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Maharashtra On Track To Become India's AI Capital: CM Fadnavis

India, Feb. 24 -- Maharashtra aims to become the AI capital of India over the next four to five years as part of the nationwide effort to increase adoption of the fast-developing technology, chief min... Read More


Haptik's Aakrit Vaish Steps Down, Ahshad Jussawalla Takes Over As CEO

India, Feb. 24 -- Aakrit Vaish, cofounder of conversational AI platform Haptik, has stepped down as the CEO, handing over leadership to Ahshad Jussawalla. Vaish shared the update in a post on X. "Las... Read More


Meta Eyes India Expansion, To Hire Engineers & AI Talents For New Bengaluru Hub

India, Feb. 24 -- In an effort to strengthen its presence in India, Meta is setting up its new office in Bengaluru and is actively hiring for engineering and product roles for artificial intelligence ... Read More


Oxyzo Raises INR 100 Cr In Debt From AK Capital

India, Feb. 24 -- Fintech unicorn Oxyzo has secured INR 100 Cr (around $11.5 Mn) in debt from AK Capital. In a regulatory filing, the company said that its board allotted 1,00,000 non-convertible deb... Read More


BluSmart Repays INR 30 Cr After Defaulting On Bonds

India, Feb. 24 -- Electric cab-hailing startup BluSmart Mobility reportedly defaulted on INR 30 Cr of bonds in early February. BluSmart, which is in the middle of raising about INR 434 Cr in its Seri... Read More


BluSmart Faces Cross Default After Delay In INR 30 Cr NCD Payment: Report

India, Feb. 24 -- Electric cab-hailing startup BluSmart Mobility is reportedly grappling with a cash crunch, which caused the Delhi NCR-based company to default on INR 30 Cr of debt in early February.... Read More


Unicommerce Shares Plunge 4% To Hit A Fresh All-Time Low

India, Feb. 24 -- Shares of ecommerce-focussed SaaS major Unicommerce tumbled over 4% to hit an all-time low at INR 112.55 apiece on the BSE on Monday (February 24) as broader market rout continued am... Read More


Veranda Learning Acquires Stakes In BB Virtuals, Navkar Digital

India, Feb. 24 -- Listed edtech company Veranda Learning Solutions said it has acquired a 40.41% stake in BB Virtuals and 65% stake in Ahmedabad-based online CA coaching institute Navkar Digital. The... Read More


MobiKwik Shares Drop 6% To Hit All-Time Low

India, Feb. 24 -- Shares of MobiKwik dropped 5.6% to mark its fresh all-time low of INR 293.60 apiece on the BSE intraday trading session today (February 24), days after acquiring an additional stake ... Read More


Zoho Founder Takes A Dig At DocuSign's 'Overpriced' Model

India, Feb. 24 -- Zoho cofounder Sridhar Vembu has taken a dig at San Francisco-based electronic signature and agreement management software company DocuSign, saying that it is selling "overpriced" en... Read More