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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 Byju's, 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 large financing rounds for some of India’s best-known startups has propelled the flow of risk capita...

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 at a fast clip. They will, at the same time, also report higher attrition rates due to a battle for ...

We'll 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 technology department have been moved to the GCC, Turkey and MENA region. Those who are being transferred h...

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 platform Umang. Liking this story? SUBSCRIBE We'll soon meet in your inbox. Please wait... Sensefor...

We'll 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, NFT is a one-of-its-kind asset that is non-fungible in nature. It means that NFT is not replaceab...