When Saahil Goel says, “We renamed ourselves to Shiprocket,” he is not talking about a cosmetic rebrand. He is referring to a moment when a 14-year-old company finally recognised what it truly was and what it was meant to build. “I think for the first time, the whole company felt it,” he says. For the … Read more
Deepinder Goyal, the founder and Group CEO of Eternal, which runs Zomato and Blinkit, in a letter to the shareholders announced that he is stepping away from the top executive role and handing over the reigns to Albinder Dhindsa. Goyal will move to the position of Vice Chairman He said the decision is driven by … Read more
Ride-hailing giant Uber has announced a significant change in its operational model for auto drivers in India, shifting from a commission-based system to a Software-as-a-Service (SaaS) subscription model. As part of this transition, all auto rides booked via the Uber app will now be cash-only, effective from 18 February. A notification on the Uber app … Read more
Larsen & Toubro (L&T) is acquiring 21% stake of E2E Networks. E2E is a listed Company It was founded in 2009 and got listed in 2018 The Company mainly offers public cloud to it’s customers 21% stake acquisition by L&T is a combination of primary and secondary 15% primary through preferential allotment @ 3,622/ share … Read more
Jio Platforms, a subsidiary of Reliance Industries that helps operators to evolve to new 5G capabilities, has created an AI platform, Jio Brain, that integrates machine learning (ML) capabilities in a telecom operator’s network, enterprise network, or any industry-specific IT environment without the need for an exhaustive network/IT transformation. According to a LinkedIn post by … Read more