As the echoes of record-breaking investments faded, the Indian tech startup ecosystem found itself ensnared in an unanticipated funding winter as 2023 unfolded. Tracxn’s “Annual Report: India Tech 2023” revealed a stark reality – a 72% decline in funding compared…
Zomato, the popular Indian food delivery company, has found itself embroiled in controversy following a recent wave of layoffs in its Indore branch. The decision has sparked outrage among employees, with many taking to social media to express their anger…
In a significant legal development, the Supreme Court has declined to grant a stay on the Allahabad High Court’s order allowing the survey of the Mathura Idgah complex. The decision follows a plea seeking a halt to the survey, which…
Motorola’s Ambitious Export Plans Motorola, the smartphone brand under Lenovo’s ownership, has set ambitious plans to double its smartphone exports from India in the upcoming year by significantly increasing shipments to North America. Prashant Mani, the Executive Director for Asia…
Exponent Energy, a Bengaluru-based energy tech startup specialising in rapid 15-minute charging for electric vehicles (EVs), has successfully secured INR 220 Crores (approximately $26.4 million) in its Series B funding round. The funding, led by Eight Roads Ventures—a Fidelity-backed venture…
In a surprising twist that blends technology with history, the highly anticipated cage fight between tech moguls Elon Musk and Mark Zuckerberg is set to unfold in Italy, paying homage to the splendor of ancient Rome. The grand spectacle will…
Bidso, an innovative technology-driven product procurement platform, has successfully raised $1.5 million (approximately Rs 12.4 crore) in a recent funding round, spearheaded by PeerCapital. The funding endeavor garnered significant participation from DeVC and a consortium of notable angel investors including…
In a move that further solidifies Elon Musk‘s imprint on the micro-blogging giant Twitter, now rebranded as ‘X’, a groundbreaking ad revenue sharing initiative has been launched, specifically aimed at Indian content creators. The initiative has been met with an…
In a significant stride towards safeguarding digital privacy, the Lok Sabha, India’s lower house of Parliament, has unanimously approved the Digital Personal Data Protection Bill 2023. The legislation, introduced by Union IT Minister Ashwini Vaishnaw, aims to establish a robust…
Chennai, AUG 7, 2023 – iAngels, backed by India Accelerator (IA), has unveiled its Chennai Chapter, a strategic move aimed at nurturing and propelling the burgeoning startup ecosystem in the Southern region of India. The launch is poised to catalyze…