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Most emerging technologies are going to be fueled by open source: Brent Schroeder, Suse

Vignesh Ananthraj

Brent Schroeder took charge as Global CTO at German open source software firm Suse in June this year, about a year after it was ....

19 July, 2019

Indian server market declined 16% in Q1 2019: IDC

Om Athavale

The server market in India registered a year-over-year (YoY) decline in revenue of 16.2% to $298 million in the first quarter ....

19 July, 2019
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Venture Catalysts backs US-focussed equities investment platform Vested

Shweta Sharma

US and India-based investment platform Vested has raised an undisclosed amount of funding from incubation platform Venture Catalysts.  The ....

19 July, 2019

ShopClues lays off 200 employees as it runs out of M&A options

Binu Paul

Ecommerce marketplace ShopClues has laid off about 50% of its workforce as the going gets tough for the Gurugram-based company ....

19 July, 2019

Cars24 in legal quandary, IKEA launches online operations in Mumbai

Team TC

Cars24 gets notices from landlords over non-payment of rent. In a global first, IKEA launches online operations in Mumbai ahead ....

19 July, 2019

Cryptocurrency exchange Cryptokart shuts operations

Tanmay Tiwary

Cryptocurrency exchange firm Cryptokart is shutting down operations. “We've decided to shut down Cryptokart,” ....

19 July, 2019
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Watch: B2B startups will take off in the next 6-7 years: Sateesh Andra, Endiya Partners

Anand J & Vijayakumar Pitchiah

Hyderabad-born Sateesh Andra spent several years in Silicon Valley building his own IT management software startup Euclid before changing lanes to become a venture capitalist. He set up and ran Draper Fisher Jurvetson’s (DFJ) India operations more t

19 July, 2019

Intel, SAP announce new partnership

Vignesh Ananthraj

Multinational technology and chip maker Intel and German ERP leader SAP SE announced  a multi-year technology partnership, ....

19 July, 2019

L&T Infotech reports 1.5% drop in net profits, revenues up 15.3%

Anirban Ghoshal

Larsen & Toubro Infotech (LTI), the information technology services arm of Mumbai-based engineering conglomerate L&T, ....

19 July, 2019

Cyient Q1 net profit up 9.7%

Vignesh Ananthraj

Hyderabad-based engineering, manufacturing and data analytics technology solutions company Cyient reported a 9.7% increase in ....

18 July, 2019
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ByteDance under govt scrutiny for data collection by TikTok, Helo

Payal Ganguly

In a three-page letter issued to short video app TikTok and language chat app Helo, the ministry of electronics and information ....

18 July, 2019

Fintech startup CredAble’s subsidiary gets NBFC licence

Shweta Sharma

Mumbai-based financial services company CredAble’s wholly-owned subsidiary, Equentia Financial Service Private Limited, ....

18 July, 2019