TECHNOLOGY
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Nearly 60 YC-backed Indian startups have deposits stuck in Silicon Valley Bank
These particularly include startups backed by the famed Silicon Valley accelerator Y Combinator (YC). At least 40 YC-backed Indian startups have...
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SVB fully exited Paytm by selling stake to private investors, clarifies Vijay Shekhar Sharma
According to Sharma's tweets, SVB had a total investment of $1.7 million in One 97 Communications and they exited fully with handsome returns
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Kerala-based Inker Robotics secures $1.2 million funding
Inker Robotics has secured a $1.2 million funding round from AHK Ventures. This will be used to further enhance its training delivery platform...
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PhonePe gets payment aggregator licence, reaches $1 trillion annualised payment value run rate
The company said that the growth is backed by its leadership in the UPI space where it holds over 50 per cent market share by value.
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Infosys' Mohit Joshi joins Tech Mahindra as MD and CEO
Mohit Joshi, a 22-year veteran of Infosys, has resigned from his post as President of Infosys to join Tech Mahindra, India's fifth largest IT...
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How Silicon Valley Bank served the tech industry and beyond
As the world starts to assess the fallout of the biggest bank collapse since the 2008 financial crisis, here are the various ways the bank of...
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Facebook-parent Meta plans new layoffs that could match last year's tally: report
Meta let go of 11,000 employees four months ago and would be the first Big Tech company to announce a second round of mass layoffs.
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Apple may drive jobs as India put on speed dial for manufacturing
About 1,20,000 new positions may open in FY24, mostly in manufacturing; nos may rise to at least 3,00,000 by FY26.
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RummyCircle operator moves Madras HC against crime branch notice
The crime branch is investigating into the suicide of one Manikandan, and has filed an FIR that claims he had killed himself after losing money...