Economic Times
Happy Tuesday! The Centre is charting a plan to cut investment risks for pension funds and insurance companies. This and more in today’s ETtech Morn
ProcMart, a B2B marketplace, secured $30M funding with Nandan Nilekani's Fundamentum Partnership, Edelweiss Discovery Fund, and South Korea’s Parama
Data centre industry calls for clarification on dark fibre regulations for captive networks to enhance ease of doing business. India's market poised f
Srinivas Pallia sold Wipro shares before becoming CEO. Delaporte resigned early over revenue. Wipro faced leadership exits amid transformation. Pallia
Apple explores partnerships with Murugappa Group & Titan Company for local assembly of camera module sub-components in India, aiming to shift operatio
Government is crafting a framework to enable pension funds and insurers to invest in startups, aiming to boost domestic capital. Efforts include redef
Adobe integrates third-party AI tools like Sora from OpenAI into Premiere Pro, using the Firefly AI model for features such as scene object generation
Apple denies breaching court order on App Store, opposes Epic's contempt plea. Criticizing Epic's free tool access desire, U.S. Supreme Court rejects
Lam Research Corporation donates $29 million in software licenses to 2,800 students in India to strengthen the semiconductor manufacturing workforce.
Indian cricketer Dhoni invests in EMotorad, gains equity ownership. The company led by Gupta has ambitious sales targets and expansion plans, supporte
JJG Aero secures $12 million funding from CX Partners for expansion. Anuj Jhunjhunwala aims for growth with 35% annual increase. OEMs and tier-1 vendo
Byju’s India CEO Arjun Mohan has resigned after just six months in the job. Founder Byju Raveendran will fill in the role for now. This and more in
Baron Funds and Invesco revised Pine Labs' valuation to $5.8 billion and $4.8 billion respectively. Fidelity later marked it down to $3 billion. Pine
Meta Platforms will temporarily shut down Threads in Turkey from April 29 to comply with the Turkish competition authority's order, impacting only Thr
New Delhi, India remains top for digital services expansion. Firms to boost investments in AI, data analytics, cybersecurity. Cybersecurity focus expe
Nikhil Kamath's 'WTFund' offers under-25 entrepreneurs Rs 20 lakh grants, mentorship, and support. Trend of founders turning investors seen. Applicati
Ola Electric reduces S1 X scooter prices to bolster market position against Ather's Rizta. FY24 market leader with extended warranty and sales surge.
Think and Learn's shareholders approved a USD 200 million capital raise through a rights issue despite opposition. The NCLT ordered funds to be held.
Naval Ravikant and Brian Norgard have relaunched Airchat, a voice-centric social media app, which is quickly gaining popularity. The app focuses on au
Clientall, which had previously raised $600,000 (about Rs 5 crore) from Chiratae Ventures and Artha Venture fund, said the new funds will be used for
