Articles from economictimes.indiatimes.com

Articles from economictimes.indiatimes.com

India's Income Tax Bill 2025 grants income tax officers the legal authority to access taxpayers' email and social media accounts if they suspect tax evasion (economictimes.indiatimes.com)
7 days ago India Tax

Ola's AI venture Krutrim partners with Lenovo to develop the 700B-parameter Krutrim 3 LLM and India's largest supercomputer, as India grows its AI capabilities (economictimes.indiatimes.com)
7 days ago India AI Lenovo

The UK's ICO says it's probing how TikTok uses 13-17-year-olds' personal data for content suggestions and how Reddit and Imgur verify the ages of child users (economictimes.indiatimes.com)
10 days ago Reddit ICO

Ola founder Bhavish Aggarwal says Krutrim has deployed DeepSeek R1 671B on Nvidia's H100 and will be offered to Indian developers starting at ₹1/million tokens (economictimes.indiatimes.com)
29 days ago India Nvidia

Indian Electronics and Semiconductor Association: the semiconductor market in India is projected to grow to $103.4B at a CAGR of 13% through 2030 (economictimes.indiatimes.com)
2025-2-9 India

Brazil's data protection authority ruled that Tools for Humanity, cofounded by Sam Altman, must stop offering compensation for iris scans in the country (economictimes.indiatimes.com)
2025-1-27 Brazil

Data shows India's UPI recorded 10B+ merchant transactions in October 2024, up 53% YoY, while credit cards saw a 35% YoY increase in transactions to 433M (economictimes.indiatimes.com)
2024-12-1 India Credit Card

Singapore-based fintech Zinc, which offers financial services tools for overseas students, raised a $25.5M seed led by Nexus Venture Partners (economictimes.indiatimes.com)
2024-10-29 Fintech Singapore

Sources: Peak XV has cut its $2.85B fund by $465M, or ~16%, over a year after its split from Sequoia, with the bulk of the reduction coming at the growth stage (economictimes.indiatimes.com)
2024-10-2

Myntra founder Mukesh Bansal's Nurix AI, which builds custom AI agents for enterprise services, raises a $27.5M seed from Accel, General Catalyst, and others (economictimes.indiatimes.com)
2024-9-24 AI

Centricity, a digital wealth management service for financial advisers and asset managers, raised a $20M seed led by Lightspeed India at a $125M valuation (economictimes.indiatimes.com)
2024-9-12 India Asset

Indian bike taxi startup Rapido raised $200M at a $1.1B valuation led by WestBridge and plans to expand its newly launched cab-hailing service (economictimes.indiatimes.com)
2024-9-5 India Startup

PhonePe and Google Pay accounted for over 85% share of 14.4B UPI transactions in July; PhonePe led with 5.9B transactions, Google Pay 5.3B, and Paytm 1.1B (economictimes.indiatimes.com)
2024-8-20 Google

Flipkart consolidates its various fintech offerings, including UPI and BNPL, under Flipkart Pay; the move follows recent expansions and a spinoff of PhonePe (economictimes.indiatimes.com)
2024-7-30 Fintech

Mumbai-based Neysa, which offers a suite of generative AI tools to help clients manage their AI projects, raised a $20M seed led by Matrix, Nexus, and NTTVC (economictimes.indiatimes.com)
2024-4-10 AI

India's IT minister says the country is looking to frame a “balanced” AI law that will protect news publishers and content creators while minimizing user harm (economictimes.indiatimes.com)
2024-4-5 India AI

Bain: Indian startups raised $9.6B in 2023, down from $25.7B in 2022; over 35K Indian startups shut down in 2023 and leading startups laid off 20,000+ employees (economictimes.indiatimes.com)
2024-3-16 India Startup

Bethesda, Maryland-based HiLabs, whose AI-powered tools provide clean data for health care organizations, raised a $39M Series B led by Eight Roads and Denali (economictimes.indiatimes.com)
2024-3-15 AI

What the US economy needs is a cheap date (economictimes.indiatimes.com)
2024-3-12

India approves a ~$1.25B investment in AI projects over five years, including for optimizing compute infrastructure, LLM development, and education in AI (economictimes.indiatimes.com)
2024-3-8 India AI Education

Indian watchdog MeitY issues an advisory asking developers to seek “explicit permission” before deploying any AI models or AI-backed algorithms (economictimes.indiatimes.com)
2024-3-4 India AI Algorithm

Q&A with Uber CEO Dara Khosrowshahi about the Indian market, competition, achieving profitability, regrets about selling UberEats in India, regulations, more (economictimes.indiatimes.com)
2024-2-27 India Uber

The Misinformation Combat Alliance and Meta plan to launch a dedicated fact-checking helpline on WhatsApp in India so users can flag deepfakes for analysis (economictimes.indiatimes.com)
2024-2-20 India WhatsApp

Sources: Paytm E-commerce changed its name to Pai Platforms and has acquired Bitsila, a seller platform on ONDC, gaining share in the online retail business (economictimes.indiatimes.com)
2024-2-9 Retail

France to back any bid for Olympics by India, says French President Emmanuel Macron (economictimes.indiatimes.com)
2024-1-27 France India

Indian cricket NFT startup Rario plans to close on January 29 and relaunch in March 2024, leaving users with losses; Rario raised a $120M Series A in April 2022 (economictimes.indiatimes.com)
2024-1-25 India Startup

Meet Lexi Love, AI model that receives 20 proposals per month. This is virtual love (economictimes.indiatimes.com)
2024-1-21 AI

Taliban talks peace, urges Pakistan and Iran to show restraint (economictimes.indiatimes.com)
2024-1-19 Iran

China introduces revolutionary nuclear battery that lasts 50 years without charging (economictimes.indiatimes.com)
2024-1-18 China Battery

Bengaluru-based Impact Analytics, which offers retail, grocery, CPG, and supply chain planning and merchandising software, raised $40M led by Sageview Capital (economictimes.indiatimes.com)
2024-1-10 Retail

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