Page 31 - Peerzada Abrar

India's gig economy may add 90 million jobs, contribute 1.25% to GDP

Forum for Progressive Gig Workers' report says this market is expected to expand at 17% CAGR to reach a gross volume of $455 bn by year-end

ShopDeck raises $8 mn to support sellers across Tier-II, -III cities

This capital will drive ShopDeck's mission to empower small and mid-sized businesses, many of which are emerging brands exploring D2C for first time, to achieve profitability and scale

NTT DATA announces intent to acquire cloud engg firm Niveus Solutions

The acquisition accelerates NTT DATA's strategy to expand its cloud capabilities to meet the global demand for cloud solutions across industries

Cars24's revenue from operations rises 25% to Rs 6,917 crore in FY24

Other key contributors included income from the financial services arm, service fees, parking charges, and the sale of value-added services such as insurance assistance and warranties

Meesho unveils multilingual Gen AI-powered voice bot for human-like support

Designed to autonomously handle a wide range of customer interactions, Meesho said the voice bot currently handles about 60,000 calls daily

ShareChat's adjusted Ebitda losses fall 67% to Rs 793 crore in FY24

The largest homegrown social media company reported a 33 per cent year-on-year growth in revenue, reaching Rs 718 crore, up from Rs 540 crore in FY23

Robotics, precision manufacturing hot bets for investors: Accel's Prakash

Accel's Prakash says India will become precision manufacturing powerhouse for aerospace and defence in next few years

Ekart's supply chain monetisation efforts achieve 8x growth in last 3 years

With a daily capacity of over 6 mn shipments, Ekart's last-mile network now spans 98 per cent of Indian postal codes, backed by over 50 million cubic feet of warehousing and a fleet of 7,000 trucks

Eyeing level playing field to cater to nation's aspirations: Priyank Kharge

The minister for IT and biotechnology and rural development and Panchayat Raj, government of Karnataka, said the state should get its share of such opportunities as it is a hub for IT services exports

Ola Electric may lay off 500 employees as part of restructuring exercise

The aim is to remove redundant roles, improve efficiency, increase margin and attain profitability, according to the sources

Bengaluru Tech Summit: India's DPI has reached maturity level to go global

Countries showing interest in adopting India's digital public infrastructure model, which would help them deliver essential services, empower citizens, and improve lives by enabling digital inclusion

Bengaluru Tech Summit: Draft Karnataka Space Tech policy launched

The draft policy lays down the overall vision of Government of Karnataka for the space sector which is to hold 50 per cent of the national market share and transform into a global destination of space

'Need to build mobility innovations with people-centric approach'

They emphasised the need for collective innovation to build a robust infrastructure, including electrified buses and smart mobility solutions

Uber aims to launch shuttle service in Bengaluru; showcases plan at summit

This is expected to help more people book their travel in larger vehicles like shuttles helping take vehicles off the road

''From back-office sites, Indian GCCs becoming innovation hubs now''

India's global capability centres (GCCs) are projected to become a $100 billion industry by 2030, employing over 2.5 million professionals, according to industry data

Some jobs will disappear due to AI: Wipro Executive Chairman Rishad Premji

At a time when the 70-hour work week topic has sparked debate online, Premji also said that work-life balance is incredibly important for employees

Industry, govt, academia collaboration in focus at Bengaluru Tech Summit

Biocon Chairperson Kiran Mazumdar-Shaw said efforts should be made to ensure the government becomes the first user of innovations from startups

Bengaluru Tech Summit unveils initiatives to support startups at all stages

One of the initiatives is Innovate Campus, which focuses on deep-tech innovations such as quantum AI, climate tech, and space tech

Bengaluru Tech Summit: CM Siddaramaiah launches GCC policy, skilling drive

Karnataka plans to set up three innovation districts for Global Capability Centres (GCCs) in the state, which will serve as global hubs for innovation and research

India is among top 3 fast-growth markets for us: FedEx's Richard W Smith

Smith, the COO, international, and CEO, Airline FedEx, said express transportation firm unveiling its fourth international daily flight connecting India to the rest of world