Around 40 new-age firms could go public or be ready for an initial public offering ( IPO) by fiscal year 2025 as the ecosystem has turned its focus on profitability, according to a report by consulting firm Redseer. SaaS, B2C Product Companies, and FinTech are amongst the most promising categories to produce IPO-ready… Continue reading Tech boom? India to see 40 startups launch IPOs in the next two years
Tag: Tech
Stocks to Watch today, Aug 07: Yatharth, TD Power, RIL, BoB, GNFC, Zen Tech
Stocks to watch on August 07, 2023: Shares of consumer discretionary such as Dixon Tech and Amber Enterprises are expected to be in focus after government relaxed curbs on laptop imports. Source link
ISRO transfers satellite bus tech to Alpha Design to boost private sector
ISRO on Saturday said it has transferred the IMS-1 Satellite Bus Technology to Alpha Design Technologies Pvt. Ltd in a step towards enhancing private industry participation in the country’s space sector. NewSpace India Limited (NSIL), the commercial arm of ISRO, facilitated the technology transfer through an agreement signed during an event held at… Continue reading ISRO transfers satellite bus tech to Alpha Design to boost private sector
Tech Mahindra trains 8,000 employees in artificial intelligence: Official
IT company Tech Mahindra trained 8,000 employees in artificial intelligence as it readies itself to cater to demand around generative AI and quantum computing, a senior company official said on Saturday. Tech Mahindra global chief people officer and head of marketing Harshvendra Soin said that the company is enhancing focus on BFSI, healthcare,… Continue reading Tech Mahindra trains 8,000 employees in artificial intelligence: Official
Honasa Consumer, healthcare tech firm Indegene get Sebi’s nod to float IPOs
Honasa Consumer Ltd, which owns FMCG brands Mamaearth and The Derma Co, and healthcare tech firm Indegene Ltd have received markets regulator Sebi’s clearance to raise funds through Initial Public Offerings (IPOs). In addition, engineering, procurement and construction (EPC) firm Vishnu Prakash R Punglia Ltd obtained Sebi’s go-ahead to float the initial share… Continue reading Honasa Consumer, healthcare tech firm Indegene get Sebi’s nod to float IPOs
Dixon Tech, Optiemus, HCL Info rally 8-9% on laptops, tablets import curbs
Shares of consumer electronic makers rallied on the bourses in Thursday’s trade after the central government restricted imports of laptops, tablets, and personal computers with immediate effect in a fillip to domestic electronic manufacturing. The share price of consumer electronics maker Dixon Technologies surged 8.3 per cent to its intra-day high of Rs… Continue reading Dixon Tech, Optiemus, HCL Info rally 8-9% on laptops, tablets import curbs
70% of startups say tech adoption propels hypergrowth: SAP-Zinnov Study
SAP India see triple digit growth in CY23: President and MD Kulmeet Bawa Germany’s SAP sees ‘phenomenal growth’ in India, will increase hiring About 40% of SAP’s R&D innovations come from India: India COO Rahul Baheti Profitable Indian unicorns to grow from 30 in FY22 to 55 in FY27: Report VC investment in Indian startups… Continue reading 70% of startups say tech adoption propels hypergrowth: SAP-Zinnov Study
Pawan Munjal-backed Exponent unveils 15-minute charging tech for EVs
Exponent Energy, an energy-tech startup backed by investors like Hero MotoCorp’s Chairman, and CEO, Dr. Pawan Munjal’s family office, Motherson Group and Lightspeed India on Monday unveiled the technology behind its 15-minute rapid charging solution for the EV (electric vehicle) industry. Led by former Ather Energy employees Arun Vinayak and Sanjay Byalal, Exponent… Continue reading Pawan Munjal-backed Exponent unveils 15-minute charging tech for EVs
Centre releases draft National Deep Tech Startup Policy on Monday
The government on Monday released the draft National Deep Tech Startup Policy (NDTSP) that spells out a nine-point programme to create a conducive ecosystem for the sector, which is crucial for enhancing India’s capability and global competitiveness. A deep tech startup involves early-stage technologies based on scientific or engineering advancements, which are yet… Continue reading Centre releases draft National Deep Tech Startup Policy on Monday