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ETtech Deals Digest: Startups raise $225 million in second week of June, up 22% on-yearStartups secured $225 million in funding across 19 rounds during the second week of June, a 22% year-on-year increase. Hygenco Green Energi...
GenXAI Analytics shares list at 20% discount to IPO price on NSE SME platformGenXAI Analytics shares listed on the NSE SME platform at a significant discount. The stock opened at Rs 92.8, below its IPO price of Rs 11...
Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
Liqvd Asia bets on AI, acquisitions to fuel next phase of growth ahead of SME IPOCreative-led digital agency Liqvd Asia is leveraging artificial intelligence and acquisitions for growth, aiming to provide faster, persona...
Hexagon Nutrition shares list at 7% premium over IPO price on boursesHexagon Nutrition debuted at a premium of up to 7.2% over its IPO price, in line with grey market expectations. The Rs 138.9 crore issue wa...
Tieups with higher per capita income nations beneficial to all: Piyush GoyalIndia's partnerships with wealthier nations offer mutual benefits. This strategy leverages India's young talent and competitive costs with ...
The future of AI may be a world where nobody talks about AIhe first wave of artificial intelligence was defined by models, capabilities, and technical breakthroughs. The next may be defined by somet...
EY launches Bengaluru AI centre to help firms test and scale AI transformationEY has launched a state-of-the-art 40,000-square-foot AI innovation hub in Bengaluru, designed to support clients in the exploration and de...
JioHotstar’s TADKA crosses 100 million users as short-form premium content gains tractionJioHotstar's TADKA platform has reached 100 million users. This milestone highlights the growing popularity of short-form video content in ...
OpenDoor India operations closure: Who is Kaz Nejatian, CEO of US real estate tech firm who fired 250 employees?OpenDoor India operations shutdown: Opendoor CEO Kaz Nejatian confirmed the shutdown of the company's India operations, impacting approxima...
Anthropic CEO warns of AI jobs reckoning as company pledges $200 million for researchAnthropic's Claude models have rapidly become among the most widely used AI tools in software development and enterprise work. The company'...
Manam Chocolate raises $9 million funding from Omnivore, Turner MorrisonThe craft chocolate company plans to use the funding to expand its retail footprint to 18 stores in the next two years, adding more product...
Expanding GCCs bring in more value vs new entrantsIndia's global capability centre ecosystem is witnessing a convergence of greenfield and brownfield activities around capability-led work. ...
Tata Consumer sees margin boost, targets 20%+ EBITDA: Chairman ChandrasekaranTata Consumer Products aims for over 20% EBITDA margin in the long run. Newer businesses like Tata Sampann and acquired entities are key gr...
Data security firm Cyera raises $600 million at $12 billion valuationData security firm Cyera secured a significant funding round. The company raised 600 million dollars valuing it at 12 billion dollars. This...
Jio BlackRock prepares ETF debut by August after building $2 billion India fund baseJio BlackRock is set to launch its first Indian ETFs by August, aiming to mirror BlackRock's global success in passive investing. The joint...
BP names heads for two main businesses after revampBP is reorganising its business into two core units, upstream and downstream. Gordon Birrell will lead the upstream operations, while Richa...
How a prisoner created India’s first rainwear brand by studying ducks and built a company that now serves the IAF, NavyAn Indian freedom fighter's prison experience sparked an idea for local rainwear. Surendra Mohan Bose founded Duckback, India's first rainw...
JSW Steel crude steel production rises 15% to 22.93 LTJSW Steel reported a significant 15 percent jump in crude steel production for May. The company produced 22.93 lakh tonnes, a notable incre...
Consumer goods majors eye stronger sales as inflation pushes both volumes and pricesConsumer goods companies anticipate stronger sales growth. Inflation from the West Asia conflict is expected to boost both product volumes ...