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Masayoshi Son currently owes SoftBank $5.2 billion as a result of side deals-thumnail

Masayoshi Son currently owes SoftBank $5.2 billion as a result of side deals

After the venture capital arm of Vision Fund ended a year of record losses, Masayoshi Son is now personally responsible for nearly $5.2 billion in side businesses he set up

Investment & Funding

May 12, 2023

National Technology Day: PM Modi launches projects worth ₹5,800 crore-thumnail

National Technology Day: PM Modi launches projects worth ₹5,800 crore

Prime Minister Narendra Modi announced the events on Thursday to mark the 2023 National Technology Day. The program also marks the start of the 25th National Technology Day celebrations, which

Indian Govt

May 11, 2023

In Tamil Nadu, Hyundai Motor will invest $2.45 billion over 10 years, and install 100 EV charging stations-thumnail

In Tamil Nadu, Hyundai Motor will invest $2.45 billion over 10 years, and install 100 EV charging stations

In an effort to stimulate domestic production, the federal government announced a few weeks prior that import duties on automobiles and motorcycles, including electric vehicles (EVs), would be increased. With

Investment & Funding

May 11, 2023

AI is going to Impact Gmail-thumnail

AI is going to Impact Gmail

Since the release of ChatGPT in November of last year, generative AI has taken center stage, with major technology businesses building solutions to keep up with the current technological trend.

News

May 11, 2023

Shark Tank-Famous Start-Up Tagz Foods Raises Funding Once Again-thumnail

Shark Tank-Famous Start-Up Tagz Foods Raises Funding Once Again

Manufacturer of popped chips TagZ Foods has secured a $2 million Pre-Series A round of investment headed by 9 Unicorns, Dexter Angels, Agility Ventures, Venture Catalysts, Klub, Indifi, and Rannvijay

Insights

May 11, 2023

With Vision Fund falling further, SoftBank posts a $7.18 billion annual loss-thumnail

With Vision Fund falling further, SoftBank posts a $7.18 billion annual loss

The Vision Fund unit of Japan’s SoftBank Group Corp. revealed a quarterly investment loss as a result of falling tech valuations, resulting in an annual net loss of 970 billion

Business

May 11, 2023

From August 1, businesses with turnover over Rs 5 crore must generate e-invoices-thumnail

From August 1, businesses with turnover over Rs 5 crore must generate e-invoices

With this action, compliance will be further enhanced and revenue collection holes will be filled. At the moment, issuing electronic invoices or e-invoices is necessary if a company’s yearly revenue

Business

May 11, 2023

A new ‘Edit Messages’ Feature for WhatsApp is Available: This Is How It Operates-thumnail

A new ‘Edit Messages’ Feature for WhatsApp is Available: This Is How It Operates

The popular instant messaging service WhatsApp, which is owned by Meta, is apparently introducing a feature that enables users to new ‘Edit Messages’. Some fortunate beta testers currently have access

News

May 11, 2023

SaaS provider Shipturtle raises Rs. 3.5 million with the help of Inflection Point Ventures-thumnail

SaaS provider Shipturtle raises Rs. 3.5 million with the help of Inflection Point Ventures

To become the largest brand directory in the world, the company will use the capital to improve its technology and broaden its customer base internationally. Sharad Kabra, a graduate of

Insights

May 11, 2023

Until recently, ONDC had to push individuals, but Paytm and PhonePe backing helped the government-backed platform grow by 100 times-thumnail

Until recently, ONDC had to push individuals, but Paytm and PhonePe backing helped the government-backed platform grow by 100 times

As anticipated, the release of the specific app Pincode from Walmart-owned finance startup PhonePe in early April led to a spike in orders. The other significant buying app on the

Investment & Funding

May 11, 2023

Taking three Adani Group companies off the UN-backed green list-thumnail

Taking three Adani Group companies off the UN-backed green list

The UN-backed organization supports businesses in developing specific plans to cut emissions in line with the Paris Agreement’s goal to slow global warming. Adani Green Energy, Adani Transmission, and Adani

Business

May 11, 2023

FIR against Ashneer Grover, the former MD of BharatPe, and his family for defrauding the fintech of 81 cr-thumnail

FIR against Ashneer Grover, the former MD of BharatPe, and his family for defrauding the fintech of 81 cr

Grover has been involved in a legal dispute with BharatPe since January 2022, when claims of financial irregularities first appeared. Grover was fired from the organisation in March of last

News

May 11, 2023


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