Recently Tata Electronics partners with Synopsys for its semiconductor fab plant in Dholera, Gujarat and signed a Memorandum of Understandig. This collaboration is set to boost India’s semiconductor manufacturing capabilities and place it on the global semiconductor map. Partnership Overview The partnership among Tata electronics and Synopsys will help in development of a foundry design […]
Flipkart and PhonePe, two major players in the Indian e-commerce and fintech sectors, are showing promising signs of profitability. According to Walmart CFO, improving losses and substantial growth in payment volumes are giving Walmart a lot of confidence in their financial future. This article delves into the financial outlook and strategic advancements of Flipkart and […]
Recently MapmyIndia Promoter Rakesh Verma announced to Sell 5 Lakh Shares. Due to this annoucement MapmyIndia is currently in the spotlight. Verma is set to offload 5 lakh shares, raising eyebrows in the investment community. This move comes amidst a recent surge in MapmyIndia’s stock price, driven by positive analyst coverage. Understanding Rakesh Verma’s Stake […]
Recently Rupeek secures INR 200 Cr funding Led by Elevation capital, mark a significant impact in the company. Rupeek is a Bangalore-based fintech startup specializing in gold-backed loans. It’s currently in advanced negotiations to secure a substantial funding round amounting to approximately INR 200 Cr. This investment drive is set to be spearheaded by Elevation […]
In a significant stride, Karnataka targets $6.2B tech investments from major economies like the US, UK and various European nations. Spearheaded by Priyank Kharge, the Minister for IT and BT in Karnataka, this initiative aims to propel the state’s technological capabilities and foster economic growth. Strategic Focus Areas for Investment Priyank Kharge has identified several […]
Recently in the tech industry, a report surfaced stating that Flipkart held discussions with Swiggy regarding a potential stake purchase. However, Swiggy has denied these claims. This article delves into the details of this report, the involved parties, and the current state of these discussions. Report on Flipkart and Swiggy Talks According to a report […]