Indian Fintech Faces 63% Funding Dip
Only five $100 million+ funding rounds took place last year….reports Asian Lite News India’s fintech sector saw funding plunge 63 per cent in 2023
India Inc. Ramps Up AI Spending in 2024
The report surveyed over 300 IT decision-makers from India’s top organisations, between July and September 2023….reports Asian Lite News About 68 per cent of
AI Leads Smartphone Tech Shift
Indians are spending a staggering 2,300 hours annually on their smartphones and till now, consumers have largely adapted to an app-driven world…reports Asian Lite
Unicorn Boom Slows
2023 witnessed 67 mega deals ($100 M+ rounds) worth $21.2 Billion, compared to 112 such investments worth $31.8 Billion in 2022….writes Sanjeev Sharma The
Samsung Vows to Keep Tech Crown
For its mobile, home appliances and software division, a customer-first strategy was emphasised, with a focus on performance and quality…reports Asian Lite News South
Amazon’s Climate Pledge Advances
The one-megawatt (MW) proton exchange membrane electrolyser is the first for Amazon and is producing low-carbon hydrogen to fuel more than 225 hydrogen fuel
Mid and Small Caps Outshine Nifty in 2023
The trend is likely to be reversed in 2024 since the mid and small caps are overvalued and large caps are relatively fairly valued…reports
Gujarat on Tesla’s Radar
With its strategic location and favourable business environment, Gujarat has emerged as the “preferred destination for Tesla’s manufacturing plans”….reports Asian Lite News Elon Musk’s
itel Enters Open-Earbuds Market
This strategic move underscores itel’s commitment to innovation, expanding its dynamic portfolio of Smart Gadgets….reports Asian Lite News itel Mobile India has announced its
AI Adoption Surges in India
An integral part of employers’ strategy to effectively adopt AI will be to ensure they follow ethical AI principles according to 42 per cent
