Economic Times
BluSmart aims for Rs 800 crore FY25 revenue, with BP Ventures support. Competing with Rapido, Namma Yatri, targeting Ebitda profitability by 2026. Fou
Draft Digital Competition Bill proposes ex-ante regulations similar to the EU's DMA, impacting user experience and innovation. Concerns over potential
Deal momentum slowed in 2023-24 despite record deals as clients favor new over old deals. Vendor consolidation and slower decision-making ensued, impa
Regulatory actions cripple Paytm Payments Bank's mobile wallet business, leading to a significant decline in transactions and value. Competitors like
Axel Springer partners with Microsoft Azure for AI migration, expanding with AI chat experience. Monetizes through Microsoft Advertising. Brands like
Birlasoft's Q4 saw a net profit of Rs 180 crore, 11.8% QoQ growth. Revenue stood at Rs 1,363 crore, up 1.5%. Operating margin ended at 14.7%. The firm
AI firm Blaize secures $106M funding from multiple investors. No valuation disclosed. Interest in AI sector grows post OpenAI's ChatGPT launch. Blaize
Just three months after joining the ride-hailing firm, Ola Cabs CEO Hemant Bakshi has called it quits. Details on this and more in today’s ETtech To
Investcorp is active in the mid-market private equity space in India and has invested across the consumer tech, healthcare, financial services, retail
KPIT Technologies shows robust financial performance with significant revenue and profit growth. The company focuses on consistent growth, expanding i
Ola Cabs' CEO Bakshi leaves. This comes as the firm is preparing to file draft listing papers in the next three months.
EU regulators may investigate Meta Platforms for insufficient content moderation against disinformation, especially from Russia. Concerns include poli
Apple's iPad operating system is labeled a gatekeeper by EU antitrust regulators under the Digital Markets Act. The ecosystem locks in both business a
The agreement will enhance OpenAI's generative AI chatbot ChatGPT with attributed FT content, and the firms will collaborate on developing new AI prod
Fintech Briskpe will use the capital to strengthen its product and service offerings, build up its team, and scale its reach to enable more Indian bus
Tesla mogul Elon Musk and OpenAI CEO Sam Altman rubbed shoulders with some of their fiercest critics, while China co-signed the "Bletchley Declaration
ChatGPT, which kickstarted the GenAI boom in late 2022, can mimic human conversation and perform tasks such as creating summaries of long text, writin
Microsoft's push into artificial intelligence with its partner, OpenAI, the maker of ChatGPT, has rattled Google. The two companies are now fighting t
Companies from Amazon to Meta are revamping their data centers to support AI. They are investing in huge new facilities, while even places like Saudi
Happy Monday! A shortage of delivery executives amid soaring temperatures is becoming a major concern for ecommerce companies. This and more in today
