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Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...
Two techies from India and Pakistan built an AI startup - Now both are billionaires thanks to Elon Musk. Here's all about Aman Sanger and Sualeh AsifTwo young entrepreneurs, Aman Sanger from India and Sualeh Asif from Pakistan, have joined the billionaire ranks. Their company, Cursor, a ...
ET Alpha Wealth Summit | Kotak's Nilesh Shah bets on India's electrification story over next decade; flags AI as the wildcardIndia's energy self-sufficiency is a decade-long investment theme, driven by aggressive electrification to reduce import dependence. Expert...
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...
Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...
Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
Quote of the day by Paul Krugman: 'Debt is one person's liability, but another person's...' - financial lessons and insights on role of debt in the economy, flow of money and growth of wealth by Nobel Prize-winning economist and pioneer of New Trade TheoryQuote of the day by Paul Krugman: Nobel laureate Paul Krugman sheds light on debt, emphasizing it's a two-sided coin. While a borrower's li...
MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
Activate picks stake in ElevenLabs in first global growth-stage AI betVenture capital firm Activate has made its first global growth-stage AI investment in ElevenLabs. This New York-based voice AI company cons...
Is Canvas still hacked - what is a data breach? The shocking Canvas cyberattack timelineWhat really happened in the Canvas data breach? Hackers allegedly accessed 275 million student records, exposing education’s dangerous hidd...
LBSIM earns AACSB accreditation - Joins the 6% of elite business schools globallyLal Bahadur Shastri Institute of Management (LBSIM), New Delhi, has achieved prestigious AACSB accreditation, a global benchmark for busine...
Replacing humans with AI is turning out to be costlier than expected, Uber, Nvidia execs sayCompanies are finding AI automation costs, particularly token-based pricing, are exceeding employee salaries. Executives from Nvidia and Ub...
Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
In 1994, Jeff Bezos Quit Wall Street: Started Selling Books Online and Built Amazon Into One of the World’s Most Powerful CompaniesLeaving Wall Street, Jeff Bezos saw immense potential in the burgeoning internet, launching an online bookstore from a garage. Despite earl...
The alchemist of Bengaluru: Kiran Mazumdar-Shaw began from a garageKiran Mazumdar-Shaw has named her niece Claire Mazumdar as successor, setting up a gradual leadership transition at Biocon. A pioneer who b...
Dola's arrest reflects strength of India-Turkiye partnership on terror & transnational criminal networksIndia and Turkiye's security cooperation remains strong, evidenced by the recent swift deportation of narco-trafficker Salim Ismailbhai Dol...