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B2B retail platform Jumbotail raises Rs 151 crore to tap mass market consumers

Mar 18, 2024

Bengaluru, March 18 (IANS) B2B marketplace and new retail platform Jumbotail on Monday said it has raised Rs 151 crore equity capital led by Artal Asia. Heron Rock, Sabre Investment, Arkam Ventures, Jarvis Reserve Fund, Reaction Global, VII Ventures and others also participated in the round.Jumbotail said it plans to invest funds in scaling its…

Indian IT services industry to see modest 3-5 pc revenue growth in FY25: ICRA

Mar 18, 2024

New Delhi, March 18 (IANS) The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent in the nine months of the current fiscal year but remain modest at 3-5 per cent in FY2025, a new report showed on…

Business

Qualcomm unveils Snapdragon 8s Gen 3 chip for flagship Android phones

Mar 18, 2024

New Delhi, March 18 (IANS) Chip-maker Qualcomm on Monday announced Snapdragon 8s Gen 3 Mobile Platform for Android flagship smartphones.The Snapdragon 8s Gen 3 will be adopted by major players including Honor, iQOO, realme, Redmi and…

Business

Central bank meetings could influence global market trajectory

Mar 18, 2024

New Delhi, March 18 (IANS) Many events like the Fed meeting outcome on Wednesday, the spike in the US 10-year bond yield to 4.3 per cent and the possible SEBI directives based on the stress tests in mid- and small-cap schemes will influence…

Business

BetterPlace, UP govt to make over 1 lakh frontline workers job-ready by 2025

Mar 18, 2024

Bengaluru, March 18 (IANS) BetterPlace, Asia’s largest SaaS and horizontal platform for frontline workforce management, on Monday signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government’s Department of Vocational…

Business

Procter & Gamble India appoints Kumar Venkatasubramanian as CEO

Mar 18, 2024

Mumbai, March 18 (IANS) Procter & Gamble India on Monday announced that Kumar Venkatasubramanian will take over as CEO for its operations in the country from May 1. He will take over from LV Vaidyanathan, who will leave the company to…

Business

Mindsprint appoints Nitesh Mirchandani as Chief Business Officer

Mar 18, 2024

New Delhi, March 18 (IANS) Mindsprint, a digital technology and business solutions company, on Monday appointed Nitesh Mirchandani as the company’s Chief Business Officer. A Mumbai University graduate with a Master’s in Management from the…

Business

Aditya Birla Sun Life AMC launches Gen AI-based search assist tool for investors

Mar 18, 2024

New Delhi, March 18 (IANS) Aditya Birla Sun Life AMC Ltd on Monday launched ‘MyMutualFundGPT’ to assist investors’ queries across its digital platforms. The generative AI-based tool goes beyond traditional keyword matching by comprehending…

Business

UP Mining Dept set to record increase in revenue

Mar 18, 2024

Lucknow, March 18 (IANS) The Uttar Pradesh mining department is set to generate significantly higher revenue during the 2023-24 financial year than the previous fiscal.The increase in the overall collections has been possible because of…

Business

Democratising technology: realme’s dedication towards pioneering consumer experience with innovation

Mar 18, 2024

New Delhi, March 18 (IANS) In today's rapidly evolving digital landscape, the democratisation of technology has emerged as a transformative movement. This concept is not just about creating groundbreaking innovations; it's about ensuring…