With a rising demand for automation, UiPath has expanded its worldwide customer base to 400,000 users across 200 countries and caters to 8 of the top 10 Fortune 500 Global, and half of the the top 50 Fortune 500 Global.
Several mid- to senior-level executives are now finding jobs in global teams at growth-stage startups and young companies in Germany, the US and Southeast Asia
Google parent Alphabet on Monday reported that profit in the first three months of this year sagged under the weight of a hefty antitrust fine in the European Union.
The move is seen giving these companies insight into the spending pattern of their card users and helping them enter an under-penetrated credit market.
WeWork, recently valued at $47 billion in a private fundraising round, said its amended IPO registration with the U.S. Securities and Exchange Commission will help it decide if it is sure it wants to become a publicly traded company.
This Uber-is-like-Amazon argument will grow louder starting Monday, when the ride-hailing firm’s top executives begin meeting investors on a roadshow before its IPO in May.
Amazon had gone live on UPI with Axis Bank in February this year. Now with peer-to-peer payments, the company intends to offer the entire suite of payment products to its UPI users.
Besides its own corporate plans, McInerney is also excited at the fintech boom in India and is keeping all options on acquisitions, investments and partnerships open for disruptive players in this space.
While the new rules effective February 1 caused a few days of downtime in certain categories, the overall impact on sales was minimal, Amazon told investors in a conference call
The international business of Amazon, which India is a major part of, reported sales of over $16 billion for the quarter ending March 2019 as against almost $15 billion during the first quarter of 2018.
This will be Naspers's second major exit in the Indian Internet ecosystem after selling its 11.8% stake in Flipkart to Walmart for $2.2 billion in May last year.
Zuckerberg said while so-called digital town squares like Facebook and Instagram will always be important, “over time there’s an even bigger opportunity with the digital living room to build a platform focused on privacy.”
NPCI received the final approval from the banking regulator earlier this month and the retail payments body has asked banks to implement both the e-mandate measures by June 30.
Courier shipments to Mumbai airport have halved since December following a government crackdown on packages shipped as "gifts" by Chinese e-commerce companies to evade duties
Quikr had launched Quikr Assured products and services around the second half of last year, offering pre-owned products across several categories such as furniture, electronics, and appliances
Assuming Wirecard gets past its legal issues, it looks like Masayoshi Son has once again combined good planning with fortuitous timing to create his most-favored asset: opportunity.
The e-commerce major revamps its seller commissions, increases logistics fee structures in a move aimed at cutting subsidies and improving business margins
TikTok had said the ban was resulting in financial losses of up to $500,000 a day for its developer, Beijing ByteDance Technology Co, and has put more than 250 jobs at risk.
Pierre-Dimitri Gore-Coty, who is currently heading Uber's rides business in Europe, Middle East, and Africa, will be taking over the additional responsibility of the Asia Pacific Rides business.
WhatsApp chat groups continue to be used as a platform to share child sexual abuse videos in India, according to an investigation by a cyber security organisation
The investment signals Tiger Global’s renewed focus on Asia’s third-largest economy and comes after NinjaCart closed a $35 million funding round in December last year.
This deal marks Go-Jek's maiden financial investment in India, after having acquired three local companies to boost its technology and engineering talent.
The company has an edge over most other players, given how well capitalized it is. If it comes down to a price war to retain eateries, drivers and customers, then it is well placed to win.
Over two dozen acquisitions in as many months, over $30 billion in likely divestments across telecom and refining — is it a precursor to spinoffs as the next generation comes to the fore?
These food delivery startups are exploring a bunch of avenues to hire delivery executives, which include using the services of hiring and skilling agencies, advertising in local newspapers, referrals, and offline hoardings.
Kalyan Krishnamurthy talks about the next phase for the e-tailer, synergies with Walmart in grocery & supply chain and getting Flipkart to be IPO-ready soon.
A ‘sandbox’ environment allows disruptive technology to be used within a specified protected data set, where multiple innovations can be tested and failures analysed without causing any form of systemic risk.
The largest investor in the company, Chinese e-commerce behemoth Alibaba, realised then that Paytm’s volumes, driven largely by cashbacks, would not be a sustainable business.
While large corporations such as Amazon and HUL are constantly expanding, logistics players such as DHL and FedEx are also racing to add new warehouse capacity.
Eruditus, along with sister concern Emeritus, have partnered with top colleges in the US and Europe to create training courses targeted at professionals with eight to 20 years of experience.
RBI's restrictions of not letting crypto and initial coin offering startups to participate in the regulatory sandbox didn't bode well with fintech companies who claimed that RBI's stand against cryptocurrency technology is "not well informed."
Apps such as TikTok and Bigo Live, that allow youngsters to use the short video platform, have been accused of allowing sexually explicit content to be beamed on their platform.
The companies said in a statement that the official YouTube apps will be available on Amazon's Fire TV in the coming months. Amazon's Prime Video app will also add support for Chromecast and Chromecast built-in devices.
The accredited investor regime could provide cover for trusts, individuals and family members of a startup, as also unlisted companies that establish their bona fide.
An Indian ban on downloading TikTok has heightened industry worries that technology companies could now face increased scrutiny and regulatory challenges in one of their most important markets
Fintech startups have started offering a broader set of banking services beyond payments and lending, pointing to a deep integration with lenders that has the potential to change the way customers access banking products.
