Tech SMEs to contribute 7-9% of industry in FY23: Nasscom
With the Indian tech industry expected to grow to $500 bn by 2030 from the current $245 bn, share of tech SME is also expected to grow to $35-40 bn by 2030.
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Shrinking American Pie for Indian IT?
The domestic IT industry, which rode on the pandemic-led digitisation, is bracing for a slowdown as the U.S. and Europe stare at recession. Will this crisis lead to new opportunities?
Super Wednesday: Tech startups raise over $300 mn
Besides the funding announcements, the day also saw the launch of a $85 million venture capital fund led by India’s leading technology entrepreneurs.
40 Under 40: Meet the founders of Dream11
Dream11 is India’s first gaming unicorn, and claims to be the world’s largest fantasy sports platform with over 100 million users.
40 under 40: Meet the founders of Bobble AI
Bobble started in 2015 as an app to turn selfies into stickers. Today, Bobble boasts of over 50 million users as well as a list of partners that includes Xiaomi, Foxconn, Apple, and Amazon.
BPM industry needs a tech revolution. Here’s why
The BPM industry needs the combined power of analytics, artificial intelligence (A.I), Robotic Process Automation (RPA), and Machine Learning (ML) to re-capture customers in the new normal.
Tech startups recovering gradually: Nasscom
About 50% of tech startups in the country expect to reach pre-Covid revenue levels in the next six months, a Nasscom report argues.
Byju’s raises $200 mn from Tiger Global
The funding takes the valuation of the Bengaluru-based education-tech company, which has over 42 million registered users and 3 million paid subscribers, to $8 billion, say analysts.
Past learning valuable for what I’m doing now: Sikka
The former MD and CEO of Infosys takes forward his commitment to emerging technologies such as A.I. with his startup Vianai Systems.
Observe.AI raises $8 mln
The California-headquartered company offers an artificial intelligence (AI) platform which provides call-centre agents with real-time feedback on customer sentiment.
