StartupsStartups InsightsTechnology OpenAI Cofounder John Schulman Joins Ex-CTO Mira Murati’s New AI Venture by Arti Singh February 7, 2025 February 7, 2025 OpenAI cofounder John Schulman has joined former OpenAI CTO Mira Murati’s stealth startup, just five months after leaving Anthropic. The startup, yet to be officially named, has been making headlines …
StartupsStartups Insights Zerodha’s Nithin Kamath Explains SEBI’s New Algo Trading Rules: API Limits & Strategy Restrictions by Arti Singh February 7, 2025 February 7, 2025 The Securities and Exchange Board of India (SEBI) has introduced new regulations for retail traders using broker APIs for algorithmic trading. Zerodha’s co-founder, Nithin Kamath, recently shared insights on these …
BusinessTechnology Infosys Lays Off 700 Employees at Mysuru Campus Amid Workforce Restructuring by Arti Singh February 7, 2025 February 7, 2025 Infosys, one of India’s largest IT companies, has laid off approximately 700 employees at its Mysuru campus. These layoffs come just months after the affected employees were onboarded in October …
Technology Amazon Struggles to Meet Surging AI Demand, Following Microsoft’s Footsteps by Arti Singh February 7, 2025 February 7, 2025 Amazon is facing challenges in meeting the rising demand for AI-driven cloud computing, despite planning a US$100 billion investment in 2025. Amazon Web Services (AWS) is struggling with capacity constraints …
StartupsStartups Insights Zoho’s Sridhar Vembu Encourages Entrepreneurs to Tap into Rural Talent by Arti Singh February 7, 2025 February 7, 2025 In a recent discussion, Sridhar Vembu, CEO and co-founder of Zoho Corporation, emphasized the vast potential of rural India for entrepreneurial ventures. He highlighted that rural areas possess youthful demographics, …
StartupsStartups FundingStartups InsightsTechnology Nexus Venture Partners Invests $15M in Cognida.ai to Boost AI Adoption by Arti Singh February 7, 2025 February 7, 2025 Cognida.ai, a leader in enterprise AI solutions, has secured $15 million in a Series A funding round led by Nexus Venture Partners. The investment aims to accelerate AI adoption by …
BusinessStartupsStartups Insights Perfios Acquires Clari5 to Strengthen Fraud Detection Capabilities by Arti Singh February 7, 2025 February 7, 2025 Perfios, a leading B2B SaaS fintech company, has acquired CustomerXPs, the operator of the Clari5 fraud detection platform, to enhance its fraud management capabilities. The financial terms of the deal …
StartupsStartups FundingStartups Insights TrueFoundry Secures $19 Million to Develop a Universal AI Platform by Arti Singh February 7, 2025 February 7, 2025 TrueFoundry, an AI deployment and scaling platform, has raised $19 million in Series A funding, led by Intel Capital. Existing investors Eniac Ventures and Peak XV’s Surge participated alongside Jump …
BusinessStartupsStartups Insights Infibeam Avenues Hit with ₹32 Crore GST Penalty Notice by Arti Singh February 7, 2025 February 7, 2025 Infibeam Avenues Limited, a prominent Indian fintech company, has been issued a tax and penalty order totaling ₹32.01 crore Goods and Service Tax (GST). The order, dated January 27, 2025, …
BusinessStartups Insights ITC to Acquire Meatigo to Strengthen Its D2C Food Business by Arti Singh February 7, 2025 February 7, 2025 In a strategic move to enhance its direct-to-consumer (D2C) food offerings, ITC Limited has announced the acquisition of the ‘Prasuma’ and ‘Meatigo’ brands. This acquisition aims to bolster ITC a …