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Was India’s ‘Drone Prodigy’ Kite Flying About His Indigenous Tech?
For Prathap NM, the journey from being hailed to going awol took just a year. A quintessential son of the soil from Karnataka was hailed as a prodigy. Born in Mandya in a poor farming family, the...
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YouPlus Founder Accused Of $11 Mn Fraud For Faking Revenues And AI Tech
YouPlus founder and CEO Shaukat Shamim has been accused of fraudulently raising over $17 Mn for an artificial intelligence company by making false and misleading statements about the company’s...
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Former Alibaba Employee Alleges Wrongful Termination, Censorship, Fake News
A Gurugram court has summoned Alibaba and its founder Jack Ma in a case in which a former employee, Pushpandra Singh Parmar who worked as associate director at the UC Web office in Gurugram until...
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DRDO Launches Dare To Dream 2.0 Challenge To Promote Defence Tech Innovations
While startups are leveraging new-age technologies to bring in a substantial change in the everyday lives of citizens, the Defence Research Development Organisation (DRDO) has launched the ‘Dare to...
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Indian Railways To Rewamp IRCTC Website
Indian Railways, the 163-year-old workhorse, which ferries 23 Mn passengers and 3 Mn tonnes of freight daily from 7,349 stations is set for an overhaul riding on the back of artificial intelligence and...
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30 Startups To Watch: The Startups That Caught Our Eye In July 2020
While the second quarter of FY21 began with a number of rules to help businesses reopen and get their operations going, there is still a long way to go for the world to see any semblance of recovery....
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18 Months, $150 Mn Revenue, $300 Mn Exit; BYJU’S Acquires Whitehat Jr
In a bid to expand its offerings, edtech unicorn BYJU’s has acquired Mumbai-based Whitehat Jr. for $300 Mn. Founded in 2018 by ex-Discovery Networks CEO, Karan Bajaj, WhiteHat Jr is a live online...
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Spinny Acquires Truebil To Challenge Auto Giants In Used Cars Segment
Gurugram-based online used car platform Spinny, on Thursday (August 6), announced that it has acquired rival Truebil for an undisclosed amount. The acquisition comes at a time when the used car market...
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Microsoft In Talks To Acquire TikTok’s India Business
Global tech giant Microsoft is reportedly looking to acquire all of TikTok’s global businesses, including its India and Europe entities. The news comes just a few days after Microsoft confirmed that it...
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Delhi Govt Kicks Off Consultations To Draft New Startup Policy
Delhi chief minister Arvind Kejriwal announced the kickstart of the consultation for Delhi’s new policy for startups in a meeting with industry leaders on Saturday (August 8). The industry leaders who...
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[UPDATE] OYO, Founder Ritesh Agarwal Face More Heat Over Unpaid Dues
Gurugram-based hospitality giant OYO’s troubles with disgruntled hotel partners over unpaid dues continues to rage on, even as the company claims to have recovered to some extent from the Covid-19...
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Joint Parliamentary Panel On PDP Bill Discuss Children’s Privacy Rights
The sixth sitting of the Joint Parliamentary Committee on the Personal Data Protection Bill held on Monday (August 10) saw key issues brought to the fore by law firm Luthra and Luthra and Foundation of...
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Exclusive: HungerBox Raises INR 11.97 Cr Funding From One97, Existing Investors
HungerBox, the Bengaluru-based B2B foodtech company, has raised INR 11.67 Cr in funding from existing investors including Paytm parent company One97 Communications Limited, Sabre Partners Trust,...
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ByteDance Halts Hiring In India Amid Uncertainty; Employees Look To Jump Ship
Beleaguered Chinese tech giant ByteDance, which took a body blow with the Indian government’s ban on TikTok and Helo in June, has frozen hiring and is said to be reviewing some senior management roles...
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ByteDance Might Offload TikTok’s India Business To Reliance Jio As Ban Wreaks...
After Microsoft and Twitter, Reliance Jio Platforms is speculated to be lining up to acquire a piece of TikTok’s business in India, which could turn around ByteDance’s fortunes in the country. The...
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Electric Vehicles This Week: Govt Nod On Sale, Registration Of EVs Without...
In a big push to create an ecosystem for clean transport, the government has allowed companies to sell electric two and three-wheelers without batteries. The battery, which accounts for 30-40% of the...
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Exclusive: Customer Support SaaS Startup Verloop Is Raising INR 26 Cr From...
Bengaluru-based conversational AI and customer support SaaS provider Verloop is raising INR 26 Cr through equity & preference shares from Alpha Wave Incubation, Praitithi Investment Trust,...
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Big Opportunity For Reliance Jio As Huawei, ZTE May Be Booted From 5G Trials
China’s Huawei and ZTE will be kept out of India’s plans to roll out its 5G network. Sources told Bloomberg on condition of anonymity that the Ministry of Communications will restart pending...
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#StartupIndia: 74 Defining Moments From India’s Startup Ecosystem In The Last...
Announced five years ago on 15 August 2015 and launched in January 2016, Startup India is often called the current Narendra Modi government’s pet projects and for good reason. The ‘Startup India,...
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After Microsoft, Google In Talks With ShareChat To Infuse Funds
Google is in talks with regional language-focussed social media platform ShareChat for investing, according to a recent report. The Bengaluru-based company is looking to raise $150 Mn -200 Mn and is...
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