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Article on July 07, 2022

Rejig At SoftBank; Rajeev Misra To Launch New Fund

A key lieutenant of SoftBank’s founder Masayoshi Son, Misra will retain a senior position with the group’s first $100 billion Vision Fund, but relinquish other roles, people familiar with the matter said

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IBM Acquires Databand.ai To Extend Leadership In Data Observability

According to Gartner, every year poor data quality costs organizations an average USD 12.9 million. To help mitigate this challenge, the data observability market is poised for strong growth

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Ola Reportedly Plans To Lay Off Up to 500 Employees in Cost-Cutting Exercise

The company currently has nearly 1,100 employees in its core ride-hailing business and directly competes with Uber.

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Public Storage Marketplace Airattix Bags INR 1.25 Cr Through External Funding

The funding was led by a group of investors of Indian and American nationality. Through the funding, the company plans to expand its presence in tier 1 and tier 2 cities in India, team building, technology development and marketing

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Jio Haptik’s Interakt Launches Its WhatsApp-Based Sales Channel App On Shopify

This new integration has taken the conversational commerce journey one step forward by enabling merchants to auto-sync their Shopify store with WhatsApp in a few clicks & helps them share their product catalogs with customers automatically

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RenewBuy Appoints Nishant Mehta As Chief Business Officer

In his new role, Nishant will be responsible for driving new growth avenues for RenewBuy’s InsurTech business model

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Connect and Heal Announces New Appointments; Eyes $100 Mn Revenue By 2025

The company has appointed Mithun Patange as Director of Marketing and Communication, Yathish Venkatesh as Head of Performance, and Christina David as Head of Content

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96% of Indian Businesses Plan To Expand Into New Markets In Next Year: Report

At the same time, nearly half of them (43%) realized the need to rearchitect their IT infrastructure to ensure it supports 5G capabilities. With respect to Indian organizations’ three-year technology strategy, 5G network infrastructure is perceived as the most important (44%), followed by IoT applications (34%) and edge computing (32%)

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We Are Reaping Digital Dividends From The Adoption Of Technology: BW Disrupt, Vinish Arya

In an interview with BW Disrupt, Vinish Arya, Director of Go Devil, talks about the inception of the company, product portfolio and more

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Edtech Startup PrepInsta Announces Menstrual Leave Policy

Following the announcement, female employees at the startup will now be able to avail of 2 days of additional paid leave every month

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