Economic Times
The Mumbai-based VC firm had initially invested Rs 9.7 crore in M2P Fintech through its debut fund. That investment grew to Rs 115.9 crore, delivering
This comes after RBI’s action against NBFC and microfinance firms like Navi and DMI Finance being banned from sanctioning loans. The funding round w
“We are extremely grateful to the Venkatramanan family for their generous contribution, which will foster cutting-edge medical research at the Insti
The delay in equipment deliveries is a fresh setback to the Taylor project, which is at the heart of Samsung chairman Jay Y. Lee's ambition to expand
The withdrawal of the plea from the NCLT's Delhi bench came after Grover reached a settlement with the company on September 30, 2024. Besides, on Octo
Pony AI, in which Japan's Toyota owns a 13.4% stake, revealed that its revenue nearly doubled to $24.7 million in the first half of 2024. Net loss att
In January, a hacker posted false news on the SEC's @SECGov X social media account announcing the agency had approved bitcoin exchange-traded funds, c
Raghavan used to oversee ads and several other critical business areas for the world’s largest online search company. Raghavan’s new role will foc
World Network, which is facing scrutiny over its data collection, introduced a new version of its orb iris-scanning device at an event in San Francisc
Over the next few months, Microsoft wouldn't budge as OpenAI, which expects to lose $5 billion this year, continued to ask for more money and more com
The announcement comes after Meta unveiled Movie Gen, which it said can create realistic-seeming video and audio clips in response to user prompts, ea
The forecast from the leading producer of advanced AI chips reinforced investor confidence in the outlook for chipmakers whose market values have skyr
The group, which did a similar investigation two years ago, did find that the companies - especially Facebook - have improved their content-moderation
Gemini is Google's most advanced AI technology, developed by DeepMind. The Gemini app is the direct consumer interface to the latest Gemini models. Th
IT-BT and RDPR minister Priyank Kharge said, “I intend to make Karnataka a water-secure state in the country. If I can solve this using deep tech in
Aiming to address the gaps in core deep-tech areas in the country, such as artificial intelligence and machine learning, robotics and automation, quan
Shares of Zomato dropped by 5.4% after the company announced a fund-raising plan through issuing equity shares. The company reported a net profit of R
"If there are people who just don't work well in that environment and don't want to, that's okay, there are other companies around," said Garman. "Whe
Happy Friday! Fintechs with co-lending partnerships may face stress after RBI's action on Navi and DMI Finance. This and more in today’s ETtech Morn
The Mumbai-headquartered IT services company reported a 5.9% growth in consolidated revenues at Rs 9,432.9 crore in Q2FY25 as compared with Rs 8905.4
