VerSe Innovation, the parent company of news aggregator DailyHunt and short-video platform Josh, has reportedly acquired digital marketing solutions firmâŠVerSe Innovation, the parent company of news aggregator DailyHunt and short-video platform Josh, has reportedly acquired digital marketing solutions firm Valueleaf Group. However, the company did not disclose the financial terms of the deal. VerSe cofounder Umang Bedi told ET that it was a cash-and-stock transaction. Bedi further said that acquiring... Read more âș
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Ecommerce major Amazon is looking to launch its quick commerce services in India in the first quarter of next year.âŠEcommerce major Amazon is looking to launch its quick commerce services in India in the first quarter of next year. As per ETâs report, the company has been actively developing its quick commerce strategy, assigning the responsibility to a senior executive amid leadership rejig. This comes as the company plans to... Read more âș
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The Ministry of Textiles on Tuesday (August 27) approved grants of nearly INR 50 Lakh each for four startups underâŠThe Ministry of Textiles on Tuesday (August 27) approved grants of nearly INR 50 Lakh each for four startups under the grant for research & entrepreneurship across aspiring innovators in technical textiles (GREAT) scheme. The grants were approved during the 8th empowered programme committee (EPC) meeting under the National Technical Textiles... Read more âș
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At least three different state governments in South India are reportedly offering sops and land parcels to electronics manufacturer FoxconnâŠAt least three different state governments in South India are reportedly offering sops and land parcels to electronics manufacturer Foxconn to set up a facility in their respective regions. Telangana IT and industries minister Duddilla Sridhar Babu told Economic Times that the local government has offered 2,000 acres of land to... Read more âș
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A few months ago, I asked a CRED executive, âHow do you justify the CREDâs value-to-revenue (EV/R) multiple?â The answerâŠA few months ago, I asked a CRED executive, âHow do you justify the CREDâs value-to-revenue (EV/R) multiple?â The answer came: âWell, you have to see this in a context. Itâs similar to what many fintech companies currently have.â The Bengaluru-based fintech giant has often been the target of ridicule for... Read more âș
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Construction material procurement platform ArisInfra Solutions is among the Indian startups which have lined up to launch their initial publicâŠConstruction material procurement platform ArisInfra Solutions is among the Indian startups which have lined up to launch their initial public offerings (IPOs) this year. The startup recently filed its draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) for an INR 600 Cr public issue.... Read more âș
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In the latest addition to the list of Indian-origin top executives at US big tech firms, Kevan Parekh will becomeâŠIn the latest addition to the list of Indian-origin top executives at US big tech firms, Kevan Parekh will become the new chief financial officer (CFO) of Apple. Parekh, Appleâs current vice president of financial planning and analysis, will take over âfinancialâ reins of the company from incumbent Luca Maestri, who... Read more âș
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Commercial three-wheeler electric vehicle (EV) manufacturer Euler Motors plans to enter the small commercial vehicle (SCV) segment with the launchâŠCommercial three-wheeler electric vehicle (EV) manufacturer Euler Motors plans to enter the small commercial vehicle (SCV) segment with the launch of its first four-wheeler EV in the festive season. In a statement, the startup said that the EV will offer a payload of over 1,000 kg and meet the growing demand... Read more âș
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SaaS unicorn BrowserStack has acquired Berlin-based enterprise tech platform Bird Eats Bug in a $20 Mn deal. While the companyâŠSaaS unicorn BrowserStack has acquired Berlin-based enterprise tech platform Bird Eats Bug in a $20 Mn deal. While the company did not disclose the details of the transaction, an Economic Times report claimed that BrowserStack acquired the company in a cash-and-stock deal, with a commitment of future investment for product development.... Read more âș
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Ecommerce major Amazon has launched its artificial intelligence (AI)-powered shopping assistant in beta mode in India. Called Rufus, the newâŠEcommerce major Amazon has launched its artificial intelligence (AI)-powered shopping assistant in beta mode in India. Called Rufus, the new AI assistant will answer user queries related to shopping, offer recommendations and facilitate product discovery on the online marketplace. In a statement, Amazon said that the new AI assistant will allow... Read more âș
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Telecom major Bharti Airtel is reportedly looking to shut its music streaming platform Wynk Music in a couple of months.âŠTelecom major Bharti Airtel is reportedly looking to shut its music streaming platform Wynk Music in a couple of months. According to a report by PTI, the company will dissolve Wynk Music and absorb all its employees. "We can confirm that we will sunset Wynk Music and all Wynk music employees... Read more âș
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Delhi NCR-based online meat delivery startup Zappfresh, which has become the latest tech startup to file a draft red herringâŠDelhi NCR-based online meat delivery startup Zappfresh, which has become the latest tech startup to file a draft red herring prospectus (DRHP) for an IPO on BSE SME, posted a 70% year-on-year (YoY) jump in its net profit to about INR 4.7 Cr in the financial year 2023-24 (FY24). Zappfresh turned... Read more âș
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Jio Financial Services has increased its stake in its subsidiary Jio Payments Bank Limited (JPBL) by investing an additional INRâŠJio Financial Services has increased its stake in its subsidiary Jio Payments Bank Limited (JPBL) by investing an additional INR 68 Cr.  In an exchange filing, Jio Financial Services said it has subscribed to 6.8 Cr equity shares of JPBL at INR 10 each, translating to a total investment of INR... Read more âș
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Delhi-based startup incubator T9L Qube has roped in cricketer Virender Sehwag as its investor. While the platform did not discloseâŠDelhi-based startup incubator T9L Qube has roped in cricketer Virender Sehwag as its investor. While the platform did not disclose the funding amount, but said in a statement that it will deploy the fresh capital to further back early stage startups in scaling up their businesses. âInvesting with T9L Qube is... Read more âș
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Investors of embattled edtech giant BYJUâS have moved the Supreme Court (SC), which is hearing a plea filed by a⊠Read more âș
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Farming has been one of the oldest and most labour-intensive sectors since ancient hunter-gatherers embraced it as a convenient way⊠Read more âș
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Amid the initial public offering (IPO) boom in the Indian equities market, D2C meat delivery startup Zappfreshâs parent, DSM Fresh⊠Read more âș
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Shares of SaaS cybersecurity startup TAC Infosec jumped 5% during intraday trading today (August 27) to reach an all-time high⊠Read more âș
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Former X (erstwhile Twitter) executives floated Just Words, a startup which offers hyper-personalised messaging solutions, has secured $1.7 Mn in⊠Read more âș
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In lead-up to going live with its ticketing app âDistrictâ, foodtech major Zomato has announced the launch of a new⊠Read more âș
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Most popular sources
Business Insider
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26% 2 |
Tech Wire Asia
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16% 11 |
CNET
|
7% 4 |
Eurogamer.net
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6% 2 |
The Verge
|
6% 2 |
| View sources » | |
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27.11.2024 22:38
Last update: 22:16 EDT.
News rating updated: 05:31.
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