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SAAS COMPANIES VALUATIONS
Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...- Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
- ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
- David Wadhwani, Anil Chakravarthy or...? Adobe Looks within & outside for CEO in AI eraAs part of the search, Microsoft Executive VP Charles Lamanna held discussions with Adobe about the role, but ultimately opted against cont...
- Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
- Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attra...
- Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflo...
- Adani Power surpasses Infosys in market capitalisation after 126% rally in one yearAdani Power has overtaken Infosys in market capitalisation to become India’s 11th most valued company. The stock has surged around 68% so f...
- Not all startups are built the same. Which category defines yours?Startup award categories are often shaped more by founder journeys, business models, and growth approaches than by sectors alone. Through r...
- Michael Burry’s AI crash warning grows louder: Is Nvidia-driven hype and record venture capital funding pushing Wall Street toward another dot-com disaster?Michael Burry’s AI bubble warning is shaking Wall Street after fresh data showed 87% of venture capital funding now flows into artificial i...
- Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
- 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...
- Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
- Rajeev Thakkar and Sankaran Naren see value in IT despite AI disruption concernsVeteran fund managers Rajeev Thakkar and Sankaran Naren believe select Indian IT stocks are becoming attractive despite AI disruption conce...
- Upwind: A US cybersecurity co shares what's in demand now as wars move to the cloudUpwind, a US cloud security firm, is expanding into India and Asia-Pacific. Demand is rising from defense and government sectors due to cyb...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Freshworks cuts 500 jobs; Q1 revenue hits $228 millionFreshworks announced significant job cuts, reducing its workforce by 11% or approximately 500 employees. This move comes as the business so...
- Worry about an impending $eluge?Global private equity firms are amassing huge funds for India. However, disruptions in tech and lending sectors, coupled with high valuatio...
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