Africa tech startups are rising stars in the global innovation landscape. The continent’s dynamic entrepreneurial spirit is transforming industries, attracting attention, and sparking interest from investors worldwide. With a rapidly growing population of tech-savvy young people and increasing access to the internet, Africa tech startups are poised to make a lasting impact. This article explores…
The Indian technology industry is currently experiencing a pivotal revival, characterized by a gradual increase in demand and a notable shift in client spending behaviour. As global economies stabilize and adapt to changing market dynamics, this transition is crucial for both Tier-I and mid-tier companies, setting the stage for sustainable growth and innovation in the…
September 27, 2024September 27, 2024 On Thursday, September 26, Prime Minister Narendra Modi unveiled three PARAM Rudra supercomputers. These supercomputers, created domestically as part of the National Supercomputing Mission, signify a significant advancement in the country’s weather and climate research capabilities. Speaking via video conference to scientists and others,…
September 19, 2024September 19, 2024 The Digital Personal Data Protection (DPDP) Act’s regulations might establish a comprehensive framework for companies to manage consent rather than providing specific rules. These regulations could exempt educational institutions from certain consent requirements, but ed-tech companies would still be affected. People familiar with the…
September 13, 2024September 13, 2024 The startup Centricity, a company focused on technology-driven wealth management, has secured a seed funding round of USD 20 million. Leading the investment is Lightspeed, along with the participation of returning investors Burman Family Office and Shantanu Agarwal. The funding round also attracted involvement…
Prudent Corporate Advisory Services, an independent retail wealth management services group, has reported a 51% year-on-year increase in revenue from operations, reaching Rs 249.4 crores for the quarter ended June 2024. The company achieved a net profit of Rs 44 crores for the June quarter, marking a 57% growth compared to the same period last…
August 8, 2024August 8, 2024 SigTuple, a medtech startup, has raised Rs 33 crore (USD 4 million) in an extended Series C round. SIDBI Venture Capital led the funding, which included existing investors such as Endiya Partners and strategic leaders from the healthcare sector. The Bengaluru-based company previously secured…
India should consider revising its taxes on crypto and not depend on its anti-money laundering rules to reverse the impact of those high taxes, a survey of Indian investors by a New Delhi-based technology policy think tank revealed. Source link
European shares closed higher on Thursday, boosted by banking, technology and healthcare stocks, though they finished below session highs after the European Central Bank cut lending rates for the first time since 2019 but left the timing of future moves unclear. The pan-European STOXX 600 closed 0.7% higher, off record high levels hit earlier in…
Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up to seven years. Bitdeer and Desiweminer Join Forces in Multimillion-Share Acquisition Deal…