Technology
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Cornerstone Ventures to invest $200 million in emerging B2B enterprise tech firms
New Delhi: Leading venture capital firm Cornerstone Ventures on Wednesday announced a $200 million fund for emerging B2B enterprise tech opportunities across software platforms and marketplaces. With its second fund, Mumbai-based Cornerstone…
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India leads Web3 adoption globally with over 1,000 startups: Report
New Delhi: India now has one of the largest Web3 ecosystems in the world, with more than 1,000 startups and over 35 million traders, a new report showed on Tuesday. The country’s…
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PayU partners PayPal to improve cross-border payments for Indian merchants
New Delhi: Leading online payment solutions provider PayU on Tuesday announced its partnership with the US-based fintech company PayPal to enhance the cross-border payment experience for Indian merchants. Through this partnership, the…
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EV firm Ultraviolette unveils industry-1st coverage up to 8 lakh kms for F77 e-bike
Bengaluru: Global EV company Ultraviolette Automotive on Tuesday announced an industry-leading battery and drivetrain warranty structure for its flagship electric motorcycle called F77 that offers coverage spanning up to 800,000 kms. The…
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Bajaj Allianz Life introduces premium payment options on WhatsApp
New Delhi: Bajaj Allianz Life Insurance on Tuesday said that it partnered with Meta to introduce premium payment options on WhatsApp for customers to seamlessly manage their policies and payments all in…
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Tesla’s entry in India a natural progression: Elon Musk
New Delhi: The entry of Tesla in India, as the company scouts for factory land, will be a natural progression, its CEO Elon Musk has said, as the country gears up for…
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51pc Indians use words, phrases from languages that are untranslatable to English: Report
New Delhi: Over half of urban Indians (about 51 per cent) use words or phrases from specific regional languages to express love language or in humorous or witty situations, which cannot be…
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Freo achieves profitability, records Rs 350 cr revenue in FY24
New Delhi: Digital banking platform Freo on Monday said it has achieved profitability and reported gross revenue of Rs 350 crore for FY24. The company mentioned that it has been profitable for…
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MakeMyTrip now accessible globally, expands its reach to over 150 countries
New Delhi: Adding another significant milestone in its over two-decade-long journey, online travel company MakeMyTrip on Monday said that it is now accessible globally. Previously operational in India, the US, and the…
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Access X platform via VPN apps, Musk tells Brazilian users
New Delhi: Amid an ongoing tussle between Elon Musk and the top Brazilian judiciary over blocking some X accounts, the tech billionaire on Monday asked users in the country to access the…
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India’s EV landscape set to be transformed with key govt initiatives
New Delhi: The rise in EV battery manufacturing, alongside the ‘Make in India’ initiative, will lower manufacturing costs and boost EV sales in the country, according to industry experts. According to Liz…
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Mphasis partners AWS to launch Gen AI Foundry for financial services
New Delhi: Information Technology (IT) solutions provider Mphasis on Friday announced a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to launch Gen AI Foundry for financial services. According…
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Tesla to showcase a ‘robotaxi’ on August 8: Elon Musk
San Francisco: Elon Musk on Saturday said that his electric car company Tesla will unveil its robotaxi on August 8. In a post on his social media platform X, the billionaire said:…
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LG Electronics reports 11 pc decline in Q1 profit as costs rise
Seoul: LG Electronics said on Friday that its operating profit for the first quarter of this year fell more than 10 per cent from a year earlier, due to rising costs and…
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3 in 4 feature phone users in India consider switching to smartphones: Study
New Delhi: While feature phones remain a lifeline for many people in India, about three in four users have expressed interest in switching to smartphones, a new study revealed on Friday. According…