Samsung and Bezos Team Up in $700M Bet on AI Chip Innovator Tenstorrent
Jeff Bezos has come up with a bold move in the tech world. He is now betting on Tenstorrent startup with big ambitions in the AI chip market and to compete against Nvidia. He participated in a $700 million funding round along with Samsung, LG Electronics and Fidelity. Nvidia has long been the leader in […]
Funky Monkeys and LearnTube.ai Among Nazara’s ₹196 Crore Expansion Plan
Nazara Technologies is a leading name in online gaming and it has lately announced investments worth ₹196 crore. The basic plan is to strengthen presence in entertainment, education and its subsidiaries. The company has invested ₹43.7 crore in Funky Monkeys Play that focus on indoor play centres. Its stake in it is 60%. Funky Monkeys […]
PhonePe Ends Juspay Partnership, Bhavish Aggarwal Pledges 1.1% Ola Electric Equity
India’s startup ecosystem continues to witness a flurry of developments. It is a gesture of innovation and strategic shifts in various industries. PhonePe has lately discontinued partnership with Juspay and it is being marked as an important moment in the fintech sector. Bhavish Aggarwal from Ola Electric made headlines by pledging 1.10% of his equity […]
Intern Declines ₹10K Stipend, CEO’s Post Fuels Heated Compensation Debate
A serious controversy has erupted on social media after startup CEO Vinayak Sarawagi shared his frustration over an intern rejecting monthly stipend of ₹10,000. The post basically questioned the expectations and work ethic of the candidate. But the post backfired and sparked heated debate about fair compensation for interns. Many labelled the offer inadequate for […]
What Are the Top IT Service Management Best Practices?
Imagine a world where every technological shift unfolds effortlessly, system upgrades run smoothly, and process enhancements continually drive business efficiency. This isn’t a far-off dream; it’s the reality that an effective IT service management (ITSM) solution can make it possible. ITSM is significant to the functioning of the entire business, both in assimilating IT systems […]
Pocket FM’s Global Revenue Soars 496%, Reaches ₹1,000 Crore Milestone
Bengaluru-based Pocket FM audio series platform has achieved a milestone in the financial year 2023-24. Its revenue has skyrocketed 6X to more than ₹1,000 crore. The great leap from ₹176 crore in the previous year reveals good rise of audio entertainment industry. Pocket FM was Founded by Nishanth S., Prateek Dixit and Rohan Nayak in […]
Kanthi Dutt Accused of Forgery, Financial Misrepresentation in High-Profile Startup Case
Hyderabad’s startup scene has been rocked by the arrest of once-celebrated entrepreneur Kanthi Dutt. He is facing serious allegations of investment fraud. Dutt is known for his connections with high-profile individuals and celebrities including Bollywood actress Parineeti Chopra. The story took a dramatic turn when Tritiyaa co-founder Srija Tippala stepped forward with claims. She accused […]
Global Spotlight on Indian Startups as Funding Hits $9.2 Billion
Indian startups have made an impressive mark this year and has secured an impressive funding of $9.2 billion across 984 deals until October. It is a 44.4% growth compared to the same period last year and reflects increasing global confidence in India’s startup ecosystem. The numbers reveal a compelling story. Venture capital (VC) deals amounted […]
Dr. Jitendra Singh Highlights Role of Startups in India’s Global Tech Future
Dr. Jitendra Singh delivered an inspiring message at the India International Science Festival (IISF) 2024 in Guwahati. He addressed a good gathering of research leaders, university heads and industry professionals. His words favored for collaboration among startups, industries and academic institutions. Dr. Singh emphasized that the future of India lies in integrating traditional knowledge with […]
Former Google and Stripe Leaders Launch AI OS with $56M Funding
Imagine a world where AI agents work seamlessly across your devices. Imagine it helps with tasks like booking tickets, writing reports or managing schedules. It could be almost like a digital assistant that feels human. This is exactly the vision driving /dev/agents, a new startup led by former executives from Google and Stripe. It has […]