india

A Year of RBI Ban: Paytm, Razorpay Embracing New Revenue Streams

In a significant regulatory move last year, the Reserve Bank of India (RBI) imposed a ban on major payment aggregators like Paytm, Razorpay, Cashfree, and PayU from onboarding new merchants and businesses. Initially presumed to be a short-lived setback,...

Prosus Cuts Byju’s Valuation to Below $3 Billion, 86% Down from Its Peak of $22 Billion

The troubles for Byju's seem far from over! Byju's, once hailed as the most promising startup in India's edtech space, has constantly been in controversies surrounded by financial frauds, mounting losses, outstanding debt obligations, misleading advertisements and various other...

Generative AI Impact on Jobs in India by 2032: Accounting-Related Jobs Are At High Risk

The growing concern that artificial intelligence (AI) will significantly shake up the job market and humanity as a whole has been gaining momentum each month. In a recent report, titled 'Gen AI Proof Jobs' by Pearson, a noteworthy observation...

Tata Technologies IPO Makes History: Achieves 69.4x Subscription As Bids Exceed Rs 1.56 Lakh Crore!

Tata Technologies IPO, as anticipated, turned out to be a blockbuster success for the Tata Group. The IPO, valued at Rs 3,042.51 crore, witnessed an extraordinary subscription rate of 69.4 times. On the final day of bidding, November 24,...

India’s Evolving Mobile App Preferences: Users Engage with 7 Apps on Average

In the evolving landscape of India's digital revolution, the last decade has witnessed a phenomenal rise in smartphone adoption, accompanied by a parallel surge in the usage of mobile applications. According to a recent CyberMedia Research (CMR) study, an...

3.6 Lakh Employees Parted Ways with Indian Startup Unicorns: Bengaluru Takes Lead in Net Layoffs

The Indian startup ecosystem has witnessed significant churn between September 2022 and July 2023, as revealed by the latest data from PrivateCircle Research. A whopping 3.6 lakh employees across 111 Indian startup unicorns have left their jobs during the...

ShareChat Spent ₹7.4 to Generate Just ₹1 as Operating Revenue in FY23: Struggling to Grow in India’s Short-Video-Sharing Market

The ban on TikTok in India gave birth to many short-video sharing platforms, with ShareChat and Moj emerging as the nation's favourites. Mohalla Tech, the parent company of ShareChat and Moj, recently disclosed its financial performance for the fiscal...

Vodafone Idea Mobile Subscriber Count Reaches All-Time Low Despite Losing Only 50K in August 2023

India's telecom sector has undergone significant transformations over the past seven years, particularly with the disruptive entry of Reliance Jio in 2016. The recent introduction of 5G services has further intensified the competition, with Reliance Jio and Bharti Airtel...

India’s PC Market Bounces Back with 14% YoY Growth in Q3 2023, Consumer Segment Thrives

India's traditional PC market, comprising desktops, notebooks, and workstations, witnessed a remarkable resurgence in the third quarter ending September 30, 2023. After five consecutive years of declining shipments, PC vendors shipped 4.5 million units in Q3 2023, with an...

Bengaluru Tech Summit 2023: Shaping India’s Global Tech Leadership

The upcoming 26th edition of the Bengaluru Tech Summit is a significant milestone in India's journey towards becoming a global leader in tech transformation and innovation. Hosted by the Department of Electronics, IT, Bt, and S&T, Government of Karnataka,...
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Quick Commerce War Heats Up: Can Flipkart Catch Zepto After the Failed Acquisition?

When a big company intends to enter a new business segment from scratch, it often prefers to acquire an...
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