Adani Group eyes e-commerce expansion, entry into India’s digital payments market: Report
Adani Group, the Indian business conglomerate helmed by Gautam Adani — India’s 2nd richest — is now setting its sights on a significant slice of...
Elon Musk’s xAI raises staggering $6Bn from a16z, Sequoia, others
The race for dominance in AI has reached a fever pitch. Elon Musk’s xAI startup, founded last year, has now secured a total of massive...
Flipkart secures $350Mn investment from Google
Google has invested approximately $350 million in Walmart-owned Indian e-commerce giant Flipkart as part of the company’s ongoing $1 billion funding round. This move marks...
Go Air bankruptcy leads EaseMyTrip’s ₹15 crore loss in Q4 FY24
EaseMyTrip, Indian online travel booking competitor to Nasdaq listed MakeMyTrip, recently released its financial results for the fourth quarter (Q4) of FY24 (fiscal year ending...
Portl, which makes a 4K ‘smart mirror’ for exercising and fitness, raises $3Mn in fresh round
While fitness tech has been on the rise for well over a decade now, COVID certainly accelerated that push. With the catastrophe that it brought...
YouTube Music to now integrate with Google’s Gemini AI
Google’s AI assistant, Gemini, has seen rapid integrations with a host of flagship Google products, such as Workspace, search and more. This integration, as Google...
Bing and Copilot were down, affecting search services worldwide, now restored
Microsoft’s Bing Search engine and several associated services, including ChatGPT’s web version, experienced a significant outage on Thursday, May 23, wherein a technical malfunction caused...
Oyo withdraws IPO papers again, aims to raise money via bonds, equity financing in a down round
Indian budget hotel aggregator Oyo has withdrawn its initial public offering (IPO) papers for the second time in nearly three years, according to recent regulatory...
Regulatory action impacts Paytm financials, reports widened loss at ₹550 crore, Q-o-Q revenue drops 20%
Digital payments giant Paytm, which perhaps endured one of its most difficult business quarters since its public market debut due to regulatory concerns, has reflected...
SpaceX’s Starlink showcases first satellite direct-to-cell video call
Elon Musk’s SpaceX has been making rapid strides on its Starlink service, and had just added yet another significant feat to that list. The space...