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First Movers In India’s GenAI Revolution
The post First Movers In India’s GenAI Revolution appeared first on Inc42 Media.
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PhonePe Rolls Out UPI Payments For Indian Travellers In Sri Lanka
Fintech major PhonePe has partnered with LankaPay to enable Unified Payments Interface (UPI) payments for Indian users travelling to Sri Lanka. As part of the collaboration, PhonePe users will be able...
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Soket AI Labs Partners Google Cloud To Launch Open-Source Multilingual Model...
Homegrown GenAI startup Soket AI Labs has launched India’s first open-source multilingual foundational model Pragna-1B in partnership with Google Cloud. As per CNBC-TV18, the model will be available...
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Exploring Right Time For Flipkart IPO: Walmart International CEO
Amid reports of Flipkart mulling a public listing, a senior executive at parent Walmart has said that the company is exploring the “right time” for the ecommerce giant’s initial public offering (IPO)....
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From PCOs To Satcom: Tracing India’s Telecom Journey This World Telecom Day
It was May 17, 1973, and the world was formally celebrating its first World Telecommunication Day. Just a month ago, Motorola had demonstrated the world’s first handheld cellular mobile phone, and with...
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TRAI To Host Discussions In Next 3 Months On Regulating OTT Communication Apps
The Telecom Regulatory Authority of India (TRAI) reportedly plans to hold open house discussions to formulate a regulatory framework to oversee over-the-top (OTT) communication services that are not...
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Delhivery Expands ESOP Pool With 75,000 Additional Stock Options
Listed logistics major Delhivery on Friday (May 17) announced the allotment of 75,000 stock options under its Employee Stock Option Plan (ESOP) 2012. “…We wish to inform that the nomination and...
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Urban Company’s CEO Expects UAE Operations To Turn Profitable Soon
Just days after Urban Company’s cofounder and CEO Abhiraj Singh Bhal claimed that it turned profitable before tax (PBT) in April 2024, the hyperlocal services startup now expects its UAE operations to...
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Need To Harness AI For Indian Youth Despite Challenges: CEA Nageswaran
Chief economic advisor (CEA) V Anantha Nageswaran has emphasised the need for harnessing artificial intelligence (AI) to “profit” India’s youth as the emerging technology may lead to “huge...
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Mega Reshuffle At Tata Neu, 20 New Executives Take Seat At Digital Giant
Fraught with top-level exodus, Tata Digital, the digital arm of Tata Group, has reportedly rejigged the senior leadership team of its super app Tata Neu. As per Economic Times, Hardeep Singh Guru has...
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Hero MotoCorp To Take On Ola Electric, Eyes Mid & Mass Two-Wheeler EV Space
Amid intensifying competition from Ola Electric, automaker Hero MotoCorp plans to expand its presence in the electric vehicle (EV) space with new “mid and mass” offerings. Speaking during an analyst...
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CCI Chief Red Flags Algorithm Opacity & Data Dominance Practices Among...
Competition Commission of India (CCI) chairman Ravneet Kaur on Monday (May 20) reportedly said that the competition watchdog was focussed on emerging areas of the digital economy to safeguard consumer...
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OYO In Talks With Family Offices For New Round At Down Valuation: Report
Hospitality major OYO is reportedly in talks to raise a down round at a valuation of $2.3 Bn, down 77% from its peak $10 Bn valuation back in 2019. As per a report in The Arc, the Ritesh Agarwal-led...
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Govt To Double IndiaAI Mission’s Outlay To INR 20,000 Cr: MoS Chandrasekhar
Minister of State (MoS) for Electronics and Information Technology Rajeev Chandrasekhar has reportedly said that the Centre will double the outlay of the IndiaAI Mission to INR 20,000 Cr. “The Prime...
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Ahead Of IPO, Awfis Bags INR 268.6 Cr From 32 Anchor Investors
Coworking space provider Awfis has raised INR 268.6 Cr from 32 anchor investors at the upper price band of INR 383 per equity share. The startup, whose public issue will open on May 22, has allocated...
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From GPT-4o To AI-Powered Windows PCs, Microsoft Debuts New AI Tools
The word “AI” (artificial intelligence) took centre stage on the first day of Microsoft’s three-day Build developer conference. Attended by 4,000 people in Seattle, the event will see the tech major...
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Indian GenAI Startup Tracker: 60+ Startups Putting India On The Global AI Map
Before November 2022, OpenAI was a little-known startup in the US. However, that very month, the company unveiled a chatbot, ChatGPT, which in just two months crossed 100 Mn monthly active users,...
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Meet The 10 Startups That Made Ripples At MSH ‘Investor Connect Programme’ In...
MeitY Startup Hub (MSH) ‘Investor Connect Programme’ in Bhubaneswar provided an opportunity to 10 startups from various sectors like deeptech, healthtech and agritech to showcase their offerings to...
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Nykaa Rejigs Business Verticals; To Merge LBB With Nykaa Fashion
Beauty ecommerce major Nykaa has announced a major restructuring of its business verticals. The company’s board on Wednesday (May 22) approved the acquisition of western wear and accessories business...
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Dixon Technologies To Manufacture Google Pixel 8 Smartphones In India
Google has reportedly tied up with homegrown electronics manufacturer Dixon Technologies to manufacture the big tech major’s flagship Pixel 8 smartphones in India. Sources told The Economic Times that...
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