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The latest mark up in Swiggy's valuation comes as the Bengaluru-based food and grocery delivery company presses ahead with its planned $1 billion IPO.
Byju's AESL's CEO Deepak Mehrotra raised concerns about investor-driven behavior in edtech, emphasizing the inadequacy of digital tools for medical and engineering aspirants. He highlighted the need to address new learners' requirements and discussed industry challenges and his background.
South Korean President Yoon Suk Yeol announced a 9.4 trillion won investment in AI to strengthen semiconductor dominance, aiming to compete with US, China, Japan and lead in global system semiconductor market share by 2030.
Adopting Namma Yatri, Rapido model may help platforms bypass 5% GST on auto rides. Ola has released its subscription model over the last few weeks for its auto drivers in select markets. Uber has also launched the same in six markets.
Srinivas Pallia became the CEO of Wipro after Thierry Delaporte quit in a surprise move. Pallia said his immediate focus will be on supporting clients and stressed on "embracing bold ideas" and taking "calculated risks".