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Times Internet spin-out Abound raises $14M to let more Indian Americans send money home | TechCrunch

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Summary
Nutrition label

80% Informative

In 2024 , India recorded $129.1 billion in remittances, accounting for 14.3% share of the global market.

Abound allows users to send money to India , earn rewards, and get cashback on services including live sports streaming, grocery shopping, and OTT subscriptions.

The startup was incubated at the tech arm of Indian media conglomerate, The Times of India Group .

VR Score

82

Informative language

82

Neutral language

41

Article tone

semi-formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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no affiliate links