The Economic Time
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Digital tech platform Ayekart Fintech invests in Nature's Fresh Express
With this investment, Ayekart will be able to tap into the extensive network of farmers and other stakeholders in the Indian vegetable market,...
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OpenAI to introduce ChatGPT app for iOS
The app will be similar to the ChatGPT website, wherein users can ask questions to the AI and get answers on their screens.
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Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public
The company in March announced plans to reshape itself into six business divisions with plans to allow all but its core e-commerce business to...
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Swiggy says food-delivery arm profitable sans Esop costs; Infy slashes variable pay to 60%
Amid the dark clouds of sharp valuation markdowns for tech companies, Swiggy's CEO Sriharsha Majety announced that its food-delivery business...
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Gaming startup Rooter raises $16 million in funding led by Lightbox
The Delhi-based startup aims to hit profitability by April 2024, and cross $10 million in annual recurring revenue (ARR) in the next three...
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Tesla discusses car, battery-making incentives with Indian officials
The electric car maker proposed setting up a factory in India to build electric vehicles (EV) and also discussed plans to locally manufacture EV...
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AWS to invest $12.7 billion in India’s cloud infrastructure by 2030
AWS’ newly appointed chief executive officer, Adam Selipsky, considers India a ‘bright spot’ amid a period of unprecedented global uncertainty.
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Indian government made most requests for user data after US in H2 2022: Meta
The Indian government made 63,852 requests to social media giant Meta to provide user data in the second half of 2022 (from July to December),...
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Embracing cloud tech critical for India to meet $5-trillion economy goal: AWS CEO Adam Selipsky
India remains a “bright spot” amid a period of unprecedented global uncertainty, where businesses are increasingly turning conservative,...
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Theranos founder Holmes ordered to prison, pay victims
Holmes was sentenced to just over 11 years in prison for defrauding investors with her Silicon Valley start-up Theranos.