Drip Capital, a digital trade finance platform, has successfully raised $113 million in a recent funding round, combining equity and debt to further its growth and diversify its product offerings for small and medium-sized businesses (SMBs) in key markets such as India and the US.
This funding round includes $23 million in equity from Japanese institutional investors GMO Payment Gateway and…
InsuranceDekho, a prominent force in India’s insurtech industry, has announced the launch of its innovative SaaS platform, Heph, designed to enhance the efficiency of insurance distributors. With a notable achievement of insuring over 8 million customers—equivalent to 21 individuals every minute—InsuranceDekho attributes its success to a cutting-edge technological approach.
Founder and CEO…
In a decision that now appears prescient in hindsight, Intel, once a leading force in the computer industry, opted against investing in OpenAI, a move that has contributed to the chip giant’s struggle to stay relevant in the rapidly evolving AI sector. The choice not to back OpenAI has had significant repercussions, especially as the field of artificial intelligence has surged forward, fueled by…
The Nasdaq Composite index fell 2.2% on Friday, confirming a correction as it dropped 10.2% from its record high set on July 10. This decline reflects growing concerns over inflated valuations in the Big Tech sector and a weakening economy.
The Nasdaq’s latest drop was triggered by disappointing earnings forecasts from major tech companies such as Amazon and Intel, coupled with…
New Delhi, July 30 (IANS) — Jong-Hee (JH) Han, Vice Chairman, CEO, and Head of Samsung Electronics’ Device eXperience (DX) Division, highlighted India’s significance as a fast-growing global market and a key opportunity for the South Korean tech giant. Speaking on Tuesday, Han emphasized that India’s rapidly expanding market is crucial for Samsung’s global strategy. Han’s visit to…
Artificial Intelligence (AI) is increasingly reshaping the digital landscape, and Justdial, a pioneer in local search and business connections, is at the forefront of this transformation. The company is harnessing the power of generative AI to revolutionize its platform, aiming to deliver a more intuitive and informative experience for both consumers and businesses.
In an exclusive interview with…
