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The author is Regional Editor (Technology & South) at BW Businessworld.
User frequency on the platform has also witnessed growth, with a 70 per cent increase over the past six years and a 12 per cent uptick in the last year alone
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The company had initially begun its journey as Mappls Kogo, having raised two funding rounds from MapmyIndia, which retains a 40 per cent stake in Kogo. But today, the company operates just with the name ‘Kogo’
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Yali Capital has set a target corpus of Rs 510 crore, with an additional Rs 310 crore available through a greenshoe option. This financial muscle is supported by a network of co-investors and connections to top-tier venture arms globally, offering startups access to capital and market opportunities
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GitHub CEO Dohmke identifies AI regulation and funding as key challenges for India’s tech sector
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The storied investor and former Infosys CFO urges greater R&D funding to drive Indian innovation
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The startup has introduced its Krutrim AI chatbot that can take prompts in 22 scheduled Indian languages besides English and generate responses in English, Hindi and eight Indian languages
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Early-stage funding, in particular, was hit hard, with an average drop of over 45 per cent year-on-year (YoY)
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Zoho had been making inroads in the Middle East region and had established partnerships there, intending to strengthen its presence further. However, the CEO's optimism was tempered by the current situation in Israel
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This endeavour would essentially challenge the dominance of Meta's WhatsApp, which currently boasts approximately 500 million users in India, a number projected to skyrocket to nearly 800 million by 2025
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Paytm's founder and CEO, Vijay Shekhar Sharma, emphasised, “We are very happy to bring this device that accepts cards from all networks including American Express, Visa, Mastercard, and RuPay"
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