On May 9, a Singapore Court approved the Lab request to merge its local entity with its Indian company, Pine Labs Private Limited, and transfer all its assets and properties. Pine Labs provides a variety of products and services...
Latest Posts
ChatGPT creator OpenAI might be training it’s AI technology to replace some software engineers
According to a Semafor report, OpenAI secretly engaged hundreds of foreign contractors to educate its artificial intelligence in software engineering. Some contractors from Latin America and Eastern Europe are said to have been...
D2C rollup ecommerce startup GOAT Brand Labs acquired Imara
A women-focused ethnic fashion brand called Imara has been acquired by D2C rollup ecommerce startup GOAT Brand Labs. Following the acquisition, GOAT plans to promote Imara internationally. The Imara clothing collection by...
Google developed an AI that can generate music from text descriptions, but won’t release it
Based on a text description, Google’s remarkable new AI system can create music in any genre. The corporation does not, however, currently have any plans to distribute it due to the risks. There have been other generative...
OYO expects to be EBITDA positive for the first time in FY23
In a recent town hall meeting, Oravel Stays Ltd, the parent company of the hotel chain OYO, informed its staff that it is probably going to be EBITDA positive for the first time in the current fiscal year FY23. The firm, which is...
Walmart plans to invest up to $2.5 billion in Flipkart and PhonePe
Walmart, the biggest retailer in the US, is reportedly spending more money into its operations in India as Western investors continue to pour significant sums of money into the race to maintain dominance in this huge Asian market...
Online scheduling software provider firm Appointy acquired fitness startup Zyoga
Fitness startup Zyoga has been purchased by online scheduling software provider Appointy for an undisclosed amount. An artificial intelligence-powered virtual fitness studio is offered by the healthtech startup Zyoga to fitness...
Microsoft owned GitHub has 10 million developers in India
Ten million developers working on the Microsoft-owned code-hosting platform GitHub in India. The fact that the platform now has more than 100 million developers worldwide was also mentioned. In order to facilitate global...
Neobank Niyo users bear the brunt, as partner SBM Bank India comes under RBI radar
A day after the Reserve Bank of India (RBI) ordered the State Bank of Mauritius (SBM) India to stop all transactions under the Liberalized Remittance Scheme(LRS), fintech startup Niyo has become unanticipated collateral damage...
Ola partners Dbset Cars to sell 5,000 commercial fleet vehicles
The cab-leasing division of Ola, Ola Fleet Technologies, announced that it would sell 5,000 vehicles to Dbest Cars India for more than INR 125 Cr. Gulshan Rao, director at Ola, claims that the sale of used business vehicles is...
