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Five-year-old ZopSmart is a bootstrapped venture that provides tools to build e-commerce businesses, omnichannel businesses and digital commerce for conventional retailers. It provides services across geographies from Singapore to Japan, Europe, and the US in addition to India.
Genpact is applying an ‘output robustness test to ensure its AI-generated output complies with fairness and legal frameworks. Wipro has adopted a ‘privacy and equity by design approach and looks out for possible bias not only in preparing datasets but at further points in the AI lifecycle.
D-Day is here! In a virtual meet today, the jury of the Economic Time Startup Awards 2023 will reveal the brightest stars in Indias startup galaxy. This and more in todays ETtech Morning Dispatch.
Temasek-backed Vertex Ventures has raised $541 million to mark the final close of its Fund V, which will also focus on investing in women-led startups.
ETSA this year comes at a time when the technology industry faces multiple headwinds. The volatility in valuations of publicly listed tech companies, which began in the US in late 2021, has continued to spill over into the private markets. Indian startups, too, have felt this turbulence, with several of them getting valuation markdowns as increasingly cautious investors hedge their bets.