Bengaluru-based full-stack customer engagement platform whoAxotelwho It has reported profits with positive EBITDA in the third and fourth quarters of FY24. The company reduced its annual loss by 65% in FY23 to Rs. 108.8 crore in FY24 to Rs. 38.8 crore, while revenue rose from Rs 420 crore to Rs 445 crore during the same … Read more
India’s electric vehicle (EV) industry is witnessing an unprecedented transformation, marked by rapid growth in adoption and production. And recent statistics highlight this momentum. A remarkable 1,675,800 EVs were sold between April 1, 2023 and March 31, 2024, translating to an average of 4,591 units per day. The country has sold 3.95 million electric vehicles, … Read more
Vadodara-based electric vehicle maker Wardwizard Innovation and Mobility expects 30-35% of its sales volume to come from electric three-wheelers. The company has also stated that it aims to sell up to 42,000 units in the current financial year. WardWizard Innovation & Mobility has expanded its product portfolio under the Joy-A-Rick and Joy-E-Bike businesses with two … Read more
Stock exchanges BSE and NSE on Friday fined digital insurance platform Go Digit General Insurance for failing to submit certain disclosures on time. According to the exchange filing, the company will have to pay Rs 5,000 to the exchange for not submitting the XBRL of the related party’s transactions for the half year ended on … Read more
Food delivery startup Thrive is shutting down its consumer app after four years amid intense competition from well-funded startups in the food tech space. Krishi Phagwani, co-founder of the Mumbai-based company, shared on LinkedIn that the company has taken the “difficult decision” to shut down the operations of Thrive Consumer App (currently based in Mumbai) … Read more
Started in 2014, PhotoSpark is a weekly feature from your story With photos that celebrate the spirit of creativity and innovation. In the previous 825 posts, we featured one art festival, Cartoon Gallery. World Music Festival, Telecom Expo, millet fair, Climate Change Expo, wildlife conference, startup festival, diwali rangoli, and Jazz Festival. Doha, the capital … Read more
The UnboxingBLR Foundation and Nikhil Kamath’s WTFund announced the five winners of the Namma Bengaluru Challenge on Saturday. Each winner will be awarded a grant of Rs 10 lakh for their ideas that address Bengaluru’s critical urban challenges and drive transformation in the city. More than 600 have registered for the challenge, which was launched … Read more
A 26-year-old Indian-origin former employee of artificial intelligence giant OpenAI has died by suicide in San Francisco, authorities said. Suchir Balaji was found dead inside his Buchanan Street apartment in San Francisco on Nov. 26, San Francisco police and the Office of the Chief Medical Examiner were quoted as saying by The Mercury News. The … Read more
In today’s rapidly evolving business world, a new generation of changemakers is redefining industries and driving transformative changes. These leaders are not only excelling in their respective fields, but are shaping the future with innovation, guidance and visionary leadership. These change-makers are not only transforming industries but reshaping the future, creating innovative solutions, and promoting … Read more
hi, The way AI is built is about to change. OpenAI co-founder and former chief scientist Ilya Sutskever predicts that pre-training will end soon. The next generation of models, he predicted, “is going to be truly agentic.” He also said that future AI systems will be able to do things in a step-by-step manner that … Read more