Ratan Tata, the previous chairman of Tata Sons, has been a major determine within the Indian startup ecosystem. His investments, notably in unicorn startups, have illustrated his dedication to nurturing innovation and entrepreneurship in India.Over time, he had grew to become a beacon for budding entrepreneurs, providing not simply monetary help but in addition mentorship and steerage. This text discusses the varied elements of Ratan Tata’s funding ventures into unicorn startups and their broader influence on the Indian economic system.Origin of Ratan Tata’s InvestmentsRatan Tata’s foray into enterprise capital started throughout his tenure as chairman of the Tata Group. Seeing…
Author: DF Manager
SUMMARY Jupiter managed to slender its web loss by 16% to INR 275.94 Cr in FY24 Working income surged fivefold to INR 35.85 Cr from INR 7.11 Cr in FY23 On a unit economics foundation, Jupiter spent INR 9.94 to earn each rupee from operations in FY24 Neobanking startup Jupiter managed to slender its web loss by 16% to INR 275.94 Cr within the 12 months ended March 2024 (FY24) from INR 327.04 Cr within the earlier fiscal 12 months on the again of robust income progress and enchancment in margins. The startup’s working income jumped 404% to INR 35.85…
Nvidia’s new Blackwell AI chips, which have already confronted delays, have encountered issues with accompanying servers that overheat, inflicting some clients to fret they won’t have sufficient time to get new knowledge facilities up and operating, the Data reported on Sunday. The Blackwell graphics processing models overheat when related collectively within the custom-made server racks the corporate has designed, the report mentioned, citing sources aware of the difficulty. The AI chipmaker has requested its suppliers to alter the design of the racks a number of occasions to resolve overheating issues, in accordance with Nvidia staff who’ve been engaged on the…
In India’s vibrant MSME panorama, massive desires are giving solution to daring concepts. Fuelled by a relentless drive to innovate, these micro, small and medium enterprises are stepping up with inventive options that problem the established order and are paving the way in which for a brand new period of sustainability. From farm-fresh produce to artisanal drinks, the MSME panorama exemplifies how grassroots initiatives can create significant change. By harnessing native assets and crafting distinctive experiences, these trailblazers are usually not solely reworking their markets but in addition igniting a spirit of ambition in a brand new era of entrepreneurs.The…
Swiggy is now a publicly listed company and there’s no wanting again. However this isn’t the Swiggy that now we have come to know within the first half of its life. In truth, Swiggy isn’t just a meals supply firm any extra. And neither is Zomato. Each arch rivals are altering quickly and not less than for Swiggy, the main target is on the broader shopper providers ecosystem. With Rare Life and Yello on the cards, Swiggy is trying to stretch into areas that don’t precisely line up with meals or supply. That is a part of the corporate’s id…
As quantum computing quickly advances from analysis to real-world purposes, India is positioned to play a pivotal position in shaping the expertise’s future. A current survey by Primus Companions – India’s main consultancy, reveals that business leaders throughout India are pushing for important investments in quantum analysis and expertise improvement to unlock the potential of this transformative expertise. The survey, performed with 200 senior executives and CXOs, highlights the crucial actions wanted to propel India’s management in quantum computing, which is predicted to revolutionise sectors like cybersecurity, healthcare, and logistics.Sundar Pichai standing subsequent to a quantum pc at GoogleQuantum’s game-changing…
Amazon India will collaborate with Startup India to assist startups scale their companies throughout the nation by way of e-commerce.Amazon India will associate with Startup India to help in growing the attain of the Bharat Startup Information Entry Registry (BHASKAR) platform.Via the Amazon Saheli x Startup India program, Amazon will work to speed up the e-commerce journey of choose ladies entrepreneurs by constructing capability, offering upskilling alternatives, and fostering progress.Amazon India has introduced that will probably be working with Startup India below the aegis of the Division for Promotion of Business and Inside Commerce (DPIIT), to drive a number of initiatives aimed…
Running a blog has grow to be a very good profession possibility in latest instances. At first, it was thought of a very good pastime or a ability so as to add to your resume however now, persons are gravitating in direction of it and are curious about making it their profession selection. One of the crucial widespread methods of sharing and transmitting data and information has quickly grow to be running a blog. Hundreds of thousands of blogs are virtually on-line. It is a good way to precise your self and a good way to share data, ideas,…
Chegg, a Santa Clara-based on-line schooling firm, has introduced one other spherical of layoffs, reducing 319 jobs, or 21% of its workforce. This marks the second main employees discount in simply six months, signaling deep challenges for a corporation grappling with the disruptive impression of generative AI instruments and Google’s evolving search options. The layoffs have been disclosed in a submitting with the Securities and Trade Fee (SEC) on Tuesday, coinciding with a dismal quarterly monetary report. Chegg reported losses exceeding $212 million between July and September, persevering with a sample of declining revenues over the previous three years. CEO…
Amazon reported sturdy third-quarter outcomes, with revenue hovering 55.2%, fuelled by sturdy progress in its cloud computing enterprise, which energised investor sentiment.The tech agency’s shares rose by about 6% in after-hours buying and selling.The Seattle-based firm reported a backside line of $15.3 billion in its third quarter ended September 30, 2024, in contrast with $9.9 billion earned within the year-ago interval.Its cloud computing platform, Amazon Net Companies (AWS), posted an working revenue of $10.4 billion in Q3, up 49.7% year-over-year (YoY). This represents almost 60% of its dad or mum’s working revenue of $17.4 billion within the third quarter.AWS contributes…