown 8 percent year-on-year (YoY), according to a market research firm. The growth was largely driven by a 33 percent growth in new phone launches across various segments, signalling aggressive efforts from brands to capitalise on rising demand, especially in the mid and premium price … Read more
India’s smartphone shipments in the second quarter of 2025 have grown 8 percent year-on-year (YoY), according to a market research firm. The growth was largely driven by a 33 percent growth in new phone launches across various segments, signalling aggressive efforts from brands to captialise on rising demand, especially in the mid and premium price … Read more
Sumit Gupta, the CEO of CoinDCX crypto exchange has refuted claims that it has allegedly defrauded some of its users. This response came after media reports citing anonymous police officials from Delhi claimed that CoinDCX asked users to pay extra money to process withdrawals – with a promise of tax deduction and refund from the … Read more
Indian crypto exchanges are reaping the benefits of the government opening compliance investigations on foreign crypto exchanges like Binance and Kraken. Over the last week, Indian crypto exchanges recorded a massive inflow of deposits, that has now opened a competition amongst Indian exchanges. CoinDCX, that claims to have seen a 2,000 percent hike in crypto … Read more
Apple’s App Store, as of Wednesday, January 10 is not showing a number of foreign crypto exchanges like Binance and Kraken in India. Several members of India’s crypto community posted screenshots of their Apple Store searches on X, showing no results on the App Store. The development comes at a time when the government of … Read more
The startup ecosystem of India, emerged as the third largest in the world, with over 99,000 recognised firms and 108 unicorns. In regard to the Web3 ecosystem, industry players have identified setbacks, that is slowing down the overall growth of the sector. As India observes the National Startup Day on Tuesday, January 16 – CoinDCX’s … Read more
Ahead of India’s 75th Republic Day, Indian crypto exchange CoinDCX has announced a grant programme for Indian Web3 developers in partnership with the Solana Foundation. The grant, worth Rs. 25 crore, aims to help bootstrapped Indian Web3 developers designing products on the Solana blockchain. In an official announcement shared on Thursday, January 25, CoinDCX said … Read more
Ahead of the upcoming budget announcement for 2024, the Indian web3 community has come together in unison to demand relief over tax rules concerning crypto. For the last two years, the Indian government has paid no heed to the sentiment of the Web3 community, that has been urging for a revision on crypto-related tax laws. … Read more
Meta has reportedly reached out to India’s telecom regulator seeking assistance in addressing metaverse and AI-related issues. In a detailed written letter to the Telecom Regulatory Authority of India (TRAI), the US-based tech giant has asked for the creation of regulatory sandboxes to bridge the regulatory gaps and develop a nurturing policy work for the … Read more
Indian crypto and Web3 industry, for days, had been adding posts after posts on social networking platforms urging the government to ‘#ReduceCryptoTax’. Despite the outcry, India Finance Minister Nirmala Sitharaman did not even mention the crypto sector in the interim budget speech she presented in the parliament on Thursday, February 1. This has left members … Read more