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Home > Articles
Launching a $50 million fund to support entrepreneurs using AI is Good Capital-thumnail

Launching a $50 million fund to support entrepreneurs using AI is Good Capital

Good Capital, a seed-stage, India-focused venture capital firm, on Friday, unveiled a new $50 million fund to support founders who are utilizing Artificial Intelligence for marketing, customer service, or business operations.

Artificial Intelligence

Jun 30, 2023

Chinese telecom giant ZTE to supply Rs. 200 cr worth of gear to Vodafone idea-thumnail

Chinese telecom giant ZTE to supply Rs. 200 cr worth of gear to Vodafone idea

Chinese telecom giant ZTE, which reportedly received government approval, has been granted the opportunity to supply Vodafone Idea (Vi) with optical transmission equipment worth over Rs 200 crore for an extensive network upgrade project.

News

Jun 30, 2023

Reliance Capital lenders approve the acquisition proposal by Hinduja Group-thumnail

Reliance Capital lenders approve the acquisition proposal by Hinduja Group

Astonishingly, lenders could potentially recover an impressive sum of over ₹10,000 crores, accounting for approximately 40% of verified claims, under the proposal presented by none other than IndusInd International Holdings Ltd (IIHL) of Hinduja Group.

Business

Jun 30, 2023

Linda Yaccarino, Twitter’s new CEO, settles into the spotlight-thumnail

Linda Yaccarino, Twitter’s new CEO, settles into the spotlight

According to four persons with knowledge of the conversations, Linda Yaccarino, 60, has spoken with several of Twitter’s advertisers about objectionable content on the website. She hasn’t, however, gone out and actively haggled with advertisers to raise Twitter’s earnings.

Industry

Jun 30, 2023

Upgrad in talks to acquire US-based ed-tech company Udacity at around $100 mn valuation-thumnail

Upgrad in talks to acquire US-based ed-tech company Udacity at around $100 mn valuation

Upgrad has already made ten acquisitions, including Wolves India and Rekrut India, within the span of two years (2020-2022). The company raised $36.4 million through a rights issue in March 2023 from investors like Temasek and Screwvala. In June 2022, Upgrad secured $225 million in a new funding round, valuing the company at $2.25 billion. 

News

Jun 30, 2023

As Microsoft defends its $69 billion Activision merger, the future of a record tech sector alliance rests with the court-thumnail

As Microsoft defends its $69 billion Activision merger, the future of a record tech sector alliance rests with the court

Federal antitrust officials have filed a lawsuit to stop the $69 billion deal, which they claim will hurt Microsoft’s competition with rivals in the game sector like Sony and Nintendo.

A federal judge must now determine whether to block Microsoft from consummating its acquisition of the video game company Activision Blizzard, which could be the most expensive merger in the history of the technology sector.

Business

Jun 30, 2023

Journey of Genpact Company: Origins, Early Years, Success, and Business Model-thumnail

Journey of Genpact Company: Origins, Early Years, Success, and Business Model

Genpact is a multinational business service company based in the United States. It offers digital transformation services such as digital core, digital analytics, and artificial intelligence. It was registered in

Industry

Jun 29, 2023

Accounting Watchdog Fines PwC and KPMG for Audit Failings in Eddie Stobart Logistics-thumnail

Accounting Watchdog Fines PwC and KPMG for Audit Failings in Eddie Stobart Logistics

In a recent announcement, the Financial Reporting Council (FRC), Britain’s accounting watchdog, revealed that it had fined two of the world’s leading auditors, PwC and KPMG, for serious lapses in their auditing of Eddie Stobart Logistics (ESL) company during the years 2017 and 2018.

News

Jun 29, 2023

Ajay Banga, President of the World Bank, has been chosen to the list of Great Immigrants for 2023-thumnail

Ajay Banga, President of the World Bank, has been chosen to the list of Great Immigrants for 2023

Ajay Banga, 63, is expected to usher in transformative policies at the World Bank to battle poverty and address climate change, opening up chances for people all across the world,

News

Jun 29, 2023

P&G India would invest 2,000 crore to establish an export hub in Gujarat-thumnail

P&G India would invest 2,000 crore to establish an export hub in Gujarat

Procter & Gamble India will invest 2,000 crore to build a new personal healthcare manufacturing facility in Gujarat, which would serve as the company’s export hub. The plant will employ

News

Jun 29, 2023

TalentSprint, which is owned by the NSE Academy, earns Rs 100 crore in income in FY23-thumnail

TalentSprint, which is owned by the NSE Academy, earns Rs 100 crore in income in FY23

TalentSprint, an ed-tech startup, was bought in November 2020 by NSE Academy, a wholly-owned subsidiary of the National Stock Exchange. Since the acquisition, the Hyderabad-based company has performed admirably, surpassing the Rs 100 crore revenue mark in FY23.

Business

Jun 29, 2023

According to Microsoft CEO Satya Nadella, exclusive Activision games make no strategic sense-thumnail

According to Microsoft CEO Satya Nadella, exclusive Activision games make no strategic sense

On Wednesday, Microsoft CEO Satya Nadella said that keeping Activision games exclusive would “make no strategic sense” in response to antitrust worries that a proposed $69 billion merger of the two companies would unjustly consolidate power.

Business

Jun 29, 2023


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