English

yourstory.com

Today News

19

Karnataka govt puts on hold Bill mandating local jobs quota in pvt sector

yourstory.com

The proposed Bill faced a strong backlash from various quarters which warned this would result in companies shifting from Karnataka to other states.

18

Nazara Technologies faces Rs 1,120 Cr GST claim on subsidiaries

yourstory.com

Nazara's subsidiaries are challenging the GST calculation method, arguing it should be based on gross gaming revenue, not the player pool contribution.

Zepto completes 3 years, sees 25% higher orders on birthday

yourstory.com

Aadit Palicha-led Zepto is focusing on expansion and increasing its categories as it tries to use fresh capital to maintain its position in the quick commerce segment.

17

Meta introduces Meta Verified subscriptions for businesses in India

yourstory.com

Meta's Verified subscription plan starts from Rs 639 for a single app per month and can go up to Rs 21,000, an introductory discounted rate for two apps per month.

15

Virender Sehwag invests in homegrown fintech Getepay

yourstory.com

Virender Sehwag, who has invested $500,000 in Getepay, will also serve as the brand ambassador and lend his voice to some of the brand's IVRS.

DevSparks 2024 Hyderabad: YourStory's developer-first tech summit is back

yourstory.com

After a successful debut in Bengaluru in May, DevSparks is going to Hyderabad. Join us on August 3, 2024, to decode the future of tech from the leaders of India’s app and software developers, technologists, enterprise leaders, and industry…

AI, new energy can transform India into $50-trillion economy by 2047: Ola's Bhavish Aggarwal

yourstory.com

In a recent blog post, Aggarwal has outlined a roadmap for India to achieve leadership in technological innovation and drive economic growth.

14

Nasscom fears companies will relocate if Karnataka passes jobs for locals bill

yourstory.com

Nasscom has highlighted that the technology sector almost contributes 25% of Karnataka’s GDP, and the proposed Bill will reverse the progress.

Dharana Capital acquires $50M stake in Urban Company

yourstory.com

The transaction is Urban Company's largest ESOP liquidity, with shares acquired from employees and other shareholders.

Startup news and updates: Daily roundup (July 17, 2024)

yourstory.com

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, July 17, 2024.

Google, MeitY Startup Hub to support 10,000 Indian startups in AI

yourstory.com

As part of this initiative, the company will provide eligible AI startups with up to $350,000 in Google Cloud credits to invest in cloud infrastructure and computational power.

13

BYJU’S employees speed up job hunt as insolvency process sparks concerns

yourstory.com

The NCLT order has sparked concern among the immediate families of BYJU'S employees on whether their jobs are secure. Unfortunately, many do not have any clear answers.

Seeds Fincap raised $8.5M in Series A led by Lok Capital, Z47

yourstory.com

Seeds Fincap specialises in offering secured and unsecured loans ranging from Rs 1-5 lakh, tailored to the needs of MSMEs across sectors like manufacturing and trading.

12

Kiran Bedi unveils Eveready's siren torch with safety alarm

yourstory.com

Designed to empower women and people at large, the siren flashlight aims to enhance safety and security in daily life.

11

How AI-exclusive institute Saras aims to nurture future AI leaders in India

yourstory.com

Saras AI Institute is the world’s first US-based, fully online institute focused on AI education.

Boon raises $5M in Series A funding led by Roca Group Ventures

yourstory.com

Formerly known as Swajal, Boon was co-founded by Dr Vibha Tripathi and Advait Kumar in 2015. The startup specialises in remote water purifying, monitoring, and dispensing solutions.

10

Why Losing Weight Feels Impossible: The Science Behind Your Struggle

yourstory.com

Losing weight is tough, and unfortunately, your body is working against you at every turn. As a biological machine, your body operates according to...

09

General Atlantic India COO Alok Misra retires

yourstory.com

Misra joined General Atlantic in 2013 and was working with Sandeep Naik as the global investor pumped in funds in BYJU’s through multiple rounds.

GoMechanic turns EBITDA positive in first quarter of FY25

yourstory.com

The company has attributed this growth to the guidance of its new founders, Himanshu Arora and Muskan Kakkar.

Corvi LED bags $8M funding from Enam Investments

yourstory.com

The funds will be used to expand operations and invest significantly in marketing and distribution to enhance the company's market presence in both B2C and B2B segments.

08

Auxilo Finserve raises $30M from LeapFrog Investments, others

yourstory.com

The latest funding will be utilised to expand customer reach, enhance student funding, incorporate technological infrastructure across business processes, and boost the company’s institutional lending segment.

05

How AI, data science, and intelligent storage are powering India’s solar sector

yourstory.com

Solar energy's potential is no longer a figment of imagination, but a reality made possible by the sophisticated interplay of AI, data science, and intelligent storage.

The future of media is interactive

yourstory.com

As we increasingly move to a digital-first existence, tectonic shifts across technology, culture, and new media have meant that interactive media will be far more encompassing than what was previously imagined.

Budget 2024 expectations from EV sector; Unlock your inner Sherlock with AyeVee

yourstory.com

Finance Minister Nirmala Sitharaman’s interim, pre-election Budget offered much-awaited support for EV charging infrastructure. Chennai-based Asiaville has launched AyeVee Interactive and Gamified Experience, an interactive gaming platform.

04

Budget 2024: EV sector pins hope on purchase subsidies for EV 2- and 3-wheelers, buses; lower taxes

yourstory.com

For the electric vehicle sector, Budget 2024 will likely focus on advancing the FAME scheme to accelerate adoption, particularly in public transport such as e-buses. Stakeholders also hope for increased subsidies and potentially relaxed…

Unlock your inner Sherlock: AyeVee’s immersive gaming tech lets users steer the storyline to solve mysteries

yourstory.com

Chennai-based Asiaville has launched AyeVee Interactive and Gamified Experience, an interactive gaming platform that lets users make choices to shape the narrative in different ways. Currently, the platform has two shows–a whodunnit and an…

Tuesday, Jul 16

20

SaaS unicorn Tekion raises $200M from Dragoneer

yourstory.com

Tekion last raised $250 million in October 2021, and the startup will use this capital primarily for market expansion.

18

Regulatory framework to push exports through e-comm likely by Sep: Commerce Secretary

yourstory.com

The commerce ministry's arm is working with RBI and concerned ministries on several steps to promote exports through e-commerce medium.

Antler India spotlights 10 new portfolio startups disrupting their fields

yourstory.com

The virtual event saw participation from ten Indian startups and more than 170 funds and investors.

17

Ola Electric IPO pricing to be lower than private valuation: Report

yourstory.com

The Bhavesh Aggarwal-led EV’s IPO is expected to be launched at 30% lower than its previous valuation.