Spiritual tech startup My Tirth India shuts shop due to fund crunchFounder and CEO Indraneel Dasgupta said the startup is grappling with a fund shortage after the demise of Subrata Roy, the principal shareh...
Koo calls it a day; Paytm Bank, auditor lock hornsOnce touted as India’s response to Twitter, it’s curtains for homegrown microblogging app Koo. Details on this and more in today’s ETtech T...
Indian Twitter rival Koo shuts down after failed acquisition talks“Patient, long term capital is essential to build ambitious, world beating products from India be it in social media, Al, space, EV or othe...
Koo halts salary payments from April; founder says company 'will remain operational'Koo cofounder Mayank Bidawatka had first said in September 2023 that the company was looking to raise funds or tie up with a strategic part...
Dunzo delays paying salaries further as company faces severe cash crunchDunzo has been struggling to finalise crucial funding amid a cash crunch, as a valuation mismatch among stakeholders has become a point of ...
Fintechs struggle to come together for self-regulation; epharmacies, govt officials hold talks over new rulesIndia's new-age financial services industry has faced constant regulatory scrutiny in recent years disrupting businesses across the board. ...
HCLTech Q4 net profit jumps 11%, FY23 hiring dips 60%; Twitter rival Koo lays off staffIndia's third-largest IT major HCLTech registered an 11% rise in its Q4 net profit to Rs 3,983 crore, beating the ET Now poll estimate of R...
Homegrown companies on hiring spree as Big Tech sheds talentThough the absolute hiring number is not huge since Indian startups are themselves going through funding woes, the roles span product, grow...
How BluSmart plans to fight Uber, Ola in EV cab biz; Spacecom policy notification soonThe electric vehicle (EV) cab business is extremely nascent in India with startups like BluSmart primarily making up the segment. Enter Ola...
Social media companies bulk up legal teams amid increase in compliance requirementsSignificant social media intermediaries such as Google and Facebook will have to be a part of the platform to address complaints and will h...
Twitter abruptly suspends Koo’s new query handleKoo CEO says no reason given for action, asks Musk on Twitter: How is this free speech?
New Data Bill draft to allow storage in trusted nations, Amazon layoffs likely to hit India staffThe government will propose to allow transfer of data and its storage in “trusted geographies” in the revised draft of the data protection ...
Data localisation to be scrapped in new Bill, Amazon layoffs to hit India staffThe government will propose to allow transfer of data and its storage in “trusted geographies” in the revised draft of the data protection ...
Facebook's India problem; Groww valuation triples to $3BA series of damning reports on Friday and Saturday, based on internal company documents, showed that Facebook is aware its platforms are us...
Can a green economy boom town be built to last?The electric vehicle boom is something of a microcosm for the larger transition to a low-carbon economy: As governments and investors funne...
All India Radio news department hit by vacancies, manpower crunchThis comes amid a recent report by the Reuters Institute that had Doordarshan and All India Radio high on a list of news media trusted by p...
ETtech Evening Briefing on Feb 11, 2021: Koo app’s Indian investors, Facebook’s Clubhouse cloneKoo app has brought on a clutch of Indian investors even as its Chinese backer is in the process of an exit. Clubhouse, the invite-only “so...