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ACCION LABS ACQUISITION
Why AI bolt-ons won’t help IT, cybersecurity weather this stormIn less than ten days, Anthropic triggered two separate stock selloffs across enterprise technology. First, its Cowork agent shook IT servi...- PE-backed digital engineering services firms turn to M&A deals in search for scaleWith a receptive market for IPOs and a significant expansion of the market for digital engineering services—beyond traditional software dev...
- PAG, Apax & others in race to buy US digital firm AccionSeveral firms are vying to acquire Accion Labs, a software product engineering company. The deal could value Accion Labs between $800 milli...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- True North invests $75 million for stake in US' iLink DigitalThe investment, made by True North’s $600-million (around Rs 4,200 crore) Fund VI, is aimed at expanding iLink Digital’s organic and inorga...
- Flipkart gets interim relief in tax case; why Macquarie increased Paytm target price?The Karnataka High Court on Wednesday granted interim relief to Walmart-owned Flipkart in a case pertaining to Rs 1,100-crore income-tax de...
- RBI guv calls crypto a ‘clear danger’; Lenskart acquires Japan’s Owndays in $400M dealRBI governor Shaktikanta Das said cryptocurrencies present a “clear danger” to financial systems and stability.
- BharatPe saga just won’t quit; PharmEasy may revise IPO valuationSeveral sources have told us that head of controls Madhuri Jain – who is also cofounder Ashneer Grover’s wife – wrote to the company board ...
- China ‘concerned’ about India’s app bans; Flipkart tests 45-min grocery deliveryDays after India conducted its fifth round of Chinese app bans since June 2020, blocking access to 54 apps, China has said it has serious c...
- Agrim raises $10 million in funding led by Kalaari Capital, Axis BankThe startup plans to use this funding for talent acquisition, embedded fintech product development, and scaling up operations.
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