BusinessStartupsTechnology

BlaBlaCar’s India Comeback Makes It Company’s Largest Market

BlaBlaCar’s Indian user base has skyrocketed from 4.3 million in 2022 to a projected 20 million this year, making it the company’s largest market globally. The turnaround comes seven years after the French carpooling platform shut its local office following poor traction against Uber and Ola.

From Exit to Expansion

In what industry analysts are calling one of tech’s most surprising comebacks, French carpooling platform BlaBlaCar has quietly transformed India from a market it once abandoned into its largest user base worldwide. According to recent reports, the company projects 20 million passengers in India this year—nearly a 50% jump from 2023 figures and enough to surpass established markets like Brazil and France.

BusinessStartups

Zepto Valuation Reaches $7 Billion in Rapid-Commerce Expansion

Indian rapid-commerce platform Zepto has reportedly seen its valuation surge to $7 billion according to recent reports. The startup’s growth reflects the intensifying competition in the instant delivery sector as investors show increasing confidence in quick-commerce models across emerging markets.

Zepto’s Valuation Milestone in Competitive Market

Indian quick-commerce startup Zepto has reportedly reached a $7 billion valuation according to recent analysis from Bloomberg L.P. coverage. The rapid valuation increase comes as the company expands its 10-minute delivery services across major Indian cities, with sources indicating this represents one of the most significant funding rounds in the country’s rapidly growing quick-commerce sector.

Economy and TradingInternational Business and Trade

US Tariffs Drive Sharp Decline in India Exports as Trade Talks Intensify

India’s exports to the United States have plummeted 37.5% over four consecutive months as new tariffs take effect. Trade negotiations between the two countries have resumed with the goal of concluding an agreement by next month amid ongoing disputes over agriculture and dairy access.

Significant Export Decline Following Tariff Implementation

India’s exports to the United States have reportedly plunged 37.5% over four consecutive months, dropping from $8.8 billion in May to $5.5 billion in September, according to recent trade analysis. The decline comes as new tariff measures implemented by the Trump administration continue to weigh heavily on bilateral trade relations between the two nations.

BusinessInternational Business and Trade

DBS CEO Advocates Diversification Strategy Amid Trump Tariff Threats, Points to Asia Trade Shifts

Southeast Asia’s largest bank faces economic uncertainty as U.S. tariffs threaten global trade flows. DBS’s first female CEO reveals how diversification and regional partnerships could redefine supply chains. The banking leader also shares insights on her transformative journey from “worst bank” to industry powerhouse.

Economic Storm Clouds Gather as New CEO Takes Helm

DBS Group Holdings Ltd., Southeast Asia’s largest bank, faced immediate economic headwinds as CEO Tan Su Shan assumed leadership in March, just days before former U.S. President Donald Trump implemented sweeping tariff measures across global markets, according to reports from the Fortune Most Powerful Women Summit.

Economy and TradingInternational Business and Trade

India’s Trade Deficit Widens Significantly in First Full Month Following US Tariff Implementation

India’s trade imbalance has widened substantially in the first complete month following the implementation of new US tariffs. The deficit expansion comes as export growth slowed while import costs remained elevated, creating challenges for policymakers in New Delhi.

India’s trade deficit has expanded significantly during the first full month following the implementation of new tariff measures by the United States, according to recent economic data. The widening gap between imports and exports presents fresh challenges for policymakers in India as they navigate an increasingly complex global trade environment.

Trade Deficit Expansion Details