Economic Times
Global private equity advisory firm Apax Partners (AP Funds) through its special purpose vehicle Tasmania Midco LLC is acquiring a stake in Thoughtwor
Artificial super intelligence will be 10,000 times smarter than a human brain and will exist by 2035, SoftBank Group CEO Masayoshi Son said in a conf
Elevate 2024 will provide grants of up to Rs 50 lakhs per startup, along with extensive support and access to venture capital networks. KAN is tail
Swiggy has increased its IPO fundraise size by over 19%. This and more in today’s ETtech Top 5.
The Infosys Enterprise AI Readiness report highlighted that while executives envision AI as the next industrial revolution, transforming business mode
The company, focused on agriculture and fresh supply, said that it minimised wastage in its fulfilment business by leveraging artificial intelligence
The Bengaluru-based company said it plans to invest Rs 755.4 crore to expand its dark store network, with an additional Rs 423.3 crore for lease and l
As IGP plans to open 100 new dark stores, here’s how the D2C platform is redefining the concept of gifting with customised solutions, a curated appr
Quick commerce firms are trying to make the most of the auspicious Dhanteras day, ahead of the Diwali festival, enticing customers to step up purchase
Turbostart has launched TS Bridge to connect investors with vetted high-potential startups, celebrating their fifth anniversary with a forward-thinkin
Total expenses for the Bengaluru-based firm fell to Rs 3,280 crore in FY24 from Rs 3,635 crore a year earlier, with employee benefit expenses declinin
Amazon Wholesale, the ecommerce giant’s wholesale unit narrowed its net loss by 44% to Rs 342 crore in FY24 from Rs 616 crore the previous year, acc
Amazon Transportation Services (ATS), the Indian shipping arm of ecommerce giant Amazon, saw its net loss narrow marginally by 6.9% to Rs 80 crore in
The new investors join existing shareholders Peak XV Partners, Faering Capital and Maj Invest. The round provided partial exit to some of the early in
The company had in July obtained the payment aggregator cross-border licence, enabling transactions for imports and exports. It came after the RBI, in
In a statement on Tuesday, Vridhi Home Finance said that it is investing in building a strong distribution network, in risk management practices and i
Prosus–the largest investor in Swiggy–has decreased the size of its divestment in the Bengaluru-based firm to 109.1 million shares as against Rs 1
“Given the overall macros, our focus is to drive growth from existing clients through our cross sell or upsell initiatives, continuing a strong mome
The company said its annualised total payments volume reached $180 billion. The financials are part of Razorpay Software, within which the domestic pa
The fund will primarily target growth-stage companies with strong potential for an initial public offering, leveraging South Korean expertise and capi
