Perplexity AI, a San Francisco-based AI search engine company, has achieved a significant milestone by securing $62.7 million in funding, leading to a valuation of $1.04 billion. This funding round was led
Social media giant Reddit is gearing up for its highly anticipated initial public offering (IPO), expected to take place in March. This marks a significant development in the social media landscape, as
Perplexity AI, a cutting-edge search startup, has successfully concluded its Series B funding round, securing a substantial $73.6 million. The investment was led by prominent backers, including Nvidia and Jeff Bezos, founder
Education technology platform Byju’s said it achieved profitability in the last quarter of 2016-17, making it one of the few new-age internet companies to touch that milestone. Founder Byju Raveendran said the
Transportation startup Ola has received Rs 1,675 crore in fresh funding from existing investor SoftBank, according to filings made to the Registrar of Companies. The Japanese telecom and internet giant SoftBank’s subsidiary
Indian Auto Ancillary Industry worth US$ 39 billion, to grow by 8-10 per cent in FY 2017-18. Editors Synopsys: •Auto Component Industry in India has achieved exports worth US$ 10.8 billion
Marked an inflection point for the Indian startup ecosystem. Emboldened by an ever-increasing smartphone penetration and online shopping reaching millions of customers, this was when India’s most celebrated e-commerce company, Flipkart, raised
Cloud4C, touted as the world’s only Tier-4 cloud solutions firm, promoted by Tier-4 datacentre services provider CtrlS is looking at raising around $20 million by divesting a minority stake. The cloud solutions
Bharti Airtel group veteran Akhil Gupta has become an investor in Indian Commodity Exchange (ICEX), part of Anil Ambani-led Reliance Group, buying a 5% stake in the bourse valuing it at Rs
Accel Partners has sold a fractional stake in Flipkart to Qatar Investment Authority for $100 million (about Rs 650 crore), in a deal that values India’s biggest online marketplace at $15 billion,
Tech companies contributed lot to economical and overall development of nations. Most valuable global tech brand have created value of worth billions. It’s no surprise that Apple and Google have maintained their
A Brazilian judge struck down an injunction issued last week calling for the suspension of the US-based Uber ride-sharing service throughout the country. The State Court of Sao Paulo ruled on April