Tiger Global-backed unicorn Apna’s revenue falls nearly a third, losses halved in FY24

Tiger Global Management-backed unicorn Apna saw its operating revenue drop by nearly a third in FY 2023-24, driven by a slowdown in its core revenue stream—software development support services.The Bengaluru-based…

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X’s Indian subsidiary sees 90% plunge in FY24 revenue, profit as ad business falters

Twitter Communications India Private Limited, the Indian subsidiary of Elon Musk-owned X (formerly Twitter), has seen a significant drop of about 90% in both its topline and bottomline for the…

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Reliance Infra’s Rs.10,000 Crore Boost to India’s Defense Hub

In a bold move to bolster India’s defense manufacturing sector, Reliance Infrastructure Limited, led by the Anil Ambani family, has announced a massive ₹10,000 crore investment in Maharashtra's Ratnagiri district.…

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India can become creator, exporter of AI tech: Jensen Huang, Mukesh Ambani at NVIDIA India Summit

India could become a creator and exporter of AI technologies, said Jensen Huang, Founder and CEO, NVIDIA and Mukesh Ambani, Chairman, Reliance Industries at the NVIDIA AI Summit India in…

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Binkit introduces EMIs for orders above Rs 2,999, taking on Amazon and Flipkart

Blinkit users can now opt for EMIs on orders over Rs 2,999 as the platform ramps up competition against ecommerce giants."We believe this will improve affordability and enable better financial…

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Reliance partners with NVIDIA to build AI infrastructure in India

US-based chipmaker NVIDIA is partnering with Mukesh Ambani-owned Reliance Industries (RIL) to build Artificial Intelligence (AI) infrastructure in India, said NVIDIA CEO Jensen Huang on Thursday. Huang was speaking at…

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