SC to hear plea related to insolvency proceedings against BYJU’S on Sept 17
The Supreme Court on Wednesday said it would hear on September 17 the appeal of US-based creditor Glas Trust Company LLC against a judgment of the NCLAT, which had stayed…
CoinDCX profit drops 45% in FY24
The profitability and revenue of Neblio Technologies Private Limited, the holding company of crypto exchange CoinDCX, has taken a hit in FY24. Profit after tax shrunk by 45.27% to Rs…
Cloud skills: 5 factors fuelling their demand in India
The information technology (IT) industry has consistently been an attractive and high-paying sector for job seekers. Even during economic downturns, significant layoffs, and intense competition, the IT field continues to…
Ecommerce adoption in Tier II set to surge as 60% consumers boost festive online budgets: Meesho report
More than 60% of shoppers on ecommerce marketplace Meeshointend to increase their online shopping budgets, indicating a growing trend of ecommerce adoption in Tier II cities. The company's report, “E-commerce Festive…
InMobi bags $100M from MARS Growth Capital to fuel AI-based acquisitions
Consumer technology company InMobihas secured $100 million debt financing from Mars Growth Capital, a joint venture between MUFG and Liquidity Group. The raised funds will be utilised to fuel the Singapore-based…
MiniMax: The Chinese AI video generator rival to Sora
The competition for text-to-video AI tools is getting heated! With various platforms releasing their versions. Recently, Kling AI, an AI-powered Chinese video generator became viral for creating visually realistic clips.…
Uber Black is back: Uber reintroduces upscale category starting with Mumbai
Ride-hailing app Uber has announced the return of its upscale 'Uber Black' category in India, starting with Mumbai.The move is a step towards addressing the growing preference of Indian customers…
Kerala brothers turn agri-waste into Rs 3 crore startup
In the heart of Kerala, two entrepreneur brothers, Rohan and Rishabh Suri, are spearheading a remarkable movement to transform agricultural waste into eco-friendly disposable tableware. Their company, Qudrat, is more…
InMobi secures $100 million for AI acquisitions ahead of IPO
Adtech startup InMobi has raised $100 million in debt financing as the profitable Indian firm looks to “significantly deepen” its artificial intelligence initiatives and fund potential AI acquisitions ahead of…
Mariwala-backed Sharrp Ventures partners with Re Sustainability for plastic circularity initiative
Hair oil brand Parachute’s plastic bottle packaging from its previous avatar sold in tin cans changed the way branded coconut oil was sold in India back in the 1980s and…
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