Drones, AI, and data: FarEye’s Last-Mile Leaders event showcases future of last-mile delivery

FarEye, a global last-mile technology platform, hosted the Last-Mile Leaders event on April 19 at Jaypee Hotel in Greater Noida, India, in collaboration with Microsoft. The event, which brought together…

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Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing…

Continue ReadingSwiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Facebook parent Meta's Q1 performance overshadowed by weak revenue, increased expense outlook; stock plummets

Despite posting better-than-expected numbers in the first quarter of 2024, Facebookparent Meta’s forecast of weak revenue and increased expenses caused the company’s stock to plummet about 16% during after-hours trading…

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New-age consumer tech cos to dominate $300B online spend by 2030: Elevation Capital report

Online consumer spending by Indians is estimated to double from $140 billion currently to $300 billion by 2030, with the market share poised to be grabbed by the new-age consumer…

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Financial services firm Northern Arc bags $80M funding from World Bank’s IFC

Non-banking financial company (NBFC) Northern Arc has secured $80 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group, in equal halves of debt…

Continue ReadingFinancial services firm Northern Arc bags $80M funding from World Bank’s IFC