India has emerged as a key content hub for the streaming giant which has commissioned around 12 original series and about 22 original local language films so far
The move comes hours after a court in southern Tamil Nadu state refused a request by China's Bytedance Technology to suspend a ban on its TikTok app, putting its future in one of its key markets in doubt.
McMillon's visit comes at a time when Flipkart is battling Amazon for dominance in India's e-commerce market, apart from facing an impending threat from Mukesh Ambani's Reliance Industries
A bench headed by Chief Justice Ranjan Gogoi posted the matter for hearing on April 22, as the Madras High Court is expected to hear the case on April 16.
The move by these education startups mirrors trends in China, where several billion-dollar startups including VIPKid and Yuanfudaouse live learning as a medium to democratize education.
The startup, founded in 2013 by Sathvik Viswanath, Harish B V, Abhinand Kaseti and Sunny Ray, scaled down its team to just 14 employees last week from a peak of a little more than 100 people in February last year.
On Friday, Facebook gave notice of its annual shareholder meeting on May 30 and confirmed the investor proposals that will be voted on during the event.
Existing shareholder Sequoia Capital is expected to lead the funding round, with Yuri Milner-backed Apoletto Asia and Ribbit Capital also doubling down, said the people.
Social media influencers are the latest drivers for cosmetic companies like Lakme, Estee Lauder and MAC, as well as online platforms like Nykaa and Amazon India.
TCS led the way with a record performance as India’s two largest software exporters announced strong revenue growth for the fourth quarter of 2019 financial year
The growth momentum is expected to continue given that leading indicators such as client additions, scale of new orders, and headcount additions look favourable
India which has been an important market for Uber since it launched here in 2013 found itself mentioned 24 times in the company's S-1 filing with the US Securities and Exchange Commission.
Big technology seems to be ahead of the curve on quantum-safe encryption, unlike the Y2K years when they realised too late that time was quickly running out
WhatsApp has been permitted to beta-test its payments product within a limited user base of 10 lakh and has been allowed only small value transactions by the NPCI.
Medlife said sales grew to nearly Rs 700 crore in FY19, and is targeting Rs 1,400-1,500 crore in the current fiscal. The company clocked Rs 90 crore sales in March alone.
The 37-year-old internet billionaire is expected to pick up as much as 75% stake in Chaitanya Rural Intermediation Development Services which runs a microfinance institution
The investment brings to a close Oyo's nearly $1.1 billion Series E funding round that saw participation from SoftBank Vision Fund, Didi Chuxing and Grab as well
Online sales accounted for 20% of flat panel television sales volume in 2018, 30% convection microwave ovens, 10% of washing machines and 9% air-conditioners
For long, those in the armed services have not been an integral part of Indian elections as the postal ballot system introduced for their benefit has been facing a host of issues
With economies of scale kicking in and opportunities to cross-sell and charge advisory fee, there's already a degree of monetisation in the space making it attractive for investors
Uber is seeking a valuation of between $90 billion and $100 billion, influenced by the stock performance of smaller rival Lyft following its IPO last month
Facebook’s army of 40 teams across three global operation centres backed up by 30,000 content moderators are taking down one million accounts every single day.
The investment by the Hong Kong and London-based firm marks the first time that an Indian gaming company has broken into the unicorn club, a list of privately-held consumer and technology ventures that are valued at $1 billion or more.
WhatsApp’s payment feature called WhatsApp Pay has been in a beta mode since February last year and has been restricted to only 1 million users in the country, pending regulatory approvals.
Flipkart, whose plans to enter into digital financial services had been in a limbo for some time, had worked with smaller fintech partners to enable ‘cardless credit’ and checkout finance.
A scheme announced last month looks at creating demand for electric vehicles by offering incentives for shared mobility, specifically the fleet segment.
The Ant Financial, Sequoia Capital and Info Edge-backed company said costs had risen by more than six-fold to $500 million in the just-ended financial year, compared to $80 million in FY 2018.
These tests are expected to help Netflix retain its existing premium subscription offering while experimenting with their pricing models to attract a potential set of new subscribers in the country
The company has partnered with Go Digit General Insurance, HDFC Life, Aditya Birla Health Insurance, ICICI Prudential and ICICI Lombard for offering their product through their platform.
Officials of the Ministry of Electronics and Information Technology (MeitY) said that the order issued by the Madurai bench of the high court is “very hard to implement”
Websites like Reddit and Telegram are being blocked in India by internet service providers, throwing into question the enforcement of net neutrality rules
While RIL has paid Rs 230 crore, the transaction size of Rs 700 crore includes an investment of Rs 470 crore which will come into Haptik over the next five years.
Facebook on Monday announced that it had removed or unpublished over 1,000 Facebook pages and Facebook and Instagram accounts from India and Pakistan for ‘inauthentic behaviour’.
It uses artificial intelligence tools including computer vision and deep learning, to build a platform for grading and quality monitoring of agricultural commodities.
The petition alleges inaction on the part of the state transport department against other bike taxi operators while Ola's aggregator licence was suspended for a period of six months
This initiative launched by an India-based media skilling startup PROTO, will help create a database of rumors to study misinformation during elections for Checkpoint.
The company is putting in place a management team and setting up an R&D centre focussing on cyber security, cloud computing and data protection while actively scouting for acquisitions in the country.