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#india
2356 articles found
· 18 days ago· ET Tech
Mobikwik gets central bank nod for non-banking financial company licence
Fintech firm One MobiKwik Systems has secured approval from the Reserve Bank of India for a non-banking financial company (NBFC) license. This allows the company to launch a lending arm, Mobikwik Financial Services, expanding its regulated credit offerings to consumers and small businesses, particul
· 18 days ago· ET Tech
Come back home: Zoho founder Sridhar Vembu urges Indian talent in US to return
Zoho founder Sridhar Vembu calls for Indian professionals in the US to return home. He emphasizes that India's global respect and prosperity depend on its technological strength. Vembu believes this talent is crucial for guiding India's youth towards a prosperous future. He urges a missionary zeal f
· 18 days ago· YourStory
Capital-A raises Rs 160 Cr in first close of Fund II
The fund, which focuses on manufacturing startups, is targeting a total base corpus of Rs 300 crore, with a greenshoe option to selectively upsize to Rs 400 crore.
· 18 days ago· ET Tech
Amazon to expand quick comm network to 1,000 stores across 100 cities
Amazon Now is rapidly expanding its quick commerce services to 100 Indian cities, boosting its micro-fulfillment centers to over 1,000. This strategic move, backed by a significant investment, aims to enhance delivery speed and selection, directly competing with rivals in the fast-paced online groce
· 18 days ago· ET Tech
Kissht to launch Rs 926 crore IPO on April 30; targets Rs 3,026 crore valuation
Digital lending platform Kissht is preparing for its initial public offering. The IPO is scheduled to launch on April 30. Kissht aims to raise Rs 926 crore through this offering. The company has set a price band of Rs 162 to Rs 171 per share.
· 18 days ago· ET Tech
Iran war disrupts the circuit board supply chain, raises costs for tech firms
Global electronics face rising costs as Middle East conflict disrupts key material supplies. Printed circuit board prices have surged, impacting everything from smartphones to AI servers. Manufacturers are scrambling for components, anticipating further price hikes due to strong demand and limited a
· 18 days ago· ET Tech
Acko to make confidential filing for $250 million IPO; targets around $2.5 billion valuation: sources
Digital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2.5 billion, according to people familiar with the matter. Appointing top investment banks, the company plans to file its prospectus by June. Acko, founded by Varu
· 18 days ago· Livemint Technology
From foldable iPhone to AI glasses, Apple's new CEO is preparing an aggressive 10-product launch cycle: Report
John Ternus will become Apple's CEO on September 1, inheriting a robust hardware pipeline and is expected to launch around 10 new product categories, including a foldable iPhone, smart home devices, and augmented reality glasses in the coming years.
· 18 days ago· Livemint Technology
Former Meta executive warns ‘nothing would ever be the same’, builds AI tools to help Gen Z find work
Former Meta Business AI Head Clara Shih has noted that we are currently in the worst entry level job market in 37 years. She has created the New Work Foundation to help offer tools which help them navigate a workforce increasingly influenced by AI.
· 18 days ago· ET Tech
Capital-A secures first close of Rs 160 crore for Fund II; bets on manufacturing, deeptech
The first close was anchored largely by domestic investors such as Srikar Reddy of Sonata Software, Siddharth Bafna of Lodha & Co; Sekhar Boddu, a former Amazon technology director; Chamaria Group, Steel House Family Office, Avyay Jhunjhunwala,founder of Enzo Developers, family office of Vijayalaksh
· 18 days ago· ET Tech
Platforms, brands accelerate agentic commerce push as fintechs plug payment gaps
Indian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomously on platforms like ChatGPT. Fintechs have enabled payments, paving the way for automated searching, ordering, and payment. Brands are preparing for this future,
· 18 days ago· ET Tech
HCL-Foxconn selects CTCI as EPC partner for Uttar Pradesh semiconductor facility
The HCL-Foxconn joint venture has appointed Taiwanese firm CTCI as the EPC partner for its upcoming semiconductor assembly and testing facility in Uttar Pradesh. This Rs 3,706 crore OSAT plant will manufacture display driver chips, marking CTCI's entry into India's semiconductor sector. CTCI's exist
