While $46 million came in as equity investment, $14 million was raised via debt from investors such as USDFC and ResponsAbility, a Geneva-based development finance institution, Arya.ag's cofounder and MD Prasanna Rao says.
The high demand for digital transformation solutions will continue as companies have realised that technology adoption has made their businesses more resilient during the pandemic, HCL Technologies CEO C Vijayakumar says in an interview.
The government wants to wait for the pilot launch of the Reserve Bank of India’s digital currency expected in a few months before introducing the crypto bill in parliament.
BharatPe cofounder Ashneer Grover could face increased scrutiny as expletive-laden emails he allegedly sent to an employee of Sequoia Capital India in 2020 have surfaced.
India’s top IT services firms have begun pricing their clients higher on digital deals, passing on the increased costs that they incur on retaining or hiring people.
Tinkerbell, Steradian and Tagbox, who are already winners of the Elevate 100 programme, figure among the 14 national awardees, IT/BT minister CN Ashwath Narayan said.
Work from home is a luxury that only the privileged could afford, Zoho CEO Sridhar Vembu said, pointing out that it does not suit sectors like manufacturing.