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Testsigma raises $8.2 million to expand GenAI vertical

This fundraise will help us invest more in product engineering and will help us accelerate the various projectsNew Delhi: Software startup Testsigma on Wednesday said it has raised $ 8.2 million in a funding round led by MassMutual Ventures, and...

Mobile applications drive 80% of the total online revenue: Sreekanth Chetlur, Chief E-commerce Officer, Shoppers Stop

Sreekanth Chetlur, Chief E-commerce Officer, Shoppers Stop speaks to Mannu Mathew, Assistant Editor, IMAGES Group about the almost three-decades-old department store chain’s ongoing e-commerce journey, omnichannel approach, mobile application and much more. Chetlur also points towards the importance of...

Avoid hype of new tech, prioritise relevance for customers, says Flipkart exec

When you're building a solution, make sure that you have the right data, that would make it a powerful solutionNew Delhi:  Businesses must understand new technology before incorporating it into solutions, avoiding hype, said Ravi Vijayaraghavan, Chief Data Analytics...

GenAI both an enabler and destructor; companies wary of AI-fuelled malware, phishing: Report

A total of 93% of respondents, it said, anticipate AI-powered tools to create cyber risk for their organisations in FY25New Delhi: GenAI presents dual prospects of possibilities and peril, and a large majority of cybersecurity leaders from around the...

AWS launches gen AI service Amazon Bedrock in Asia-Pacific (BOM); promises low latency

By Aditi KashyapA lot of tasks which earlier were too difficult to automate can now be automated to a great extentNew Delhi: Cloud-computing platform Amazon Web Services (AWS) on Wednesday announced the launch of its generative AI service Amazon...

India leads in GenAI adoption, investment trends likely to rise in coming years: Report

The study also predicted promising investment trends shortly, with about 94% of respondents anticipating increased investments and budget allocations towards GenAI initiatives in the next 2-3 yearsNew Delhi: India leads globally in adopting GenAI technologies as a vast percentage...

Flipkart Ventures to fund, mentor GenAI-based early stage startups

Announcing the third cohort of FLA, the firm said the programme aims to accelerate the growth journey of early-stage startupsNew Delhi: Flipkart Ventures, the investment arm of e-commerce major Flipkart, on Monday invited applications for its accelerator programme.As part...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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