Freshworks’ operational losses up to USD 47.1 million
Medilytix Bureau, 05.05.2022 Benagaluru: Software company Freshworks has reported GAAP (loss) from operations in the quarter ended March 31, 2022 at $47.1 million compared to $1.7 million in the same…
9-month-old Zepto inches towards unicorn club with new $200 mn fund raise
Medilytix Bureau: Nine months after its inception, quick commerce start-up Zepto is inching towards entering the unicorn club. Zepto has raised a $200 million funding at a $900 million valuation…
India’s business activity sees sharp spike to 57.9 in Apr from 53.6 in Mar
Medilytix Bureau: India’s business activity saw a sharp spike in April at 57.9 as against 53.6 in March, according to data by S&P Global India Services PMI. “At 57.9 in…
Odisha’s Capital Likely To Be Among The ‘First Set Of Smart Cities’: Report
Bhubaneswar/New Delhi: The Government of India is likely to announce seven cities including Bhubaneswar as the country’s ‘first set of smart cities. Bhubaneswar, Odisha’s State Capital, will be ranked among…
India’s Services exports set a new record of USD 254.4 Billion in FY 2021-2022, beats previous high of USD 213.2 Billion in 2019-20
Medilytix Bureau: India’s Services exports set a new record of USD 254.4 Billion in the financial year 2021-2022. The new record achieved in 2021-22 beats the previous high of USD…
Ministry of Civil Aviation invites applications for Production Linked Incentive (PLI) scheme for drones and drone components
Medilytix Bureau: The Ministry of Civil Aviation (MoCA) has opened the application window for those manufacturers of drones and drone components, who may have crossed the PLIeligibility threshold for the…
JSW Energy Q4 Results: Profit jumps eight-fold to Rs 864 crore
New Delhi: JSW Energy on Tuesday posted a more than eight-fold increase in consolidated net profit to an all-time high of Rs 864 crore in the quarter ended March, mainly…
Amit Shah inaugurated the National Intelligence Grid (NATGRID) Bengaluru campus
Bengaluru, 04/05/2022: Union Minister for Home and Cooperation, Shri Amit Shah inaugurated the National Intelligence Grid (NATGRID) Bengaluru premises today. The Union Home Minister, Shri Amit Shah while addressing the…
State-of-the-art facilities at Padukone-Dravid Centre for Sports Excellence to be utilised to develop skills to compete at the International level: Anurag Thakur
Bengaluru, 04.05.2022: Shri Anurag Singh Thakur, Union Minister of Information & Broadcasting and Youth Affairs and Sports said that one should not wait for the weekend or holidays to play…
India and Germany agree to work together with focus on Artificial Intelligence (AI) Start-Ups as well as ‘AI’ research and its application in Sustainability and Health care
Medilytix Bureau: India and Germany have agreed to work together with focus on Artificial Intelligence (‘AI’) StartUps as well as AI research and its application in Sustainability and Health care,…