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GUPSHUP NEWS
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.- PayPal CEO interview; Infosys Q1 reportIn an exclusive interaction, PayPal CEO Alex Chriss stressed the need for interoperability between country-specific digital wallet systems....
- 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...
- 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 ...
- Crypto signups spike; India’s sovereign wealth fund bets on FirstCryThe number of people who signed up for accounts with Indian crypto platforms was 30-50% higher on Tuesday, when the finance minister announ...
- Where on earth's all the non-coronavirus news that's fit to print?Like it or not – very probably the former – the pandemic will pass one day. But is the nation’s media ready for life after Covid-19? Best t...
- Tiger Global raises $8.8 billion in first close of biggest fundTiger Global latest fund, the biggest on record, will invest in internet technology startups in the US, China and India. The fundraising br...
- ETSA nominees for Midas Touch & Startup of the Year; Meesho to raise $550-600MToday's the big day we've all been gearing up for here at ETtech, as The Economic Times Startup Awards (ETSA) 2021 elite jury meets to pick...
- Paytm founder’s pre-IPO windfall; Google sues CCIIPO-bound Paytm, which recently increased its employee stock options pool from around 24 million to around 61 million, has given almost hal...
- Droom is a unicornFrom Droom becoming an unicorn to Twitter getting an ultimatum on IT rules and Big Tech earnings recap, here's a quick look at the top tech...
- Social commerce set for takeoffIndia's social commerce firms are set for a landmark year, having raised more than half a billion dollars from investors in the first seven...
- SMS traffic back to nearly 1 billion per day under new system to check pesky messagesThe volume of SMSes delivered per day had declined almost 30% to 700 million in the first week of April as business entities held back on s...
- Data skimmersIn today's ETtech Top 5: the personal data of around half a billion LinkedIn users is up for sale online, and more.
- It's raining unicorns in India: Vani Kola's 4-role plan for a successful start-up, Oyo boss asks people to celebrate others' achievementsThe year so far has brought good tidings for start-ups like Groww, CRED, Gupshup and ShareChat.
- The opposite of doomscrollingIn today's ETtech Morning Dispatch newsletter: Kids' shows cast a spell on thousands of adult viewers, ShareChat and GupShup join India's u...
- ShareChat meets Sher KhanFrom Sharechat and Gupshup becoming India's latest startup unicorns, to Amazon touting its job creation milestone in India, here's a quick ...
- Sharechat secures $4m to talk in your mother tongueFunds from the latest round, led by Lightspeed India Partners and existing investors SAIF Partners and India Quotient, would be used to ext...
- Bots will gradually invade every aspect of our lives and transform the way we use mobile devicesInstead of lagging behind, India will play a leading role in the development of the global bot ecosystem.
- Indian Startup Sector: Why new businesses face more hurdles than advantagesThose launching new businesses say there are more hurdles than advantages in the Indian startup sector where many ideas die for want of mon...
- Internet is piggybacking our telecom revolution to expand reachIf govt doesn't want to kill the goose that lays golden egg, then it should recognise that the internet is hard-wired into our lives and is...
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