Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.
Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.
Beauty and Personal Care (BPC) e-retailer Honasa Consumer's initial public offering (IPO) has failed to find backing from analysts due to the company's weak financial track record and expensive valuation. T Manish, research analyst at Samco Securities suggests avoiding the IPO as the company's financial performance does not inspire confidence. "The profit has been inconsistent and advertising and marketing expenses are incredibly high at around 40 per cent of the revenues.
While Tata Sons' Chairman Emeritus Ratan Tata has made an investment in e-commerce company Snapdeal, he is not involved in its functioning.
Letsgomo Labs has a 76-member team.
Flipkart co-founder Sachin Bansal on Friday took pot shots at Snapdeal saying India should not be blamed for the latter's failure to hire "great engineers".
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
Snapdeal to acquire GoJavas for Rs 200 cr, say sources.
There are 68 Philatelic Bureaux and 1,111 philatelic counters in the country.
Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.
The FDA Maharashtra on Friday lodged an FIR against Snapdeal.
Nandan Nilekani, Gokul Rajaram at top two spots in value terms
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Last year, the top 10 investors in the country had put their money in 209 deals, according to the data compiled by VCCEdge based on deals disclosed. This year they put money in only 60 deals.
As part of the partnership, about 1,000 homes across projects in cities like Mumbai, Pune, Ahmedabad, Bengaluru and Chennai will be put up for sale on Snapdeal.
USISPF slammed government's move and alleged that the amendments announced were without any consultation and are akin to changing rules in the middle of the game.
RupeePower aims to become the No 1 originator of financial products.
Flipkart's valuation of $15.2 bn arrived at during latest round of $700-mn fund raise.
The delivery channel of India Post is being utilised primarily for small towns and cities.
Tech grads from BITS Pilani identify a problem and then use technology to solve it. The Visit story.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
Every competitor is eyeing the top slot that Flipkart holds.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
Business chambers now inviting start-ups for membership.
Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
Founders should have faith in themselves, their vision and their team, feels Infosys founder Narayana Murthy.
E-commerce is awash in money, raising concerns about whether this is just another unsustainable internet trend headed for a bust.
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