Games24x7 to Mentor Startups in Tech Space, Branches Out from Gaming
Games24x7 is branching out from gaming to mentor startups. It has decided to step in the tech segment through its TechXpedite accelerator program. It of course seems a strategic move for the gaming unicorn and simultaneously highlights its broader ambitions. The branching out is also a natural progression toward becoming a more diversified tech platform. […]
Global Pharma Giant Novo Nordisk Collaborates with 10 Indian AI Startups
Novo Nordisk has recently collaborated with 10 Indian AI startups and it marks a significant moment for the Indian AI ecosystem. The Danish company is known for its weight loss drug Wegovy in the world and is leveraging homegrown AI innovation to streamline operations and enhance efficiency. Novo Nordisk managing director for global business services […]
Mumbai-Based Good Glamm Group Acquires Sirona Hygiene for Rs 450 Crore
Mumbai-based Good Glamm Group has lately acquired Sirona Hygiene in an all-cash deal worth Rs 450 crore (approximately $60 million). It is a strategic move by the beauty and personal care giants to dominate the femtech space. Sirona Hygiene has a diverse product portfolio and is aimed at breaking taboos surrounding feminine hygiene. It has […]
From Book Rental to E-Commerce Transformation – Marmeto
Brief Intro About Marmeto to our TechiExpert readers and its mission Let me start by saying Marmeto’s journey began in a rather unexpected way—we originally started with a book rental business, but financial constraints forced us to shut it down. From there, we found ourselves consulting for a few eCommerce brands, and that’s where Marmeto […]
Indian Startup Funding, October 7-12, Week in Review
The Indian startup ecosystem witnessed a remarkable surge in funding between October 7 and 12. 32 startups managed to raise about $134.42 million funds and it is an increase of 45.11% from previous week. The figure last week was $92.63 million. The sudden rise seems optimistic but is simultaneously raising questions related to sustainability of […]
AI-Driven Industrial Robotics Startup Haber Nets Secures $38M for Factory Automation
Haber Nets has lately secured $38 million in a funding round. It is an AI-driven industrial robotics startup. It is set to revolutionize automation in various industries as the world today is of efficiency, sustainability and precision to stay competitive. It is set to reshape the operations of factories. Haber Nets was founded by Vipin […]
India Surges to 21% Share in Global AI App Downloads, Favoring Chatbots, Editors
India’s rise to claim 21% of global AI app downloads in the first eight months of 2024 signals a massive shift in the country’s tech ecosystem. With over 2.2 billion AI app downloads globally during this period, India’s growing appetite for AI tools along with image and video editors is nothing short of remarkable. But […]
SensiML Incorporates RISC-V to Revolutionize AI in Resource-Constrained IoT Devices
SensiML has lately integrated RISC-V in its AI development toolkit and it is believed to be an important moment for AI future in the IoT devices. The company is learned to be well-positioned in democratizing AI for developers. It is not to forget that this is an era of edge computing. The integration is also […]
Energy Startup Enlog Eyes 3x Revenue Boost Following Sustainability Milestones
Energy consumption is gradually becoming a global issue and Enlog is leading the transformation of energy management for businesses. The Indian startup is planning to triple its revenue by next year. It is setting the stage for significant disruption in India’s energy landscape. The company was founded in 2019 and since then has made rapid […]
Startup Employees in India Gain $1.7 Billion Through ESOP Buyback Programs
India’s startup ecosystem has embraced a new form of wealth generation for its employees in recent years and it is ESOP buybacks. More than $1.7 billion has been distributed through these programs since January 2020 and it is clear that the startups are realizing the importance of rewarding talent in meaningful ways. The buybacks are […]