Insurance major RenewBuy has successfully raised $40 million in its ongoing Series D funding round from Japanese insurance giant Dai-ichi Life Holdings, Inc. According to a statement by the company, the latest investment is part…
Argentem Creek Partners (‘Argentem’), an emerging markets specialist investment firm, announces that it has been granted an In-Principle Approval (IPA) for a Financial Services Permission (FSP) on 20th June 2023 from the Financial Services Regulatory…
In recent weeks, the U.K. government has been making efforts to establish itself as a global leader in AI safety. However, it has refrained from passing new domestic legislation to regulate AI applications, presenting a…
Assisted over 3,000 pet parents, the company sets its sights on reaching ten lakh pet parents this year. Wagr, the leading pet-tech start-up, has introduced ‘Toto,’ the world’s first AI-powered petcare chatbot, designed to revolutionise…
Instagram’s Threads app is gaining significant traction in India, where users account for a third of the app’s total global downloads, as per a recent report by app intelligence firm data.ai. The report highlights India…
In a joint effort with the Integrated Transport Centre (ITC) under the Traffic Committee in Abu Dhabi, Deliveroo has launched a Rider Safety Programme. This new initiative aims to promote safe road practices and is…
Taiwanese electronics manufacturing giant Foxconn has proposed setting up a new facility in Karnataka, India. The state minister MB Patil announced on Twitter that Foxconn intends to invest INR 8,800 Crores ($1 Billion) in the…
Microsoft continues to grapple with the aftermath of a cyber attack orchestrated by China-backed hackers, who stole a critical key enabling them to stealthily access numerous email inboxes, including those of several federal government agencies.…
Dunzo, the hyperlocal delivery startup, is exploring the possibility of securing additional funding from its largest investor, Reliance Retail, to extend its financial runway. The company continues to implement cost-cutting measures in its consumer business,…
Tesla’s directors have agreed to return $735 million to the company to resolve claims from shareholders, alleging excessive compensation for themselves. The settlement, which was filed in court on Monday, marks the conclusion of a…