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Lenskart

Lenskart nears $500Mn investment from Abu Dhabi’s sovereign wealth fund, ADIA

India’s Lenskart, which is eyeing to become one of the largest eyewear…

Meta employees brace for more layoffs

Meta, the parent company of popular social media platforms Facebook, Instagram, and…

Softbank looks to list British chipmaker Arm in the US to raise $8Bn: Reuters

With the economic climate heading towards recession in most parts of the…

Reserve Bank of India fines Amazon Pay

Indian business of Amazon Pay – the UPI-based digital payment system run…

Alphabet’s moonshots impacted in fresh layoffs, 137 employees laid off in Waymo

Instances of layoffs have been increasingly frequent over the past months, as…
Delhivery

SoftBank reportedly sells ₹600 crores worth of Delhivery shares, offloads 3.8% stake

SoftBank has been, in recent times, looking to wind down its investments…

Meta forms a new AI product team

Swift popularity of ChatGPT has opened the floodgates for multiple tech companies…

Ola signs MoU with Tamil Nadu govt, to invest ₹76.1 billion to build world’s largest EV hub

With the rapid push for the electrification of vehicles, the onus is…

Uber to buy 25K EVs in India from Tata Motors for its electric cab fleet

Recent times have seen the ride-hailing industry jump the EV wagon, with…
Tencent

Tencent says reports of shutting down XR business untrue, says it is making personnel adjustments

Following a media report that it was eliminating roles across its “extended…

Epic Games files appeal against Google in India for alleged non-compliance of anti-trust order

It seems Google’s recent Android setback in India, perhaps was just the…

InsuranceDekho nabs $150Mn from Goldman Sachs, TVS Capital, plans expansion in Tier 3/4 towns across India

At a time when the funding winter has made it difficult for…

Drone upstart Garuda Aerospace gets $22Mn in Series A

With the promising future of the Indian drone industry, it is unsurprising…
Yahoo

Yahoo to layoff nearly 20% of its workforce as part of adtech unit restructuring

As advertisers continue to pull back on spending and pare back their…
Zomato

Zomato clocks 75% rise in revenue for Q3 FY23, net loss widens to ₹347 crore

Zomato’s shares rose slightly (to ₹54.60 per share) on Thursday as the…

Indian government to take up equity in Vodafone Idea against nearly $2B worth of dues

In a relief to Vodafone Idea, the telecom operator that has fallen…

Apple misses expectations on revenue, profits led by iPhone sales decline in Q1 2023

Apple’s financial performance for the first quarter of the year seems to…
Reliance

Reliance to accept India’s CBDC as payment option across retail stores

The fag end of the previous year saw the Reserve Bank of…