The Economic Time
Ola Electric's net loss surges to Rs 1,472 crore in FY23 as expenses grow
Bhavish Aggarwal-driven Ola Electric's net loss nearly doubled to Rs 1,472 crore in FY23, from Rs 784.1 crore in the previous fiscal year, as...
Most consumer internet firms recorded growth in November: BoFA report
The number of Zomato’s daily active users (DAUs) rose 0.6% in November over October, while that of Swiggy fell 1.9% during the same period, it said.
Over 100 websites blocked for facilitating organised illegal investments
These websites were identified and recommended for blocking by the Indian Cybercrime Coordination Centre (I4C), an initiative of the Home Ministry...
Govt recognises 1,14,902 entities as startups as on October 31
Replying to a question in the Lok Sabha, Commerce and Industry Piyush Goyal said the action plan includes 19 items spanning across areas such as...
Mobile Premier League net loss narrows to $37 million in FY23 as revenue grows, expenses fall
MPL's revenue from operations increased to $104.63 million in FY23, compared to $64.20 million in FY22, at a group level. Expenses also fell as it...
Investment firm SenseAI to pump Rs 200 crore in AI startups in next three years
SenseAI Fund I plans to invest in 18-20 AI-first startups, focusing on early-stage companies and may further make follow-on investments in its most...
The Sleep Company raises Rs 184 crore from Premji Invest, Fireside Ventures
The sleeping products maker started building its retail store network a year ago and today has 60 stores across 20 cities. It plans to take its...
Nvidia to develop new chips that comply with US export regulations
The California-based artificial intelligence chip designer has commanded more than a 90% share of China's $7 billion AI chip market, but analysts...
Byju’s CEO says will tide over crisis in 45-60 days; BNPL startup ZestMoney to shut shop
Amid the ongoing cash crunch at Byju’s, founder and CEO Byju Raveendran told senior executives that he is aiming to address the crisis over the...
Internet of the future to be led by like-minded countries: MoS IT Rajeev Chandrasekhar
Speaking at the India Internet Governance Forum, Chandrasekhar said that “multistakeholderism” and consultative policymaking was the approach of...