IndiaMART profit increases by 37% to INR 100 CR in Q1 FY25
A prominent online B2B marketplace in India, IndiaMART InterMESH, has released remarkable financial statistics for Q1 FY25, the first quarter...
FirstCry to file for $3-3.5 Bn IPO this week
Leading company in the newborn and mother care goods market, FirstCry, is about to take a big step forward with...
Ride-hailing platform Rapido becomes a unicorn following $120 Mn funding
Following a $120 million Series E fundraising round, Rapido, the bike taxi service startup supported by Swiggy, achieved unicorn status,...
MapMyIndia alleges data theft and unfair practices by Ola to develop Ola Maps
The recent legal confrontation between CE Info Systems, the parent company of MapMyIndia, and Ola Electric has garnered significant attention....
Vijay Shekhar, Zoya, Farhan Akhtar to not sell their Ola Electric shares in upcoming IPO
A decision that could have a significant effect on the Indian electric vehicle (EV) market is that prominent investors Vijay...
Ola Electric prices IPO at Rs 72-76 per share
With its impending initial public offering (IPO), Ola Electric Mobility Ltd., a well-known electric scooter maker in Bengaluru, is poised...
WazirX decides to distribute losses of $230 Mn from recent breach among customers
The well-known cryptocurrency exchange platform WazirX recently made public a thorough plan for recovering lost funds following a large-scale cyberattack...
Weekly Business News: From Union budget highlights to Magicpin’s 100 Cr investment
Leading hyperlocal online retailer Magicpin announced that it will invest a substantial Rs 100 crore over the next three months....
Major tech updates this week; from SearchGPT to Meta’s Llama
SearchGPT OpenAI's recent unveiling of SearchGPT marks a significant moment in the competitive world of search engines. Aiming to rival...
New AI models achieve silver medal level in International Math Olympiad problems, misses top spot by one point
The development of artificial general intelligence (AGI) with advanced mathematical reasoning capabilities promises to revolutionize science and technology. Two groundbreaking...