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Ankush Aggarwal, CBO of Ola Electric, has joined Ola Financial Services as its CEO.-thumnail

Ankush Aggarwal, CBO of Ola Electric, has joined Ola Financial Services as its CEO.

Aggarwal is a member of the senior leadership team, which is internally referred to as the ‘CXO team’. Aggarwal is expected to take on several tasks within Ola Cabs, similar

Business

May 14, 2024

Bimapay Raises $2 Million to Offer Tech-Based Insurance Solutions-thumnail

Bimapay Raises $2 Million to Offer Tech-Based Insurance Solutions

The money will allow the business to grow its footprints in the financial inclusion and insurance ecosystems by utilizing technology. BimaPay, founded by Hanut Mehta, Mohit Gupta, and Mufin Group’s

Business

May 14, 2024

Highperformer.AI Provides a $3.5 Million Boost to B2B Marketing with AI-thumnail

Highperformer.AI Provides a $3.5 Million Boost to B2B Marketing with AI

Former Freshworks executives led Highperformer.AI received extra financing in a seed funding round headed by Venture Highway, with participation from Neon, DeVC, and other angel investors. Highperformr for Teams, the

Business

May 14, 2024

OpenAI Unveils Major Upgrades to its Conversational AI Models-thumnail

OpenAI Unveils Major Upgrades to its Conversational AI Models

In a significant development for the field of artificial intelligence, OpenAI has announced a host of new capabilities and applications for its conversational AI models. The research organization revealed upgrades

Business

May 14, 2024

Wholesale Inflation Hits 13-Month High in April-thumnail

Wholesale Inflation Hits 13-Month High in April

India’s wholesale inflation saw an uptick in April, rising to a 13-month high of 1.26% and marking the sixth consecutive month of year-on-year price increases. The rise was driven primarily

Business

May 14, 2024

Delivery Hero Signs $1.25 Billion Deal with Uber for Foodpanda Taiwan Sale and Investment-thumnail

Delivery Hero Signs $1.25 Billion Deal with Uber for Foodpanda Taiwan Sale and Investment

Uber will spend $900 million in cash to acquire Foodpanda’s operations in Taiwan. Delivery Hero will issue 8.42 million extra shares, which Uber has agreed to buy for $300 million.

Business

May 14, 2024

Zomato Shares Take a Dip but Analysts Remain Bullish -thumnail

Zomato Shares Take a Dip but Analysts Remain Bullish 

While it was a day of losses for Zomato shares on Tuesday, falling as much as 6% to Rs 182.10, several leading brokerages remained confident in their positive outlook for

Business

May 14, 2024

Apax Partners Aims to Expand its India Investments with a New Team-thumnail

Apax Partners Aims to Expand its India Investments with a New Team

Apax Partners intends to accelerate its investments in India’s pharmaceutical, consumer, consumer derivative, and technology services areas. The London-based private equity company has developed an India-focused team to scout buyout

Business

May 13, 2024

Zomato Shares Reach 52-Week High of INR 207.30 Ahead of Q4 Results-thumnail

Zomato Shares Reach 52-Week High of INR 207.30 Ahead of Q4 Results

Shares of food tech company Zomato soared over 3% during intraday trading on Monday (May 13) to reach a new 52-week high at INR 207.30 on the BSE. However, Zomato

Business

May 13, 2024

Meesho Expands Board With Former Flipkart Executive-thumnail

Meesho Expands Board With Former Flipkart Executive

Chatterjee’s appointment comes shortly after Meesho allegedly seeks to increase the amount of its future funding round to $500-$650 million from $300 million before. Chatterjee worked as the chief product

Business

May 13, 2024

Decoding the Major AI Push Behind Apple’s Upcoming iOS 18 Release-thumnail

Decoding the Major AI Push Behind Apple’s Upcoming iOS 18 Release

As the tech world eagerly awaits new product reveals and software upgrades at WWDC 2024, all eyes are on Apple and the highly anticipated launch of iOS 18. Rumors suggest

Business

May 13, 2024

Decoding Tata Motors’ Share Price Dip Despite Robust Quarterly Showing-thumnail

Decoding Tata Motors’ Share Price Dip Despite Robust Quarterly Showing

While Tata Motors delivered a stellar performance in the fourth quarter, reporting surges in both profit and revenue, its share price took an unexpected tumble on the day of results.

Business

May 13, 2024


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