Page 23 - Tech Top News Today

Well soon meet in your inbox. Please wait... The move is aimed at expanding the reach of these services to more users and reducing settlement risks, RBI governor Shaktikanta Das said on Wednesday. “It is now proposed to enable non-bank PSOs like PPI issuers, card networks, white label ATM operators and Trade Receivables Discounting System (TReDS) platforms regulated by RBI, to take direct membership in CPSs. This facility is expected to minimise settlement risk in the financial system and enh...

Well soon meet in your inbox. Please wait... Existing investors DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group, and Sofina also participated in the new round, while Insight Partner is the new entrant to Creds cap table. "Im very happy to share that three months after our Series C, continued interest from leading institutional investors has resulted in us closing a Series D," Shah said in the note, reviewed by ET. "While valuation is a milestone that many cel...

Well soon meet in your inbox. Please wait... “We are proud of our team for their incredible achievements during the pandemic while working remotely for an entire year. The effort translated into a successful Series B to help take the brand to new heights in 2021 and beyond,” said co-founder and CEO Vivek Goyal. “With screen time for children ages 4 to 9 averaging as high as five hours per day, we have a responsibility to help kids develop their early-learning skills in this digital age. ...

Demand for tech talent from captives grew 22% in second half of FY21: Quess SECTIONS Last Updated: Apr 06, 2021, 05:32 PM IST Share Synopsis Banking and financial services, technology services and consulting, auto and engineering and have significantly contributed to the demand from the captive centres. Getty Images Demand for technology skills among captives or global development centres in India has grown 22% during the second half of this last financial year, said staffing and business solut...

BPM firms see higher demand from healthcare segment with Covid-19 vaccination SECTIONS Share Synopsis Companies such as Genpact, Startek, HGS, WNS and others are seeing a growth in new deals and increase in business from existing clients with demand rising for services Business process management (BPM) companies see higher demand from the healthcare segment with roll-out of vaccination programmes across the US, the UK and other markets, and increased testing for Covid-19. Companies such as Genp...

Startups end FY21 on a high note as fund flows top in Q4 SECTIONS Share Synopsis Startup funding in Q4 FY21 stood at $3.65 billion, a tenth higher than the year-ago period when fundraising stood at $3.22 billion. The surge was led by unicorns Byjus, Dream11, Udaan and Zomato. ETtech The buoyancy in the last quarter of the fiscal contrasts sharply with the decline in annual risk capital inflow during a year hit hard by the pandemic. (Illustration: Rahul Awasthi/ETtech) Bengaluru: A series of lar...

Indian IT likely to post best Q4 results in five years, attrition a concern SECTIONS Share Synopsis While Tata Consultancy Services Ltd. (TCS), the country’s largest technology services firm by revenue, will kick off the Q4 results season on April 12. Infosys’ on April 14 and Wipro on April 15 will follow. Getty Images Bengaluru: Indian IT services firms are expected to report their best fourth-quarter results in five years, analysts said, as business from clients in the US and Europe grew ...

Well soon meet in your inbox. Please wait... Gandhi has been made the head of Middle East, North Africa, Turkey and South Asia. The restructuring is in line with the impending initial public offering (IPO) of TikTok Global in October this year. The share sale would allow retained employees to redeem their employee stock ownership plans, or ESOPs. ByteDance did not respond to an email seeking comment till the time of publishing this story. “Gandhi and some employees that work with the technolo...

Move over Alexa and Siri, Hey Umang to deliver govt services through voice commands soon SECTIONS Share Synopsis These kinds of queries will soon be answered via voice-based commands on the government’s master app platform Umang. Getty Images What is the status of my passport renewal? What is the balance in my PF account? Where is B+ blood group available? How to link Aadhaar and PAN card? These kinds of queries will soon be answered via voice-based commands on the government’s master app p...

Well soon meet in your inbox. Please wait... WazirX will not charge its customers for creating and listing NFTs on the platform, the company said in a statement. However, since NFT builds on blockchains that allow smart contracts, a gas fee is paid to the miners in respective currencies. This cost is against the computer power used to verify the transactions. WazirX is currently working towards nullifying this cost to make NFT minting cost-effective for artists and creators. For the uninitiated...