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The Neocloud Era, AI Resets Hiring & More

India, Feb. 9 -- India's Neocloud Boom AI is writing the new era of cloud computing. A new class of neocloud players is emerging to sell GPU-as-a-service (GPUaaS) in India as big tech giants struggle... Read More


IPO-Bound Aye Finance Nets INR 455 Cr From Anchor Investors

India, Feb. 6 -- Ahead of the commencement of the bidding for its public issue on February 9, MSME-focussed NBFC Aye Finance has raised INR 454.5 Cr from anchor investors. The company allotted 3.52 C... Read More


IPO-Bound Aye Finance Nets Rs.455 Cr From Anchor Investors

India, Feb. 6 -- Ahead of the commencement of the bidding for its public issue on February 9, MSME-focussed NBFC Aye Finance has raised Rs.454.5 Cr from anchor investors. The company allotted 3.52 Cr... Read More


Anthropic Sparks SaaSpocalypse, Deeptechs Get A Booster Shot & More

India, Feb. 6 -- Anthropic Rattles Markets Anthropic's launch of Cowork plugins on February 4 sent markets into a tizzy. The AI release sparked a global tech sell-off, dragging down SaaS giants and I... Read More


Govt To Examine Calls For Social Media Ban For Under-16s

India, Feb. 6 -- IT secretary S Krishnan yesterday reportedly said that the government plans to examine the Economic Survey's suggestion for age-based access for social media and other digital platfor... Read More


Suryakumar Yadav Back D2C Fragrance Brand EM5

India, Feb. 6 -- D2C fragrance brand EM5 has secured an undisclosed investment from Indian cricketer Suryakumar Yadav. The startup has also onboarded Kumar as a partner in the company. In a statement... Read More


Suryakumar Yadav Backs D2C Fragrance Brand EM5

India, Feb. 6 -- D2C fragrance brand EM5 has secured an undisclosed investment from Indian cricketer Suryakumar Yadav. The startup has also onboarded Kumar as a partner in the company. In a statement... Read More


Myntra To Move Gurugram Ops To Bengaluru HQ, Axe Catalogue Jobs

India, Feb. 6 -- Fashion ecommerce major Myntra is laying off employees as part of a consolidation exercise, which aims to move its Gurugram-based satellite operations to Bengaluru. Sources told Inc4... Read More


Myntra To Lay Off Employees To Consolidate Operations

India, Feb. 6 -- Fashion ecommerce major Myntra is laying off employees as part of a consolidation exercise, which aims to move its Gurugram-based satellite operations to Bengaluru. Sources told Inc4... Read More


SAMRIDH Scheme Disbursed INR 94 Cr Startup Funding In 5 Years: MoS IT

India, Feb. 5 -- Minister of State (MoS) for IT Jitin Prasada yesterday informed the Parliament that the Centre has disbursed funds worth INR 93.75 Cr to 241 startups under the Startup Accelerator of ... Read More