April 20, 2021 - Is AI the Secret Behind Indian Start-ups Making it into Unicorns Club?

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Is AI the Secret Behind Indian Start-ups Making it into Unicorns Club? Just in the first four months of 2021, nine Indian start-ups have made it into the unicorns club by securing a US$1 billion investment. We examine how they used artificial intelligence to power their growth. Ecommerce will play a defining role in MSMEs' success says Nitin Gadkari at Amazon Smbhav Summit 2021 At the Amazon Smbhav Summit 2021, MSME Minister Nitin Gadkari said that digitisation should be a priority and Amazon should keep investing in India's MSMEs. Why BYJU'S did not meet $150-million net profit target in FY21 Focus on chasing growth and huge marketing costs are two major reasons Truecaller launches enterprise solutions for businesses Verified businesses will get a green Caller ID and green Verified Business badge SoftBank in talks to invest up to $500 m in Swiggy The investment will value the food delivery start-up at $5.5 billion Google goes international with vaccine-finding feature Google on Thursday went international with tools designed to help people find Covid-19 vaccination locations, as the US internet titan ramps up effort.. Apple announces $200 million Restore Fund to invest in forestry projects Apple is partnering with American non-profit Conservation International and Goldman Sachs for the project Covid 2.0 set to derail IT companies return-to-office plans The vaccination drive is not helping the industry as about 90 per cent of the employees are under 45 years of age. Facebook partners CleanMax to move to 100% renewable energy in India The first project is a 32MV wind project in Karnataka These Early Collectors of NFTs Like Beeple and Pak Are Now Crypto Millionaires Infosys records Q4 PAT of Rs5,078cr; FY22 revenue growth guidance set at 12%-14% Infosys has provided revenue growth guidance of 12%-14% in constant currency for FY22. While the operating margin guidance is set 22%-24%. Broadcom inks strategic partnership with Google Cloud for digital transformation of enterprises Under this partnership, Broadcom will deliver its suite of security and enterprise operations software on Google Cloud, DevOps, and more on Google Clo.. Samsung launches its Neo QLED TV range in India Samsung's new range of Neo QLED 8K TVs will be available in QN800A 75-inch and 65-inch and QN900A 85-inch models [Jobs Roundup] Here's how you can work for India's newest social media unicorn ShareChat ShareChat is looking to grow its user base and build a world-class organisation. It is also looking to strengthen its creator community, AI-powered recommendation engine, and platform health. How agritech initiatives brought digital transformation RBL Bank and Mastercard partner to offer first-of its-kind, payment functionality in India Pay by Bank App will enable consumers to make payments, securely and directly from the Bank's mobile banking app Wipro Q4 results: Profit jumps 28% to ₹2,972 crore; revenue rises 3.4% 'We delivered a third consistent quarter of strong revenue growth, deal wins and operating margins. We also announced our largest ever acquisition of Capco that will bolster our global financial services sector,' said Thierry Delaporte, CEO, Wipro US-based DXC Technology to hire 7,000 from campuses in India this year The head of the company's Indian operations, Nachiket Sukhtankar, says there is a premium on talent, and retention is a challenge. The company is increasing hiring to build its talent base and will invest in training and development instead of relying only on wage hikes. Infosys Loses Over 3% Post Q4 Numbers Infosys, the country's second largest software services company, on Wednesday reported an annual increase of 17 per cent in net profit at Rs 5,076 crore on the back of large contract wins No politics, no controversy: OTT platforms in India want to play it safe Filmmakers and producers say a culture of fear has gripped the industry.