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Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha
Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the company at $3.6 billion. The CEO sees Zepto as a hyperlocal Walmart focusing on groceries and household essentials. The company plans to expand its dark stores to 700 to compete...
Startups
Inside the rise and fall of Indian Twitter rival Koo
Koo, the Indian social media platform aiming to rival Twitter, has closed down due to unsuccessful acquisition negotiations. The company struggled with funding challenges and workforce reductions amidst a competitive landscape.
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Information Tech (IT)
Wipro Consumer VC looks for more follow-on rounds
Sumit Keshan, managing partner of Wipro Consumer Care – Ventures, said the fund's...
Information Tech (IT)
AI-focused TCS sees its staffers clocking more learning hours
This comes as TCS doubled its generative AI projects pipeline to $900 mn. Interestingly,...
Information Tech (IT)
Wipro sees more top deck changes under CEO Pallia's watch
New chief executive Srinivas Pallia is undertaking changes in the senior management of IT...
Information Tech (IT)
TCS signs deal with Kuwait’s Burgan Bank
Burgan Bank, one of the youngest commercial banks in Kuwait with a regional network...
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Wipro CEO banks on internal talent, promotes veterans
Focusing on inside talent comes at a time when it has been dealing with...
Information Tech (IT)
IT industry's competitive intensity to be at highest levels in FY25: HCLTech CEO C Vijayakumar
Despite a challenging economic environment, HCLTech has achieved remarkable annual growth and outpaced larger...
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Wipro’s Rishad Premji takes pay cut, ex CEO Delaporte takes home $20 mn
Wipro executive chairman Rishad Premji declined variable pay for the second consecutive year due...
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Wipro appoints Sarat Chand as MD for Northern Europe
Effecting a management rejig after the appointment of new chief executive Srinivas Pallia, the...
Information Tech (IT)
It’ll take time to leverage full potential of GenAI: : TCS’ AI-Cloud biz head
Siva Ganesan, head, TCS’ AI.Cloud business unit told ET that upskilling of the workforce,...
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Slowdown hits Indian IT companies’ campus recruitments
The IT service business model, which relies on pyramid structure with its base constituting...
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Talent-hunting tech rivals circle around vexed LTIMindtree
LTIMindtree was born out of the merger between L&T Infotech and Mindtree in November...
Information Tech (IT)
HCLTech, Arm collaborate to work on custom silicon chips for AI-led biz
The partnership will enable semiconductor manufacturers, system OEMs (original equipment manufacturers) and cloud services...
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Startups
Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha
Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the...
Startups
Inside the rise and fall of Indian Twitter rival Koo
Koo, the Indian social media platform aiming to rival Twitter, has closed down due...
Information Tech (IT)
Hemant Lamba resigns as Infosys Executive VP
In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am...
Information Tech (IT)
Glean Technologies sets up India office, to invest up to $50 million
US-based Glean Technologies, which offers AI assistant platforms for businesses, has chosen to set...