Thursday, May 26, 2022

Inventus Capital launches Rs 900 crore fourth fund; rebrands as Athera Venture Partners

The launch of the fund comes at a time when dealmaking has slowed down with macro headwinds hurting investments and valuations of technology companies.

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Wednesday, May 25, 2022

We are now standing at crossroads: Metaversity founder Manish Maheshwari

Manish Maheshwari says, "As we started testing the early versions of the Metaversity platform with real students, it became apparent to us that the immersive classroom and community experience was not being delivered at the level we had envisaged."

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We are now standing at crossroads: Metaversity founder Manish Maheshwari

Manish Maheshwari says, "As we started testing the early versions of the Metaversity platform with real students, it became apparent to us that the immersive classroom and community experience was not being delivered at the level we had envisaged."

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Oh Snap! Social media stocks lose billions after Snapchat parent warning

The company was on track to lose $15 billion in market capitalization, while shares of major online advertisers and social-media firms were set to lose a combine $200 billion in value from the rout.

from Tech-Economic Times https://ift.tt/0h4vlZJ

Oh Snap! Social media stocks lose billions after Snapchat parent warning

The company was on track to lose $15 billion in market capitalization, while shares of major online advertisers and social-media firms were set to lose a combine $200 billion in value from the rout.

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Tuesday, May 24, 2022

Snap cuts revenue forecast, will slow down hiring



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Startup funding woes may hurt IPL ad prospects

Inbound investments were $4.6 billion in January, but quickly fell to $3.6 billion in February, $3.4 billion in March, and $2.6 billion in April. Globally, venture capital firms are becoming more vocal about a looming economic slowdown and the need to be more “defensive”. Investors are asking startups to focus on return on investment and reducing cash burn.

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Startup funding woes may hurt IPL ad prospects

Inbound investments were $4.6 billion in January, but quickly fell to $3.6 billion in February, $3.4 billion in March, and $2.6 billion in April. Globally, venture capital firms are becoming more vocal about a looming economic slowdown and the need to be more “defensive”. Investors are asking startups to focus on return on investment and reducing cash burn.

from Tech-Economic Times https://ift.tt/X2oECuY

Startup funding woes may hurt IPL ad prospects

Inbound investments were $4.6 billion in January, but quickly fell to $3.6 billion in February, $3.4 billion in March, and $2.6 billion in April. Globally, venture capital firms are becoming more vocal about a looming economic slowdown and the need to be more “defensive”. Investors are asking startups to focus on return on investment and reducing cash burn.

from Tech-Economic Times https://ift.tt/nTCvIWZ

Semiconductor packaging will take lead in supply chain localisation, say veterans

IIT-Madras director Kamakoti V and HCL founder Ajai Chowdhry said that packaging services — placing semiconductor wafers in casings and getting it ready for shipping -- would take off first, given its (the industry term for this is ATMP) relatively lower requirement in technology and investment.

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Monday, May 23, 2022

Rajesh Exports readies investment for EV entry, in talks with states for display fab

Rajesh Exports moved higher in the global jewellery supply chain with the acquisition of Swiss refiner Valcambi in July 2015, taking its total capacity to 2,400 tonnes per year.

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IndiaAI Mission's three indigenous AI models target offline mobile access, secure use in critical sectors

Three indigenous artificial intelligence (AI) models launched under the Centre's IndiaAI Mission are being developed for applications ra...