Zomato Ltd’s co-founder and Chief People Officer (CPO), Akriti Chopra, has resigned to pursue other interests, as announced in the company’s filing with the Bombay Stock Exchange (BSE) on September 27, 2024.
The company stated, “We would like to inform that Ms. Akriti Chopra, Co-Founder & Chief People Officer designated as Senior Management Personnel (SMP), has tendered her resignation…
AdaniConneX, a joint venture between Adani Enterprises and US-based EdgeConneX, has successfully raised up to $1.44 billion (approximately ₹11,520 crore) to support its ambitious plans for green data centers, the company announced on Sunday.
The financing includes an initial commitment of $875 million, with an option to extend the total commitment to $1.44 billion. This latest transaction boosts…
Accenture is ramping up its focus on Indian talent, with plans to significantly increase technology hiring in the country. CEO Julie Sweet announced that the company will primarily recruit in India, aiming to refresh its workforce with new college graduates while adhering to its existing talent strategy.
During an investor call, Sweet stated, “We are hiring primarily in India, so a lot of that…
In a significant push towards modernization, Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India (SEBI), announced the implementation of a dozen artificial intelligence (AI) projects aimed at enhancing speed and efficiency within the market regulator. Speaking at the annual board meeting of the Association of Mutual Funds in India (AMFI), Buch highlighted that half of…
WeWork Inc.’s plan to exit its Indian unit through a secondary stake sale has fallen apart, just as the coworking sector begins to show signs of recovery. This development highlights the ongoing challenges faced by WeWork following its bankruptcy.
The deal involved WeWork Inc. selling its entire 27% stake in WeWork India, while the Embassy Group aimed to divest an additional 13% to a consortium…
Two Point O Capital, a climate financing platform, has successfully raised $6.3 million in seed funding, primarily led by the venture capital firm Omnivore. This funding aims to enhance the company’s tech-enabled platform, which focuses on financing distributed clean energy projects, including solar rooftops and wastewater treatment systems, specifically catering to micro, small, and medium…
Y Combinator recently hosted its second Demo Day for the Summer 2024 cohort, showcasing a range of innovative startups. While AI continues to dominate the spotlight, several other intriguing ventures captured attention, from advanced drone technology to freight carpooling solutions. Here are nine startups that made a mark:
1. Entangl
What it does: Detects errors in engineering projects, proposes…
In a recent viral video, Indian YouTuber and startup cofounder Ishan Sharma shares vital advice for job seekers, particularly those considering positions at startups. After facing backlash for his views on tipping culture in the U.S., Sharma took to LinkedIn to discuss a common pitfall in salary negotiations.
He emphasizes the importance of fully understanding the components of your compensation…
Modelo’s “Mark of a Fighter” campaign, launched in March 2023, marked a significant shift in the beer market, allowing it to overtake Bud Light as America’s favorite beer. This impressive turnaround showcases not only Modelo’s competitive spirit but also offers valuable marketing lessons for entrepreneurs.
Lesson 1: Go Big on Marketing
Modelo’s approach to advertising is strikingly…
A recent report by SkyHive, titled Global State of the Skills Economy, reveals that India reported the highest demand for artificial intelligence (AI) and machine learning (ML) jobs during the first half of 2024, with a notable growth rate of 4.1%. Following India are Germany at 2.5%, Japan at 2.2%, and the US at 2.1%.
The report emphasizes a significant rise in job postings related to AI, ML, and…
