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 …
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, …
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 …
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 …
Business Global Capability Centres in India to Generate Over 4 Lakh Jobs in 2024 by Arti Singh February 7, 2025 February 7, 2025 India’s Global Capability Centres (GCCs) will create 4.25–4.5 lakh new jobs in 2024, strengthening the country’s role in global business operations. An NLB Services report projects 3.3 million professionals in …
BusinessStartupsStartups FundingStartups InsightsTechnology Bengaluru GenAI startup Origamis AI secures $500K funding by Ankit Dubey February 6, 2025 February 6, 2025 Origamis AI, a Bengaluru-based Generative AI (GenAI) startup, has successfully raised $500K funding. The seed $500K funding round was co-led by industry veterans Vikas Gautam and Naveen Agarwal, thereby providing …
BusinessStartupsStartups InsightsTechnology Bluesky: The fast-growing social platform attracting X users by Ankit Dubey February 6, 2025 February 6, 2025 Bluesky, a new social media platform, is quickly gaining traction among users of X, previously Twitter, due to its user-friendly, ad-free, and less controversial environment. Founded by Jack Dorsey, Bluesky …
BusinessStartupsStartups InsightsTechnology e& and DE-CIX partner to develop UAE-India internet corridor. by Ankit Dubey February 6, 2025 February 6, 2025 On February 5, 2025, e&, a leading global technology group, and DE-CIX, the world’s leading Internet Exchange (IX) operator, announced a groundbreaking partnership aimed at creating a robust Internet corridor …
BusinessStartupsStartups FundingStartups InsightsTechnology The Gaming Project secures $500K funding from FAAD by Ankit Dubey February 6, 2025 February 6, 2025 India’s first cloud gaming platform, The Gaming Project (TGP), has successfully raised $500K funding in seed funding. FAAD Network, Upsparks, BlackKite, and SucSEED Indovation Fund led the round, with additional …