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ESRI India completes majority stake transfer to country MD

ESRI India has also started offering GIS solutions from the India market to global clients.

from Tech-Economic Times https://ift.tt/pcfCzo8

ED probing crypto exchanges for alleged laundering of over Rs 1,000 crore

The ED is expected to question officials of the crypto exchanges under investigation again next week, said an industry executive.

from Tech-Economic Times https://ift.tt/4AHn7UM

Agriculture export startup Produze raises $2.6 million in funding led by Accel Partners

Produze began its operations six months ago and was founded by Ben Mathew, Gaurav Agrawal, Rakesh Sasidharan and Emil Soman. Mathew and Agrawal were a part of the leadership team at Walmart-backed Ninjacart.

from Tech-Economic Times https://ift.tt/RZVLo0s

IPO-bound FirstCry eyes $4B valuation; Clevertap in talks to raise $75M

The Masayoshi Son-led firm, which is Firstcry’s largest investor, NewQuest Capital Partner, and a few other existing investors are in discussions to offload part of their holdings, they said.

from Tech-Economic Times https://ift.tt/Q1z2feb

Cognizant board bound to notice underperformance, execution challenges: Wedbush

Report speculative, Board fully supports strategic direction, management team: Cognizant

from Tech-Economic Times https://ift.tt/o8yLGe3

Oyo acquires s Danish chain Bornholmske

Bornholmske Feriehuse, based out of Bornholm island in Denmark, has more than 700 homes on its platform. Oyo said it is expected to clock more than 250,000 guest nights in 2022.

from Tech-Economic Times https://ift.tt/ZDG0xU9

SoftBank, others may pare FirstCry stake pushing company valuation to $4 billion

Ahead of IPO, Secondary Round likely to bring local PEs on board, etailer holds talks with Kedaara Cap.

from Tech-Economic Times https://ift.tt/7POlN4b

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...