Articles from economictimes.indiatimes.com

Articles from economictimes.indiatimes.com

Singapore-based fintech Zinc, which offers financial services tools for overseas students, raised a $25.5M seed led by Nexus Venture Partners (economictimes.indiatimes.com)
25 days ago Fintech Singapore

Sources: Peak XV has cut its $2.85B fund by $465M, or ~16%, over a year after its split from Sequoia, with the bulk of the reduction coming at the growth stage (economictimes.indiatimes.com)
2024-10-2

Myntra founder Mukesh Bansal's Nurix AI, which builds custom AI agents for enterprise services, raises a $27.5M seed from Accel, General Catalyst, and others (economictimes.indiatimes.com)
2024-9-24 AI

Centricity, a digital wealth management service for financial advisers and asset managers, raised a $20M seed led by Lightspeed India at a $125M valuation (economictimes.indiatimes.com)
2024-9-12 India Asset

Indian bike taxi startup Rapido raised $200M at a $1.1B valuation led by WestBridge and plans to expand its newly launched cab-hailing service (economictimes.indiatimes.com)
2024-9-5 India Startup

PhonePe and Google Pay accounted for over 85% share of 14.4B UPI transactions in July; PhonePe led with 5.9B transactions, Google Pay 5.3B, and Paytm 1.1B (economictimes.indiatimes.com)
2024-8-20 Google

Flipkart consolidates its various fintech offerings, including UPI and BNPL, under Flipkart Pay; the move follows recent expansions and a spinoff of PhonePe (economictimes.indiatimes.com)
2024-7-30 Fintech

Mumbai-based Neysa, which offers a suite of generative AI tools to help clients manage their AI projects, raised a $20M seed led by Matrix, Nexus, and NTTVC (economictimes.indiatimes.com)
2024-4-10 AI

India's IT minister says the country is looking to frame a “balanced” AI law that will protect news publishers and content creators while minimizing user harm (economictimes.indiatimes.com)
2024-4-5 India AI

Bain: Indian startups raised $9.6B in 2023, down from $25.7B in 2022; over 35K Indian startups shut down in 2023 and leading startups laid off 20,000+ employees (economictimes.indiatimes.com)
2024-3-16 India Startup

Bethesda, Maryland-based HiLabs, whose AI-powered tools provide clean data for health care organizations, raised a $39M Series B led by Eight Roads and Denali (economictimes.indiatimes.com)
2024-3-15 AI

What the US economy needs is a cheap date (economictimes.indiatimes.com)
2024-3-12

India approves a ~$1.25B investment in AI projects over five years, including for optimizing compute infrastructure, LLM development, and education in AI (economictimes.indiatimes.com)
2024-3-8 India AI Education

Indian watchdog MeitY issues an advisory asking developers to seek “explicit permission” before deploying any AI models or AI-backed algorithms (economictimes.indiatimes.com)
2024-3-4 India AI Algorithm

Q&A with Uber CEO Dara Khosrowshahi about the Indian market, competition, achieving profitability, regrets about selling UberEats in India, regulations, more (economictimes.indiatimes.com)
2024-2-27 India Uber

The Misinformation Combat Alliance and Meta plan to launch a dedicated fact-checking helpline on WhatsApp in India so users can flag deepfakes for analysis (economictimes.indiatimes.com)
2024-2-20 India WhatsApp

Sources: Paytm E-commerce changed its name to Pai Platforms and has acquired Bitsila, a seller platform on ONDC, gaining share in the online retail business (economictimes.indiatimes.com)
2024-2-9 Retail

France to back any bid for Olympics by India, says French President Emmanuel Macron (economictimes.indiatimes.com)
2024-1-27 France India

Indian cricket NFT startup Rario plans to close on January 29 and relaunch in March 2024, leaving users with losses; Rario raised a $120M Series A in April 2022 (economictimes.indiatimes.com)
2024-1-25 India Startup

Meet Lexi Love, AI model that receives 20 proposals per month. This is virtual love (economictimes.indiatimes.com)
2024-1-21 AI

Taliban talks peace, urges Pakistan and Iran to show restraint (economictimes.indiatimes.com)
2024-1-19 Iran

China introduces revolutionary nuclear battery that lasts 50 years without charging (economictimes.indiatimes.com)
2024-1-18 China Battery

Bengaluru-based Impact Analytics, which offers retail, grocery, CPG, and supply chain planning and merchandising software, raised $40M led by Sageview Capital (economictimes.indiatimes.com)
2024-1-10 Retail

Former RBI governor explains why India needs Chinese investment but not its Wolf Warrior policy (economictimes.indiatimes.com)
2023-12-13 China India

India on track to get 50% energy via non-fossil fuel sources (economictimes.indiatimes.com)
2023-12-6 India Energy

Q&A with Jeff Dean, chief scientist of Google DeepMind and Google Research, on Bard's launch, Gemini LLM, DeepMind-Brain merger, AI misinformation, and more (economictimes.indiatimes.com)
2023-11-28 Google AI

The EU Commission plans to carry out a regulatory assessment of Qualcomm's acquisition of Israeli fabless chipmaker Autotalks, a deal announced in May 2023 (economictimes.indiatimes.com)
2023-8-18 Israel

Zomato reports Q1 revenue up 71% YoY to ~$292.2M and its first-ever consolidated quarterly net profit at ~$241.9K, vs. a loss of ~$2.34M in the year-ago quarter (economictimes.indiatimes.com)
2023-8-5

A regulatory disclosure shows that Fidelity has halved the valuation of Indian business messaging startup Gupshup to $697M, down from $1.4B in July 2021 (economictimes.indiatimes.com)
2023-8-1 India Startup

Sources: Tiger Global has completed its exit from Flipkart, in a years-long selloff that led to gains totaling $3.5B (economictimes.indiatimes.com)
2023-7-31

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