Economic Times
Happy Wednesday! Zepto is holding talks with investment fund DST Global and venture capital firm Lightspeed for funding. Details on this and more in t
Investors are bullish about the company, lured by the growing adoption of ultra-fast delivery platforms despite the high cash burn that typically acco
The re-appointment of Ashwini Vaishnaw as the minister of electronics and information technology has sparked hopes for continued dialogue between the
ADIA leads a $100-million financing round in Mumbai-based beauty retailer Purplle at a valuation of $1.2-1.3 billion. Creaegis, a PE fund, is expected
The government is holding meetings to address concerns about the draft Digital Competition Bill, which proposes obligations for big tech companies in
The DPDP Act, passed in August, aims to have administrative rules notified within a year to ensure compliance. The Act focuses on personal data collec
Ashwini Vaishnaw took charge as the union railway minister, minister of information and broadcasting, and Union minister of electronics and informatio
Huddle Ventures' second fund of Rs 100 crore has been oversubscribed, with the final close expected in the next four to six weeks. General partner Ish
India's proposed antitrust law, influenced by a panel report, targets tech giants with global turnovers exceeding $30 billion. The law aims to prevent
Wipro launched Lab45 AI platform to enhance business functions and industry-specific solutions for customers and employees. The platform has shown pro
PhysicsWallah founder and CEO Alakh Pandey has filed a PIL with the Supreme Court regarding the NEET-UG 2024 exam controversy, involving grace marks a
LTIMindtree expanded its presence in the Middle East by opening its regional headquarters in Saudi Arabia's capital, Riyadh. The move is part of the c
Battery Smart's funding round included investments from Blume Ventures, British International Investment, and Ecosystem Integrity Fund. These investor
The State Government has extended the exemption for IT/ITES companies from the Industrial Employment (Standing Orders) Act for five more years, benefi
Food delivery company Zomato will infuse Rs 300 crore into its quick commerce unit Blinkit. This and more in today’s ETtech Top 5.
HCL Technologies expands partnership with apoBank in a USD 278 million deal over 7.5 years, offering a comprehensive range of services to enhance bank
Ola Electric has received approval from Sebi for the first EV startup IPO in India. Founder Bhavish Aggarwal has informed employees about the nod. The
Technology spending in India is projected to grow by 10.8% to reach approximately $54.5 billion in 2024, the highest in Asia Pacific regions, as per a
Elon Musk's strong opposition to Apple's AI plans, particularly regarding OpenAI integration, led to threats of banning Apple devices at his companies
Apple announced Apple Intelligence at its annual developer conference, integrating AI features developed in-house and by OpenAI. The Cupertino-based c
