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...
Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
Anthropic deepens finance push as CEO Amodei warns of software disruptionAI firm Anthropic is launching new software for banks and insurers. Ten specialized AI programs will automate tasks like building pitchbook...
Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
IT stocks slide up to 3% after TCS Q4 earnings. What's spooking investors?IT stocks fell up to 3% after TCS reported Q4 results that failed to impress the Street, dragging the Nifty IT index over 2%. Despite broad...
Everstone leads $150 million infusion in SaaS firm WingifySoftware firm Wingify secured Rs 1,381 crore in a new funding round led by Everstone Capital. This investment follows Wingify's recent anno...
Info Edge commits Rs 250 crore to deeptech fund; sells Shopkirana stakeInfo Edge, which was an early investor in Zomato, said the fund will be sponsored and managed by Info Edge’s subsidiary Smartweb Internet S...
Sebi's finfluencer crackdown; Scimplify eyes fresh fundsSebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5.
Hard Reset: India’s AI investment boom masks a deeper battle for survivalEven as AI startups continue to raise top dollar, some are scrambling to rebuild business models and keep pace with the disruption, investo...
Mobilise App SME IPO Day 3: Check GMP, subscription status and key detailsMobilise App Lab’s Rs 20.10 crore SME IPO has drawn strong investor interest, with 12x subscription by Day 2 and a grey market premium of R...
PE fund InvAscent puts $10 million in health-tech SaaS firm ABI Health TechnologiesThe company’s product, ClaimBook, helps a hospital to automate its entire health insurance claims management process, improving revenue cyc...
SaaS Labs bags $42 million in funding led by Sequoia; enters Europe with two acquisitionsSaaS Labs plans to use the funds raised on research and development, to develop new products for its global users, as well as to scale newl...
SaaS Labs raises $17 million in maiden funding roundSaaS Labs, a cloud-based automation platform, will use the funding to expand its customer base and hire talent, as well as for product deve...
SaaS Labs lands $17 million in funding from Base 10 Partners, Eight Roads VenturesThis is the first institutional capital raising by the bootstrapped startup, which operates out of India and the Philippines.
BetterPlace acquires Microlearning Platform Oust Labs to digitally upskill 100 million workersOust Labs is a pioneer in micro-learning platforms, having built a proprietary methodology of delivering learning outcomes through its mobi...
US-based Sauce Labs to acquire AutonomIQAutonomIQ uses powerful artificial intelligence and machine learning capabilities to help users quickly and easily create and execute tests...
Sequoia Capital to Invest rupees 28 crore in SirionLabsAccording to Gartner, worldwide spending on IT services reached $922 billion in 2013. The market is expected to grow by 1.8% in 2014.