Yuvraj Malik And Bibhu Ranjan Mishra

Stories by Yuvraj Malik And Bibhu Ranjan Mishra

How Zeta acquired Unicorn status in the very first round of funding

How Zeta acquired Unicorn status in the very first round of funding

Rediff.com   14 Jul 2021

In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.

How kirana stores are embracing retail technology

How kirana stores are embracing retail technology

Rediff.com   23 Apr 2021

Everyday consumerables, such as grocery and order-in food items are the key buyout sector, analysts say, and a major reason for kirana stores' digitisation push.

Large IT outsourcing contracts are up for grabs as clients optimise cost

Large IT outsourcing contracts are up for grabs as clients optimise cost

Rediff.com   2 Jan 2021

Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.

Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

Rediff.com   23 Nov 2020

While BlackRock is an existing investor in Byju's, T Rowe joined as a new investor.

Google's new Play Store policy making app developers nervous

Google's new Play Store policy making app developers nervous

Rediff.com   13 Nov 2020

Google is going ahead with a policy revision mandating 30% charge on in-app purchases across all apps on Play Store. This has left developers' community worried about tighter squeeze on their earnings, says Yuvraj Malik.

Biggest change the pandemic has brought for Indian IT

Biggest change the pandemic has brought for Indian IT

Rediff.com   10 Nov 2020

While for clients it has led to increased outsourcing, they are no more worried about which shore the service providers are executing the project in - offshore, onshore or near-shore - because remote working has become the standard norm in the industry, giving rise to a "no shore" kind of model.

Chip-making is now a big opportunity for India

Chip-making is now a big opportunity for India

Rediff.com   9 Nov 2020

Even though India has major strengths in chip design and in making the software that actually commands the processors to execute specific tasks, chip-manufacturing has never been the country's strength.

In Digital India, SAAS firms are lapping up young execcutives

In Digital India, SAAS firms are lapping up young execcutives

Rediff.com   23 Oct 2020

Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. The top five firms - Zoho, Freshworks HighRadius, Druva, and Icertis - account for 33 per cent of the market share. Chennai, India's SAAS centre, alone generates $1 billion in annual revenue. Yuvraj Malik explains how these companies are planning their next phase of growth.

'There is a good alignment of stars and we hope to continue to surprise the market'

'There is a good alignment of stars and we hope to continue to surprise the market'

Rediff.com   22 Oct 2020

'We will continue to refine our operating model to drive more simplicity and nimbleness.'

What happens if India bans Chinese smartphones

What happens if India bans Chinese smartphones

Rediff.com   21 Oct 2020

Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.

'In Q2 so far, we are continuing with our hiring'

'In Q2 so far, we are continuing with our hiring'

Rediff.com   23 Sep 2020

Infosys is on a much stronger wicket today than where it was a few years ago, despite the impact of the Covid-19 pandemic on the business, says its CEO & MD Salil Parekh. In an interview to Bibhu Ranjan Mishra & Sai Ishwar, Parekh talks about the company's plans with regard to salary hike deferment, fresher hiring, acquisitions, and much more.

Narayana Murthy bats for external probe into whistleblower complaints

Narayana Murthy bats for external probe into whistleblower complaints

Rediff.com   22 Sep 2020

Murthy said moral weakness and incompetence of the chairman of the board are the main reasons behind corporate scams.

Business reforms: Gujarat ranks behind West Bengal

Business reforms: Gujarat ranks behind West Bengal

Rediff.com   17 Sep 2020

While other states are becoming competitive, Gujarat, say experts is not paying enough attention to maintaining its own position in terms of business reforms.

'Pandemic is a Whatsapp moment for healthcare'

'Pandemic is a Whatsapp moment for healthcare'

Rediff.com   10 Sep 2020

'In the case of Aadhaar, we were able to build and enrol 1 billion in five-and-a-half years.' 'For vaccination, it can be done even faster -- in just two years.' 'When everybody is coming for vaccination, they can be offered a choice -- to create a health record and a digital ID.'

Covid-19 may take away 200,000 IT jobs in India

Covid-19 may take away 200,000 IT jobs in India

Rediff.com   4 Sep 2020

The sector will see a minimum of 3-5 per cent of the weight being shed in almost every IT company - particularly the big 20 - because of Covid and not performance-related issues.

Revealed! How JEE, NEET will be different

Revealed! How JEE, NEET will be different

Rediff.com   20 Aug 2020

Exam centres will not only ensure social distancing among examinees -- there will also be a strong focus on avoiding malpractices and conducting the test with minimal human intervention.

How TCS plans to make WFH its mantra

How TCS plans to make WFH its mantra

Rediff.com   21 Jul 2020

'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'

The lockdown has been good for Grofers

The lockdown has been good for Grofers

Rediff.com   9 Jul 2020

'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'

Capgemini bucking Covid trend, gives hikes, promotions

Capgemini bucking Covid trend, gives hikes, promotions

Rediff.com   8 Jul 2020

Not just in the IT sector, Capgemini is probably the only company, in India, which has offered salary increments.

What IT firms are doing to optimise staff costs

What IT firms are doing to optimise staff costs

Rediff.com   29 Jun 2020

Already 15-20 per cent of the workforce, earlier used to be procured from staffing firms and subcontractors, are replaced by freelancers tapped from platforms like Topcoder, GitHub, and Upwork.