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Paytm Q4 Results: Loss Widens to Rs 550 Crore; Revenue Drops 3% YoY
Fintech major Paytm reported a significant widening of losses in the fourth quarter ended March 2024, driven by disruptions related to the Unified Payments Interface
Razorpay Leads the Charge: US Payments Giant Restructures to Become Indian Entity
Razorpay, the US-based payments giant valued at $7.5 billion, is making a strategic shift to Indian shores. This move, driven by a desire to optimize
Simpl Doubles Down on Pay Later Service to Boost Operational Efficiency
Fintech startup Simpl has announced a strategic shift focusing on its Pay Later service to enhance operational efficiency and drive growth. This new direction, outlined
Balancing Innovation with Privacy and Security in CX Technology
Customer experience (CX) is the sum of all interactions a customer has with a business, from inquiries to sales, marketing, and order fulfillment. It is
Microsoft Unveils New AI Tools: From GPT-4o to AI-Powered Windows PCs
In a significant leap forward in the field of artificial intelligence, Microsoft has introduced a series of groundbreaking AI tools at its annual Build developer
Awfis Secures INR 268.6 Cr from 32 Anchor Investors Ahead of IPO
As Awfis gears up for its Initial Public Offering (IPO), the startup has successfully raised INR 268.6 crore from 32 anchor investors. This pre-IPO funding
Former Byju’s Employees Demand Unpaid Dues Amid Company Turmoil
Byju’s precipitous fall has had far-reaching consequences, particularly for its workforce. Despite formerly employing 50,000 people, Byju’s has suffered a significant decline to roughly 30,000
Startup news and updates: Daily roundup (May 22, 2024)
Humors Tech, the health technology startup behind Respyr, has raised Rs 2 crore in pre-seed capital from Venture Catalysts. Respyr is a breath-based health screening
French AI Startup H Raises $220M In Seed Round From Accel, UiPath and Bernard Arnault
H, a Paris-based AI startup formerly known as Holistic AI, has announced a staggering $220 million seed investment. This major fundraising milestone comes just months
KonProz Secures $700K to Advance AI Solutions for Legal Industry
KonProz, a business focused on generative artificial intelligence (GenAI), has successfully raised $700,000 in its most recent investment round. This round was led by Dr.