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Blume Ventures closes its largest India-dedicated fund at $250 million

Indian limited partners (LPs) — predominantly large family offices and SIDBI — accounted for 40% of the money raised in Fund-IV, with the rest coming from overseas-based family offices, foundations, sovereign funds and corporates.

from Tech-Economic Times https://ift.tt/SIb1jEo

IT, services firms add more hybrid jobs to tap into wider talent pool

Companies such as Axis Bank, BCG, Deloitte, and LinkedIn have adopted various flexible work models and top officials of these firms said the hybrid work models will continue going ahead.

from Tech-Economic Times https://ift.tt/2q05bwX

‘Systemically important’ platforms may face more scrutiny; angels investing in foreign startups face forex hurdle

The parliamentary committee on finance will submit a report on digital markets in the winter session of Parliament that will propose mandatory disclosures by these platforms on a regular basis, they told us.

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Seven old IITs record over 133 one crore-plus offers

The number of offers is still behind last year’s 185; IIT Bombay is yet to disclose numbers.

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Elon Musk converts several rooms at Twitter HQ into bedrooms for 'hardcore' employees

The beds are prepared for remaining "hardcore" staffers to be able to stay overnight at the office

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Union says Microsoft will recognise unit of videogame testers

Voluntarily agreeing to bargain with the union would allow Microsoft to avoid a formal election overseen by the US National Labor Relations Board and the legal battles that often ensue.

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

India looks at oversight of algorithms used by social media and internet firms

India will be among the first few nations to mandate legal oversight of proprietary codes such as algorithms, if the proposal is included in the forthcoming Digital India Act (DIA).

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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...