Economic Times
Chiratae Ventures sold stakes to Madison India Capital for $70 million, involving companies like Lenskart, Bizongo, and Rentomojo. Madison Capital, su
Task force plans validation centers for startups and MSMEs to meet global standards. Global certification agencies may establish units in India for fe
Stability AI CEO Mostaque resigns, leaving a turbulent legacy. The startup grapples with leadership changes, financial strains, and operational hurdle
Adobe, under CEO Narayen, advances generative AI standards with GenStudio app. Expanding campaign capabilities, including image generation with Firefl
Apple's WWDC on June 10-14 will showcase software updates for iPhones, iPads. Some attendees at Apple Park. Reports suggest AI collaborations with Goo
Neuralink, which first tested its device in monkeys and other animals, is now testing the device in humans. The company makes a brain-chip which enabl
Managing Director and CEO Satyakam Arya said Project Vruddhi is helping the truck and bus maker be a lot more precise with demand forecasting.
Accenture said it will integrate Adobe Firefly Custom Models into the marketing services offered by Accenture Song, the company's digital creative ser
Meta's oversight board urges relaxing Facebook's ban on "shaheed" to apply only to violent or rule-breaking content. Criticism over Middle East handli
Ranjan Pai invests in PharmEasy's funding with 360 One. API Holdings board seats acquired. Rights issue resolves debt. Monthly burn reduction and stra
YouTube removed millions of videos globally for breaching Community Guidelines, with a significant portion flagged by machines before any views. The p
Palo Alto Networks’ Unit 42 reported a surge in ransomware threats targeting India's manufacturing sector in 2023. Anil Valluri emphasized Zero Trus
Visa and MasterCard settle with U.S. merchants on swipe fees, potentially saving consumers billions. The agreement caps credit fees, mandates negotiat
Chinese EV makers shine at Bangkok Motor Show with BYD leading sales. Thailand's growing EV market attracts global brands like Tesla and XPeng, with p
The government is framing rules to enhance interoperability for batteries used in electric buses. This and more in today’s ETtech Top 5.
Kerala seeks tech investments amid water shortage in the country’s tech hub. The state aims for one million tech workers, Kerala Industries & Law M
Alibaba's Cainiao withdrew IPO in Hong Kong. Alibaba plans $3.75B stock buyout. Minority shareholders offered $0.62/share sale. Reported by Rishav Cha
JustDeliveries plans to deepen its logistics network across regions including Bengaluru, Mumbai, and Pune. By 2028, it plans to extend its presence to
Amazon said when a customer purchases from the store, they trust they will receive an authentic product, and when businesses choose to sell in the sto
Innoviti, Vegaah, and Concerto Software secured RBI's online payment aggregator license. CCAvenue from Infibeam Avenues also received the license, off
