Technology Angel One Confirms Data Breach, Assures Client Account Security by Ankit Dubey March 1, 2025 March 1, 2025 Angel One, a leading Indian stockbroking firm, has confirmed a data breach after unauthorized access to its Amazon Web Services (AWS) resources. The company discovered the breach through its dark-web …
Startups Insights India Begins Exporting Apple Components to China, Vietnam by Ankit Dubey March 1, 2025 March 1, 2025 India has officially begun exporting Apple components to China and Vietnam, marking a significant milestone in the country’s efforts to become a global electronics manufacturing hub. Key Apple suppliers, including …
Startups Insights GalaxEye partners with Impulso.Space for Drishti mission launch by Ankit Dubey March 1, 2025 March 1, 2025 GalaxEye, a Bengaluru-based SpaceTech startup, has partnered with Florida-based Impulso.Space to accelerate the Drishti mission launch. This collaboration is a major milestone in India’s growing space industry, strengthening GalaxEye’s satellite …
Startups Insights Ola Electric Restructures Distribution Network to Boost Profitability by Ankit Dubey February 28, 2025 February 28, 2025 Ola Electric has taken a strategic step to enhance its profitability by revamping its distribution network. The EV giant has shut down all regional warehouses across India and will now …
Startups Insights India Launches Aadhaar Good Governance Portal: Key Features by Ankit Dubey February 28, 2025 February 28, 2025 The Ministry of Electronics and Information Technology (MeitY) has launched the Aadhaar Good Governance Portal to streamline the approval process for Aadhaar authentication requests. The move aims to enhance transparency, …
Startups Insights Nazara witnessed Q3 profit drop upto 50% to ₹13.7 crore by Ankit Dubey February 14, 2025 February 14, 2025 Nazara Technologies, a prominent gaming and sports media company, reported a significant decline in its net profit for the third quarter of FY25. The company witnessed a 53.7% drop in …
BusinessStartupsStartups InsightsTechnology PhonePe Opts to Exit the Account Aggregator Business by Ankit Dubey February 8, 2025 February 8, 2025 PhonePe, one of India’s largest digital payment platforms, has decided to exit the Account Aggregator (AA) business. The company had ventured into the AA space in June 2023 to accelerate …
Technology RBI Introduces Exclusive Domains ‘bank.in’ and ‘fin.in’ to Strengthen Cybersecurity in Banking by Arti Singh February 8, 2025 February 8, 2025 In a significant move to enhance cybersecurity and combat digital fraud, the Reserve Bank of India (RBI) has announced the launch of exclusive internet domains: ‘bank.in’ for Indian banks and …
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 …
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 …