Tech & Startups
Ola Electric to invest $100 million in gigafactory
Ola Electric founder Bhavish Aggarwal said is developing a 4680 form of battery cells, which is more energy-dense and advanced than the 2170 form of battery cells it currently sources for its electric scooters.
Poll of the Day
Is GenAI the next big thing for IT clients?
Trending Stories
Tech Newsletters
Welcome to another edition of ETtech Unwrapped – our weekend newsletter. It has been a packed week for ecommerce and quick commerce news. The previous weekend began with Zepto scooping up $665 million in funding, at more than double its last valuation in 2023, which is a pivotal moment for the sector.
The Security and Exchange Board of India (Sebi) has approved a regulatory framework for financial influencers. This and more today’s ETtech Top 5.
Happy Friday! Paytm is steering clear of regulated businesses and will instead focus on building a strong distribution network. This and more in today's ETtech Morning Dispatch.
SLIDESHOWS
Meet the Covid entrepreneurs who shot to fame
High attrition & variable pay: A spoilsport for IT firms
Zuckerberg eyes metaverse, AI in Reels, and business messaging to drive growth
AI, Cloud, and Augmented Reality: Sundar Pichai’s bets for future
Squid Game: 132 million accounts and counting
India leading country of origin for immigrant-founded US startups
Zomato shares hit record low. Read what brokerages have to say
Tech Bytes
Unicorn count may rise to 152 in 5 years with valuation over $1 billion
According to the ASK Private Wealth Hurun India Future Unicorn Index 2024, India is poised to witness the addition of at least 152 new unicorns (startups valued over $1 billion) from 31 cities over the next 3-5 years. This growth would expand the current count of 67 unicorns. Throughout the year, there has been notable activity in the future unicorn list, with 25 startups dropping off. Additionally, 12 companies were downgraded from gazelle status to cheetah, while 10 moved up from cheetah to gazelle.
Bengaluru's Incluzza helps Google bring accessible gaming closer home
Project Gameface, is an open source, hands-free, on-device, AI-powered ‘mouse’ developed by Google that allows phones, computers to be controlled with facial expressions.
Infosys cuts average bonus to 60% for Q4
The average pay-out, according to several employees, has dropped to 60% for the final quarter of fiscal 2024. It had announced a variable bonus pay-out of 73% for the October-December period, 80% for the quarter through September and 75% for the first quarter of the fiscal year.
Tech Videos
- Introducing 'Eye on AI': The Economic Times' brand new page on Artificial Intelligence
- Surge in cybercrime raises alarm in Gujarat; Police appeal people to stay aware
- UP's Kashi Vishwanath Temple introduces virtual reality Darshan for devotees
- Apple bringing ChatGPT to iPhone in partnership with OpenAI; Musk threatens to ban Apple devices
