Page 9 - Data Science For News Today

Piyush Gupta is a managing director at Peak XV Partners, based out of Singapore. While he is not directly involved in making investments for the fund, he led the team which helped the firms portfolio companies in several aspects including fundraising, mergers and acquisitions.

Honasa Consumers The Derma Co achieved Rs 500 crore ARR, competing with Minimalist and Plum. Profitable in FY24 Q1-3, it surpassed Rs 350 crore in June-quarter FY24.

Siemens global CEO Roland Busch said that the Indian government is ‘doing the right things and improving infrastructure in areas like logistics and communication.

The Reserve Bank of India (RBI) in late January had ordered Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets from March, citing supervisory concerns and persistent non-compliance with rules.

Besides internal usage, Cognizant will work to deploy Microsoft 365 Copilot to a million users within their global 2000 clients and across 11 industries.

Fintech attracted investor attention in the country though marked by smaller deal sizes with key transactions such as KreditBee ($209 million), SK Finance ($160 million), and Perfios ($80 million).

India is the tech powerhouse of the world, known for its engineering prowess. But can the widespread adoption of AI, which will lead to significant automation, dent Indias talent edge? Annapurna Roy and Beena Parmar report.

​​India is number one in the world in terms of relative AI skill penetration, and is in the top four globally when it comes to relative AI hiring rate.

The platform fee, which is a per-order flat charge, has been hiked in Zomatos main markets like National Capital Region, Bengaluru, Mumbai, Hyderabad and Lucknow. Sources said Zomato services 2.0-2.2 million orders per day, and a Re 1 increase for a large order base could add substantially to the companys earnings over a quarter.

The tech sector is a key driver of Israels economy, accounting for close to 20% of output, 12% of jobs, more than 50% of exports and 25% of tax income.