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GCCs switching to smart workflows as AI gobbles up procedural grunt workIndustry experts said AI is shrinking junior-level workflows, reducing standalone procedural functions and pushing multinational companies ...- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- OpenAI goes all out to charm Indian codersOpenAI personnel are spending more time in India to understand the ecosystem and offer products and services that fit the market. Their con...
- Vibe coding gets a big reality checkVibe coding startups are riding high on easy app creation via prompts, but as AI advances and margins shrink, questions grow over their lon...
- Indian AI firms take up super hard stuffAI startups in India are now shifting their focus to move beyond applications and AI wrappers to build solutions in frontier deeptech areas...
- Conversational AI platform Gupshup lays off 300 employeesIn a written statement shared with ET, Gupshup said the reduction in headcount follows its rapid scale-up to 1,500 employees since 2021, dr...
- Fidelity cuts Gupshup’s valuation by 37% to $876 millionSaaS firm was valued $1.4 billion in 2021
- Conversational messaging platform Gupshup acquires Active.Ai in all-cash dealThe acquisition is expected to help Gupshup – which offers conversational messaging services to businesses - strengthen its customer experi...
- Gupshup acquires AI platform Active.AiActive.Ai has enabled more than 300 million user interactions via voice, video and messaging, managed over 30 million service requests and ...
- Gupshup acquires conversational AI platform Active.AiHeadquartered in Singapore, Active.Ai serves banking, financial services and insurance (BFSI) customers across 43 countries with conversati...
- 100 million reasons why startups need to speak local lingoDigital payment companies, banks and consumer internet startups are all starting to offer regional languages to connect better with consume...
- AI frm Active.ai raises $3 millionThe existing investors have participated in this round to retain their respective shareholdings.
- Active.Ai raises over $8 million in Series-A roundThis full-stack solution has been built ground-up and comprises machine learning, natural language processing and natural language generati...
- Active.Ai raises $8.25 million from Vertex Ventures and othersThe round also saw the participation of its existing investors Kalaari and IDG Ventures. After the funding round Ben Mathias, managing part...
- Infosys' Finacle banks on unique solutions to grow in fintech spaceUS banks are as yet an untapped market for Indian core-banking systems and there have only been sporadic deals in the sector.
- IDGVI to tie up with Unilever Ventures, AISPL for 2017 Innovation ProgramIDGVI is collaborating with Unilever Ventures, the venture capital and private equity arm of Unilever, and Amazon Internet Services (AISPL)...
- Enterprise push at Microsoft AcceleratorThe new batch of startups selected for the programme are mainly in the areas of artificial intelligence and the internet of things, targeti...
- IDG Ventures India closes Rs 1,360-cr fundInternational Finance Corporation is looking to invest about $20 million in IDG Ventures India III
- Active.ai raises $3 Million from Kalaari Capital and IDG Ventures IndiaThis investment will fuel the growth of the startup’s product platform for banking and payments into Asia and North America.
- Kalaari Capital invests in startups as part of its seed programmeThe Bengaluru-based venture capital firm is investing a little over Rs 3 crore in the three ventures, which were chosen from out of a pool ...
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