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Delhivery Allots 1.48 Lakh Under ESOP Scheme

India, March 4 -- Listed logistics service provider Delhivery's board has approved an allotment of 1.48 Lakh equity shares under its existing employee stock option plan (ESOP). As per the company's r... Read More


Tech Mahindra Announces LLM For Telecom Operators

India, March 4 -- IT services giant Tech Mahindra has announced a new multimodal large language model (LLM) for telecom operators. Developed on top of NVIDIA AI Enterprise software and AWS cloud infr... Read More


AWS Discusses $8.3 Bn Maharashtra Investment Plan With Ashwini Vaishnaw: Report

India, March 4 -- A month after it was reported that Amazon Web Services (AWS) is planning to invest $8.3 Bn in cloud infrastructure across Maharashtra to further expand its cloud capacity in India, t... Read More


Micro Investing Startup Deciml Nets $3 Mn To Boost Product Offerings

India, March 4 -- Micro-investing platform Deciml has raised $3 Mn (around INR 25 Cr) in its seed funding round led by Jainam Broking Limited. The startup plans to utilise the fresh funds to accelera... Read More


Jio Platforms, AMD, Cisco & Nokia Join Hands To Launch AI Platform For Telcos

India, March 4 -- Jio Platforms Limited (JPL) has partnered with chipmaker AMD and original equipment manufacturers (OEMs) Nokia and Cisco to build an open-source AI platform for telcos. Announcing t... Read More


Kissht Cofounders' AI Debt Resolution Platform Bags $3.5 Mn Led By 3one4 Capital

India, March 4 -- Digital lending startup Kissht's cofounders Karan Mehta and Sonali Jindal have stepped down from their positions to launch an AI-powered debt resolution platform for banks and non-ba... Read More


UptimeAI Bags Funding From ABB Motion To Optimise Its AI Suite

India, March 4 -- Artificial intelligence (AI) startup UptimeAI has raised an undisclosed amount of investment from the venture arm of Switzerland-based ABB Motion. In a statement, ABB said that the ... Read More


PB Fintech CEO Yashish Dahiya Settles Insider Trading Case With SEBI

India, March 4 -- About a year after the Securities and Exchange Board of India (SEBI) issued a show cause notice to PB Fintech CEO and cofounder Yashish Dahiya over alleged insider trading, he has se... Read More


India Tipped To Become Second Biggest Market For ManageEngine: Zoho Exec

India, March 4 -- SaaS giant Zoho expects India to become the second largest market for its enterprise IT management solution ManageEngine by next year. "India is one of the fast growing markets for ... Read More


M2P Fintech's FY24 Loss Stagnant At INR 133 Cr

India, March 4 -- After seeing a 3X year-on-year (YoY) jump in its net loss in the financial year ended March 2023 (FY23), B2B fintech startup M2P Fintech's loss stayed flat in FY24. The startup poste... Read More