Economic Times
Happy Thursday! Cash-strapped Lendingkart is staring at a massive valuation cut. This and more in today’s ETtech Morning Dispatch.
Railways minister Ashwini Vaishnaw explained that the reservation chart is drawn four hours before a train's departure. After that, the AI model can o
The funds will be used to accelerate the training and development of the artificial intelligence (AI) skills of the company founded by robotics firm G
Zodius Capital has bagged more than $100 million in returns on its initial $8 million investment in OfBusiness in late 2016, said Gautam Patel, cofoun
Lendingkart is in talks with Fullerton Financial Holdings, its largest shareholder, for an internal funding round at a major valuation cut. Ahmedabad-
The Directorate of Industrial Health and Safety (DISH) has demanded an explanation from the company’s occupier and factory manager regarding the inc
The tender aims to establish public AI cloud infrastructure with more than 10,000 GPUs through a public-private partnership. Some companies raised con
The Rs 10,372 crore India AI Mission, an initiative of the IT ministry, was launched in July last year and aims to create compute capacity of up to 10
Today, in many international fora, India has been recognised as a digital power, S Krishnan, secretary at the Ministry of Electronics and Information
The company plans to use new funds to enhance its GPU and technology infrastructure, scale operations, and support team development. Aiming for global
Zerodha plans to invest between $10,000 and $100,000 in individual projects, with a total commitment of $1 million per year.
Indian businesses are expanding their technology capabilities through global capability centres, paralleling international firms operating in India. T
The IT engineering firm saw broad-based growth across all verticals and geographies, with revenue rising 4.5% sequentially to Rs 2,572.9 crore in Q2.
The New Delhi-headquartered firm, currently generating $150 million in revenue, expects the US and Europe regions to drive long-term growth.
On August 26, ET had reported that Temasek is in advanced discussions to lead an investment of $100-150 million in Rebel Foods. The deal will be a mix
The report highlighted that despite being in an early stage, India’s GenAI startups have attracted over $750 million in cumulative funding since 202
The San Mateo-based company helps organisations conduct surveys and gather feedback, particularly from employees and clients. It has also recently col
Bengaluru-based Licious attributed the revenue drop to the closure of distribution channels, especially Dunzo, along with a reduction in exposure to m
Synergetics India wins the FY24 Superstar Campaign Award by Microsoft for its significant contributions in technological innovation, training over 10,
The Tamil Nadu Labour Welfare Department on Tuesday said the striking workers at Samsung’s factory at Sriperumbudur have agreed to end their strike
