AI startup Tranzmeo gets pre-seed funding from state-run refiner
Tranzmeo IT Solutions Pvt. Ltd has raised pre-seed funding from Hindustan Petroleum Corporation Ltd (HPCL) for its artificial ....
Facebook India posts 40% rise in net profit, revenue up 52%
Facebook India recorded a 40% jump in its net profit to Rs 57 crore for the financial year 2017-18, from Rs 40.7 crore a year ....
IoT to generate revenues of over $11 bn in India by 2022: Report
With the potential to reach an estimated two billion connections in India, Internet of Things (IoT) is expected to fuel $11.1 ....
Baxi pivots to hyperlocal delivery as bike taxi biz turns unviable
Gurugram-based startup Baxi has pivoted from employing full-time bike taxi riders to hyperlocal delivery of milk and other daily ....
Amazon’s wholesale arm sees revenue surge, losses widen in FY18
Amazon Wholesale India Pvt. Ltd, the wholesale business-to-business arm of e-commerce giant Amazon, has seen its operating revenue ....
Flashback 2018: Flipkart steals the show as e-commerce dominates M&A; activity
When it comes to M&A deals, Flipkart undoubtedly stands out as the Indian startup ecosystem’s greatest success -- not ....
Apple shares customer data with Indian govt on request: Report
Tech giant Apple Inc. has shared the data of its Indian customers at the request of the government, The Economic Times reported ....
PayU India revenue for FY18 almost doubles
Naspers-owned PayU Payments Pvt. Ltd almost doubled its revenue to Rs 588 crore for the financial year ended March 2018, according ....
Delhivery FY18 loss widens on higher costs, revenue jumps
Gurugram-based logistics company Delhivery Pvt. Ltd has reported a 38% rise in operating revenue for the year through March 2018, ....
Flashback 2018: Fuelled by enormous investor appetite, food-tech finds its mojo
The events of the past year have made it amply clear that food-tech is certainly not a winner-takes-all business. Four heavily-funded ....
Flashback 2018: Cloud's popularity soars but policy challenges are on the horizon
Cloud computing has been among the biggest talking points in technology this year, as large Indian enterprises embarked on digital ....
Why India’s IT firms should huddle up for the future
At the National Association of Software and Service Companies (Nasscom), members unilaterally support efforts towards addressing ....
Why pre-emption is better than cure for staving off angel tax woes
As everyone else awaits presents from Santa Claus during this season of cheer, Indian entrepreneurs are bracing for something ....