Welcome to the world of facts and news

GroMo raises $11 million in funding from SIG Venture Capital and others

The other key investors include Y-Combinator, Das Capital, Goodwater Capital, Beyond Next Ventures, Soma Capital, Ace & Company and Hauz Khas Ventures, the company announced Tuesday.

from Tech-Economic Times https://ift.tt/V72NJIn

90% of comments on my Twitter account are bots: Elon Musk

Elon Musk has terminated the $44 billion Twitter takeover deal, and the matter is now in a US court, over the presence of bots on the platform, and seeks answers from Agrawal via an open debate.

from Tech-Economic Times https://ift.tt/V24XIn8

A social media outpouring on Bengaluru rains

When contractors have to pay 40% cost of project as bribe to the ministers and officers - this is what you get, the user said, w hile uploading a picture of vehicles wading through an inundated road.

from Tech-Economic Times https://ift.tt/du6TwU2

Unicorns face a funding crunch; CCI clears PayU-BillDesk deal; and IT firms boost campus hiring

Bengaluru-based Acko had signed a term sheet with PayU, owned by Prosus, but the South African conglomerate decided not to go ahead with the financing.

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

Wary investors walk away from large funding deals citing tech turbulence

Good Glamm, Acko see funding talks fall through; companies raising $100 million plus rounds struggle due to macroeconomic headwinds

from Tech-Economic Times https://ift.tt/IF9TDwN

PayU’s $4.7-billion Billdesk acquisition cleared by CCI after a year



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

Amazon eyes entering Japan prescription drug market: report

Amazon plans to partner with small- and mid-sized pharmacies for the service, starting next year when electronic prescriptions are allowed for the first time in Japan, Nikkei said, citing people involved in the project.

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

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...