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Amazon clocks 22,190 orders a minute during Prime Day 2023 peak

Amazon Prime is subscription membership that offers premium services to its customers

Google-backed Dunzo defers salaries further to first week of September

Salaries for June, July and August are likely to be paid at the same time

Amazon's TV sales hit double-digit growth amid premiumisation wave

During its recent Prime Day sale event on July 15-16 where it launched over 45,000 new products on its platform, as many as 30% of televisions sold on Amazon were above 55 inches

Online smartphone sales likely to remain muted this festival season

Brands increasingly ramping up offline footprint

Profitable Indian unicorns to grow from 30 in FY22 to 55 in FY27: Report

Their total loss is expected to reduce from $7.1 bn to $1.9 bn, says Redseer

Google Play Games for PC beta launches in India, 60 other countries

App now available in over 120 regions; users in India can access it in English and Hindi; game libraries are synced across devices such as phones, tablets, Chromebooks, and PCs

Rajnish Kumar, Mohandas Pai to join edtech major Byju's advisory body

Firm appoints ex-upGrad chief as overseas business CEO

Apple partners with NGO to promote clean energy innovation in India

Enterprises working for environmental and social causes can apply for programme

Aftershocks or warning signs: Gaming firms on thin ice, slim margins

However, Dhruv Garg, a technology lawyer and head of the All India Gaming Federation, is of the view that smaller firms stand to be impacted the most

Zepto 'in talks' to raise funding, may become India's 1st unicorn this year

Quick-delivery firm said to be looking to raise $150 mn in a funding round that will value it at $1.3 bn

Why are governance lapses increasing in Indian startup ecosystem?

Conversations around proper governance among startups are increasing

GST Council meeting: Firms say 28% tax on online gaming a killer blow

Industry stakeholders, including gaming companies and industry bodies, expressed discontentment

ASUS bets on gaming, premium products to increase market share in India

India's PC market, which includes desktops, notebooks, and workstations, dipped 30.1% YoY to 2.99 million shipments in Q1 of calendar year 2023

Quick commerce firm Dunzo defers salaries of 50% workforce for June

Sources say this may trigger a fresh round of job cuts

Primed for Prime Day, Amazon@10 goes from 100 product launches to 45,000

In 2022, the company launched 30,000 products

Indian startup funding in H1CY23 drops 36% to lowest in 4 yrs: PwC

Dip comes despite significant untapped capital reserves held by venture capitalists; fintech, SaaS ad D2C remain most funded sectors

OYO to add 500 hotels in host cities for upcoming Men's Cricket World Cup

The tournament, which begins on Oct 5 and ends on Nov 19, will take place in Hyderabad, Delhi, Dharamsala, Chennai, Lucknow, Bengaluru, Mumbai, Kolkata, and Pune. The final will be played in Ahmedabad

Indian start-ups raise more funds than China for 2nd straight year

No new unicorns were created during the first six months of the year, against 19 unicorns in H1 2022 and six in H2 2022

Amazon set to cross $8 bn in exports from India by 2023, up 60% YoY

These developments are in line with the company's target of crossing the $20-billion mark in exports by 2025. This has been doubled from its previous target

PhonePe's ONDC app Pincode goes live in 10 cities, to expand services

The company says it will expand category offerings and expand nationwide