Li-ion battery recycling: booming market with a reverse logistics challenge

The increasing adoption of electric vehicles, the rising number of smartphones, laptops, and other consumer electronics, and the growing need for eco-friendly energy storage solutions have been driving the Lithium-ion (Li-ion) battery market in India. Estimated at $2.5 billion in 2023, it is expected to cross $5 billion in the next five years. The increasing … Read more

Bengaluru colleges put curbs on use of ChatGPT

With OpenAI’s ChatGPT passing the Wharton MBA exam, and the US law and medical licensing exams, colleges in Bengaluru are getting worried. Sanjay Chitnis, dean of the school of computer science and engineering at RV University, has issued an advisory to students and faculty saying that artificial intelligence (AI) agents such as ChatGPT, Github Copilot, … Read more

ChatGPT Wrote My Cover Letters. Here’s How Recruiters Responded

I got the chatbot to write cover letters for real jobs and asked hiring managers what they thought. Most of the managers would have given me a screening call but said the letters lacked personality. A new version of an AI chatbot from OpenAI, ChatGPT, has had the internet in a frenzy over the last … Read more

Zomato’s co-founder resigns. High profile exits continue.

Mohit Gupta, the co-founder at Zomato for last 4 and half years has resigned. Reason for Mohit’s exit – no clarity Where is he going – no one knows Is Zomato concerned – atleast not publicly. They didn’t even designate him as a Key Managerial Person (check the company disclosure in the source link). This … Read more

Unicorns become ‘cockroaches’ as tech funding dries up

For years, becoming a unicorn was the main goal of startups. Now, with venture funding drying up and many young firms’ survival in doubt, another creature is the talk of the town: the cockroach.   Venture capitalists and technology chieftains converged in Singapore in recent weeks to hobnob over a number of high-profile annual conferences, … Read more

Digital Health Startup Mfine Lays Off Staff

Digital health platform MFine has become the lastest venture capital backed startup to lay off its staff due to a lack of funds to pay salaries, two former employees at the firm said. Bengaluru-based MFine, operated by Novocura Tech Health Services Pvt Ltd, has laid off over 50% of its staff, one of the employees … Read more

How Elon Musk Could Arrange The Massive $43 Billion To Buy Twitter

The purchase isn’t straightforward, but Elon Musk has several financing paths. One option is to sell his Tesla shares outright. Another is borrowing against them to stage a leveraged buyout, possibly with outside partners. Musk, 50, currently has about $3 billion in cash or other somewhat liquid assets after spending $2.6 billion buying a 9.1% … Read more

CCI orders to investigate Zomato, Swiggy over neutrality

The order comes months after the National Restaurant Association of India (NRAI) asked the Competition Commission of India (CCI) to investigate the companies for breaching platform neutrality by providing priority to the exclusive contractors. Key points to note – NRAI represents more than 5,00,000 restaurants across India. Other than complaints about platform neutrality, complaint by … Read more