Why investors just bet $85M on this Indian company’s generic drug strategy
Truemeds has taken a different route from other Indian online pharmacies — and it has helped the startup double its revenue.
Commerce
Don’t let your competitor steal the brand spotlight — secure your exhibit table at TechCrunch Disrupt 2025
For 20 years, startups have come to TechCrunch Disrupt to meet their first investors, land their biggest partnerships, and spark the idea that takes them to the next level.
Uzbekistan’s first unicorn, Uzum, leaps to a $1.5B valuation
Uzbekistan’s Uzum has raised $65.5 million in a new funding round co-led by China’s Tencent and the New York- and London-based VR Capital, with participation from U.S.-based FinSight Capital.
Itch.io is the latest marketplace to crack down on adult games
Indie video game marketplace Itch.io announced this week that it has “deindexed” adult and not-safe-for-work games, removing them from its browse and search pages.
India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra
India’s financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme.
Prime Day event drove over $24B in U.S. e-commerce sales, gen AI traffic was up 3,300%
Amazon’s Prime Day, which leads to an overall boost to U.S. e-commerce thanks to competitive sales, saw a significant increase in retail traffic driven by generative AI products, including chatbots and browsers. According to a post-Prime Day analysis by Adobe Analytics, gen AI traffic to U.S. retail sites increased by 3,300% year-over-year — which was […]