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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

UAE-based institute unveils new AI tool to rival big tech

TMT

13 May, 2024

UAE-based institute unveils new AI tool to rival big tech

A government research institute in the United Arab Emirates on Monday released a new open source GenAI model, which ......

Carlyle-backed Indegene clocks 26% gain on stock market debut

TMT

13 May, 2024

Carlyle-backed Indegene clocks 26% gain on stock market debut

Indegene Ltd, a technology-led healthcare solutions provider to biopharmaceutical, biotech and medical devices ......

Zomato's Q4 profit falls below analyst expectations, advertising spends higher

Finance

13 May, 2024

Zomato's Q4 profit falls below analyst expectations, advertising spends higher

Indian food delivery platform Zomato reported a smaller-than-expected quarterly profit on Monday, hurt by surging ......

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Deals Digest: Funding level drops week-on-week but stays strong at over $400 mn

TMT

10 May, 2024

Deals Digest: Funding level drops week-on-week but stays strong at over $400 mn

Indian companies raised a lower amount of capital this week compared with the previous five-day period as only a handful......

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Pan-African private equity firm Admaius strikes fourth bet from first outing

TMT

09 May, 2024

Pan-African private equity firm Admaius strikes fourth bet from first outing

Admaius Capital Partners, a pan-Africa focussed private equity firm has struck a fourth deal from its inaugural $250-......

Regrip, Treacle secure early-stage funding

TMT

09 May, 2024

Regrip, Treacle secure early-stage funding

Tyre re-engineering startup Regrip and cybersecurity startup Treacle secured early-stage funding, the companies said on......

Happiest Minds Technologies to acquire US firm Aureus

TMT

09 May, 2024

Happiest Minds Technologies to acquire US firm Aureus

Indian IT services firm Happiest Minds Technologies is set to acquire a 100% stake in the US-based digital product ......

Peak XV Partners-backed AI startup Atlan raises $105 mn

TMT

08 May, 2024

Peak XV Partners-backed AI startup Atlan raises $105 mn

Atlan said on Wednesday it had raised $105 million in a funding round led by Singapore's sovereign wealth fund GIC ......

Carlyle-backed Indegene's IPO gets bumper response; Aadhar Housing, TBO Tek make slow start

Finance

08 May, 2024

Carlyle-backed Indegene's IPO gets bumper response; Aadhar Housing, TBO Tek make slow start

Three companies that are backed by private equity investors hit the market this week, with two launching their bids on ......

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Warburg, Carlyle, others in fray for stake in healthcare tech solutions provider

Healthcare

08 May, 2024

Warburg, Carlyle, others in fray for stake in healthcare tech solutions provider

A string of global buyout firms including Thoma Bravo, CVC Capital, Carlyle, Platinum Equity and Warburg Pincus are ......

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